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$150,000 (Sold)

1 S Meridian Street Redkey, IN 47373-9342

Property Description
Opportunity is knocking in Redkey! Here is your chance to own a commercial building with multiple producing revenue streams. Val’s Place Two Doors Down is a well established bar that also serves hot food. Val’s will be sold with a Three-Way liquor license, Tobacco License, and catering license. All fixtures will also be included in the sale including but not limited to a newer beer cooler, newer compressor for walk in cooler, gaming machines (some are leased), etc. The HVAC unit for Val’s is 5 years old. The second story features apartments, 4 One units that rent at $130/week and 1 double that rents at $150/week. There are about 4-5 more apartments that could be finished. The building also has 3 more store fronts that could be finished to produce more income.
Address:1 S Meridian Street Redkey IN 47373-9342
Status:Sold
Sold On: 3/5/2020
Price:$209,000
Bathrooms:0
Year Built:1899
Lot Size:0.58
County: Jay County
Township: Richland
MLS #:201902294
Property Type:Restaurant/Bar

Lot Dimensions:121x220
Directions:Hwy 67 to Redkey, South on Meridian (Hwy 1) to Property.
Basement:Yes
Loan Price
$1,222
Price And Interest $782/month
Property Tax $377/month
MTG INS $0/month
HOME INS $63/month
Price
$150,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$377/month
Home Owner Insurance
$756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
Master Bedroom 12810 x 6690 Info Not Available
3rd Bedroom 7 x 2 Info Not Available
Den 2 x 19500 Info Not Available
Annual Property Tax:$2,261
Tax Year:2019
City:Redkey
Subdivision: None
Zip Code:47373-9342
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Pending
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Listing provided courtesy of RE/MAX Evolve.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.