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$699,000

Est. payment - /mo

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4,533 SqFt

Active

2325 Wabash Street Michigan City, IN 46360

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Carol Vieceli

listwithcarolv@gmail.com +1(219) 299-3357

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,533 sqft

Price per Sqft $154

Subdivision Gallaher & Wainwrights Add

MLS Listing ID 800913

Year Built 1925

Annual Tax Amount $4,533

Tax Year 2022

Lot Size 0.287 Acres

Lot Dimensions SEE LEGAL

Property Sub-Type Business

Property Description

Welcome to a unique opportunity to own a piece of Michigan City's history with Chappy's Stadium INN, an iconic bar and beloved establishment rooted in tradition and community. Nestled in the heart of this vibrant city, this mixed-use property offers more than just a place to grab a drink or a bite to eat; it's a cornerstone of the community, steeped in nostalgia and tradition. It encapsulates a heritage of hospitality and charm complete with the cherished business itself and boasting two, beautiful 3-bedroom income-generating residential units adding revenue potential and investment flexibility. From the well-stocked bar to the fully equipped kitchen, all the assets you need to continue this storied establishment is included in the sale that has contributed to its enduring success. Whether it's the bustling atmosphere of the bar or the comforting aroma of homestyle cooking, the Stadium INN holds a special place in the hearts of all who enter. Don't miss your chance to own this legacy and write the next chapter of this celebrated establishment.

Location

State IN

County La Porte

Zoning Residential

Rooms

Basement Concrete, Storage Space, Unfinished, Full, Interior Entry, Crawl Space

Interior

Interior Features Bar, Storage, Wet Bar, Walk-In Closet(s), High Ceilings, Eat-in Kitchen, Ceiling Fan(s)

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Tile, Hardwood, Linoleum, Laminate, Ceramic Tile

Fireplace No

Appliance Bar Fridge, Water Heater, Refrigerator, Range, Microwave, Ice Maker, Gas Range, Free-Standing Refrigerator

Exterior

Exterior Feature Awning(s)

Parking Features Additional Parking, Off Site, Unpaved, Parking Lot, Open, Gravel, Garage Faces Rear

Utilities Available Cable Connected, Water Connected, Electricity Connected, Sewer Connected, Phone Connected, Natural Gas Connected

Roof Type Asphalt,Membrane

Building

Lot Description Landscaped

Story 2

Foundation Block, Combination, Brick/Mortar

Structure Type Aluminum Siding,Vinyl Siding,Concrete,Brick

Schools

School District Michigan City

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Listed by @properties/Christie's Intl RE

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(219) 299-3357

listwithcarolv@gmail.com

310 E Lincolnway, Valparaiso, IN, 46383, USA