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Listed by Amber Greene • Greene Realty, LLC
$ 495,000
Est. payment /mo
New
109 W Main ST Bainbridge, IN 46105
5,252 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,252 sqft
Price per Sqft $94
MLS Listing ID 22050346
Year Built 1945
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Retail
Property Description
Your business opportunity of a lifetime awaits with the Bainbridge Tap & Grill!!! This ESTABLISHED & HIGHLY SUCCESSFUL bar/restaurant w/ a 3-way transferable liquor license is located in downtown Bainbridge just one block off of US Highway 36. GREAT LOCATION that is centered between Danville, Rockville & Greencastle. The Owners are only selling due to retirement and have been at the helm of this goldmine the past 9 years. (Since purchasing the business 9 yrs. ago, they have invested approx. $200,000 in improvements & updates!) The building is in immaculate condition inside & out w/ gas furnace, central A/C & ductwork all only 2 yrs. old, 1/2 rubber roof only 10 yrs. old and 1/2 metal roof only 10 yrs. old. All plumbing & electrical updated 9 yrs. ago, as well. The bar/restaurant space features approx. 100 seats, 2 pool tables, 3 electronic dart boards (there is a dart tournament every Tuesday that draws a big crowd), multiple stages for live music & entertainment and a HUGE rectangular seated bar. The restaurant is even more profitable than the bar and includes a fully-equipped commercial kitchen. THIS BUSINESS IS THE DEFINITION OF TURN KEY!!! All you have to do is step inside and get started! The AMAZING upstairs apartment is and added bonus w/ 1,300+ SF, 2 BRs & 1 Full BA. It has a Living Room, Kitchen (w/ stove, refrigerator & dishwasher included), Dining Room, MASSIVE Master Suite w/ walk-in closet & spacious 2nd BR. Washer & dryer hook-up included, as well. The apartment can be accessed via a stairway in the bar/restaurant OR via a private exterior stairway at the back of the building. This apartment could serve as living quarters for the new owner, or could be rented out to tenants for add'l. income. (Fair market value rent is approx. $1000/mo.) Plenty of customer parking in front and private parking in back for owners, employees and/or tenants. When it comes to buying a business, it doesn't get better than this. Really. Call us yesterday!!!
Location
State IN
County Putnam
Zoning Commercial
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sep Electric Meter, Sewer Connected, Water Connected
Roof Type Metal,Rubber
Building
Story 2
New Construction false
Schools
Elementary Schools Bainbridge Elementary School
Middle Schools North Putnam Middle School
High Schools North Putnam Sr High School
School District North Putnam Community Schools
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