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$699,000

2325 Wabash Street Michigan City, IN  46360

  • 4,533 sq. Ft

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Property Description for 2325 Wabash Street Michigan City, IN 46360

Welcome to a unique opportunity to own a piece of Michigan City's history with Chappy's Stadium INN, an iconic bar and beloved establishment rooted in tradition and community. Nestled in the heart of this vibrant city, this mixed-use property offers more than just a place to grab a drink or a bite to eat; it's a cornerstone of the community, steeped in nostalgia and tradition. It encapsulates a heritage of hospitality and charm complete with the cherished business itself and boasting two, beautiful 3-bedroom income-generating residential units adding revenue potential and investment flexibility. From the well-stocked bar to the fully equipped kitchen, all the assets you need to continue this storied establishment is included in the sale that has contributed to its enduring success. Whether it's the bustling atmosphere of the bar or the comforting aroma of homestyle cooking, the Stadium INN holds a special place in the hearts of all who enter. Don't miss your chance to own this legacy and write the next chapter of this celebrated establishment.

Address:2325 Wabash Street Michigan City IN 46360
Status:Active
on site: 87 days
Price:$699,000
Bathrooms:0
Sq. Feet:4,533
Year Built:1925
Lot Size:0.29
County: La Porte
Township: Michigan
MLS #:800913
Property Type:Business

Lot Dimensions:SEE LEGAL
Directions:North on Franklin St, turn left onto Arthur St., head Corner of Wabash & Arthure St.
Total Sq. Ft. :4,533
Basement:Yes

Loan Price
$3,937
Price And Interest $3,646/month
Property Tax $0/month
MTG INS $0/month
HOME INS $291/month
Price
$699,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,492 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2022
Mandatory HOA Fee:$

Subdivision: Gallaher & Wainwrights Add
Zip Code:46360

Total Sq. Ft.:4,533
Interior Features:Bar, Storage, Wet Bar, Walk-In Closet(s), High Ceilings, Eat-in Kitchen, Ceiling Fan(s)
Appliances:Bar Fridge, Water Heater, Refrigerator, Range, Microwave, Ice Maker, Gas Range, Free-Standing Refrigerator
Exterior Features:Awning(s)
Heat:Forced Air
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of Giorgios Karayannis with @properties/Christie's Intl RE from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/18/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Michigan City Market Report

110
Avg. DOM
$178.3
Avg. $ / Sq.Ft.
$ 238,900
Med. List Price

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