About This Home

This 0-bedroom, 0-bathroom commercial at 4489 Broadway in Gary, IN is listed for $205,000 ($161 per sqft). Built in 1930, the home offers 1,270 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1930
  • 0.13 acre lot
  • 20 parking spaces

Property Details

20 spaces
1930

Amenities

View
Listing Description

Bugsy's Tavern has been in operation since 2007 and is now available for purchase as a fully operational, turn-key business on a 0.13-acre lot. This 1,270-square-foot establishment, with a rich history. This tavern was formerly operated as Red's Keg and was originally built in 1930.

Bugsy's now operates with a nostalgic Harley Davidson-themed decor. It spans the length of the building, offering seating for approximately 50 patrons, including 15 stools at the counter, additional seating for 20 spread throughout the facility, and 15 more on the outside patio.

The outside patio has two tables and bench seating as well. Entertainment income is obtained by the Music selections, dart board, and pull tab gambling. Multiple flat-screen TVs to keep guests engaged. This is a Smoking establishment, presently serving only limited bar food, but has a small kitchen for owners who would like to expand the menu options.

For comfort and convenience, the property features heating and air conditioning for year-round climate control, along with two restrooms. Outdoors, a small patio provides extra space for guests to unwind, while 20 onsite parking spaces and additional street parking ensure ample availability.

This tavern has a long term, hands on owner who has kept hours of operation of Noon to 8pm (sometimes later). Additional income can be generated by expanding the hours of operation. The bar can stay open until 3am. This turn-key property is ready for immediate operationa"don't miss this great income opportunity!

Monthly Cost Estimate

$1,096/mo

20% down · 6.5% · 30 years

Principal$148
Interest$888
Insurance$60

Estimates only. Actual payments may vary.

Location

4489 Broadway

Gary, IN 46409

Features & Amenities

Interior Features

Wet Bar

Property Details

Views

City

Parking

AlleyOff Street

Heating

CentralForced AirNatural Gas

Appliances

DishwasherWater HeaterRange HoodRefrigeratorRangeMicrowaveGas Water HeaterFreezer

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4489 Broadway is listed at $205,000 ($161/sqft). The estimated monthly payment is $1,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.13 acre lot, 20 parking spaces. Interior Features: Wet Bar.

This property is listed by William Kornblum and can be reached at 2193089629.

WK

William Kornblum

Agent at Realty Executives Premier

(219) 308-9629

Listed by Realty Executives Premier

MLS# 829849· Source: listhub· 263 days on market

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4489 Broadway, Gary, IN 46409

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