102 State StAshley, IN 46705

Property Details for 102 State St

Property size (Sq ft)

1,304 SF

Property type

Retail properties

Property subtype

Bars

Description

This thriving Ashley, Indiana bar presents a unique turnkey opportunity for an ambitious entrepreneur. Located at 102 W State St, this 1,304 square foot establishment boasts a 100% occupancy rate and is priced at $140,000 ($107.36/sq ft). The sale includes the building, land, a three-way liquor license (allowing on-premise consumption and carry-out sales), all kitchen equipment, a walk-in cooler, a pool table, and all furnishings. Additional revenue streams are generated by a pull-tab machine and a jukebox. A full basement provides ample storage space, and convenient parking is readily available. The bar has a long-standing history in the community, known for its welcoming atmosphere. Its strategic location near several factories and the I-69 interstate offers significant potential for increased food and beverage sales. This is a rare chance to acquire an established business with a proven track record and substantial growth potential in a desirable location. The lease is expiring, making this a fee-simple ownership opportunity. The current owner is retiring, presenting a seamless transition for the new owner.

Location Insight

City

Ashley

County

DeKalb

State

Indiana

Latitude

41.5269

Longitude

-85.0658

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