Redkey IN Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.58 Acres
Year built:
1899
Baths:
7.00
MLS#:
202439515
Subdivision:
None

ADDITIONAL INFORMATION

Have you ever wanted to own a bar?!? Now is your chance! Val's Bar and Grill is a fully operational bar currently offering food, weekly Queen of Hearts drawings, pool table, Wifi Juke box, bowling game, and a regular stop and host of Poker Runs. It is also one of several businesses who support each other as part of Redkey's Downtown Revitalization. Sale includes all restaurant equipment, Security System, Safe, and Type 210 3-way Liquor License. Val's also has a Catering and Carry-Out Endorsement, Gaming License, and Cigarette License that Buyer can apply for. The ATM, pool table, games, jukebox, and Coke cooler are owned by a 3rd Party. In addition to the Bar, there are also 4 Studio apartments, a one bedroom apartment, and a large garage currently rented out for storage to provide additional income. And there is so much more untapped potential in this building with 3 additional storefronts and 5 more apartments that just need someone to put the effort into bringing them back to life! Seller is willing to assist with transition to new owners for up to 30 days, and would like to give the current employees an opportunity to continue to be employed with the new owners.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Redkey Real Estate

The median home value in Redkey, IN is $113,500. This is lower than the county median home value of $125,600. The national median home value is $338,100. The average price of homes sold in Redkey, IN is $113,500. Approximately 62.46% of Redkey homes are owned, compared to 26.87% rented, while 10.68% are vacant. Redkey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redkey real estate agent to arrange a tour today!

Redkey, Indiana has a population of 1,333. Redkey is more family-centric than the surrounding county with 31.4% of the households containing married families with children. The county average for households married with children is 28.65%.

The median household income in Redkey, Indiana is $37,037. The median household income for the surrounding county is $48,904 compared to the national median of $69,021. The median age of people living in Redkey is 39.5 years.

Redkey Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 39 inches per year, with 22.9 inches of snow per year.

Redkey Real Estate Market Conditions

  • Median sales price

    $113,500
    15.1% change since last quarter
  • # Active listings

    8
    30-day change

Redkey Schools and Demographics

Education near Redkey, IN

Metric City County
High School Graduates 86.8 88.03
College Degree - 2 year 5.83 8.53
College Degree - 4 year 8.25 12.94
Graduate Degree 2.09 4.09
Expenditures per Student 13,365 13,365
Students per Teacher 14 14

Elementary Schools near Redkey, IN

School Grades Students P/T Ratio ZIP
Albany Elementary School KG - 05 295 15.5 47320
Deerfield Elementary School KG - 05 207 13.8 47380
Eaton Elementary School KG - 05 255 14.2 47338
Redkey Elementary School KG - 05 163 13.6 47373
Westlawn Elementary School KG - 05 230 17.7 47336

Middle Schools near Redkey, IN

School Grades Students P/T Ratio ZIP
West Jay County Middle School 06 - 08 247 10.5 47336

Demographics near Redkey, IN

Metric City County
Neighborhood Type Small Town
Population 1,333 20,570
Population Density 1,424 54
Median Age 39.5 39.9
People per Household 2.7 2.5
Median Household Income 37,037 48,904
Average Income per Capita 19,109 26,064