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  • Price cut: $5K (4/9)
    $345,000

    517 E Barker Ave, Michigan City, IN 46360

    --beds
    --baths
    --sqft
    : 
    Apartment
    Built in 1930
    -- sqft lot
    $331,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Open conceptOwn parking lotCorner lotNew refrigeration systemNew ac unit
    Great opportunity to own a turnkey bar/restaurant and well maintained apartment! This fully outfitted bar and restaurant is currently operated by a much beloved local business and has everything you need including a new refrigeration system as of 2021, new AC unit in the upstairs apartment, and the west wall was fully tuck pointed in 2024. The building is situated on a great corner lot with its own parking lot in a high traffic area. The open concept and ample square footage allows for it to be converted to virtually any type of business. The bright, open concept 3 bedroom 1 bathroom apartment upstairs also has long term, reliable tenants for additional income or you can work downstairs and live above. The price includes a 2-way liquor license, and almost all kitchen/bar equipment and inventory. This is a great package in an ever growing city!
    54 days
    on Zillow
    |
    246
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 04:01pm

    Listed by:

    Courtney Eck,

    Coldwell Banker Realty 269-469-3950

    Source: NIRA,MLS#: 816803MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 517 E Barker Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dryer, Washer
    Features
    • Ceiling Fan(s), Open Floorplan
    • Has fireplace: No
    Interior area
    • Finished area above ground: 2,600

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, On Street, Off Street
    • Has attached garage: Yes
    Features
    • Levels: Two
    • Exterior features: Lighting
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,850.11 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 460133160036000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: 100 Amp Service, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

    Community & HOA

    Community
    • Security: Fire Alarm, Security Lights, Smoke Detector(s)
    • Subdivision: Culver Add
    Location
    • Region: Michigan City

    Financial & listing details

    • Tax assessed value: $118,500
    • Annual tax amount: $3,083
    • Date on market: 3/3/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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