The ORR Home Selling Team Real Estate Groups
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    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Redkey, IN 47373 1 S Meridian Street

$229,000

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Presented By: Mark Leavell with Leavell Real Estate;
  • MLS# 202512540
  • 04/11/2025
  • Get pre-approved
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  • Baths • 7
  • SQFT • 14,010

Home Details

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 4-5 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.
Presented By: Mark Leavell with Leavell Real Estate;

Interior Features for 1 S Meridian Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NYes
Interior Height14
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity, Volunteer
Equipment Y/NYes
Basement/FoundationPartial Basement, Outside Entrance
FlooringCarpet, Laminate, Mixed
WallsWood, Other

General for 1 S Meridian Street

# of Buildings2
Age126
Agent First NameMark
Agent Last NameLeavell
Annual Taxes2567.56
AreaJay County
Associated Document Count
Auction Y/NNo
Bathrooms7
Business NameVal's Bar & Grill
Ceiling Height14
CityRedkey
ClassCOMMERCIAL
CoolingCentral Air, Window
DOM81
FIPS Code18075
HeatingElectric, Gas, Baseboard, Forced Air, Wall Heater, Multiple Heating Systems
Legal DescriptionPT W 1/2 NW 1/4 PT W 1/2 NW 1/4. PT W 1/2 NW 1/4 .05A .58 PER GIS S24 T22 R12
LocationCity
ModificationTimestamp2025-04-12T19:45:31.7
New ConstructionNo
PROPOSED FINANCINGCash, Conventional
ParkingYes
ParkingGravel, Lot, Off-Street, Street
Present UseBus. Included w/Property
REONo
RoofAsphalt, Metal
SewerCity, Public
Special Features110 Volts, 220 Volts, Living Space, Basement, Office Space, Ventilating/Exhaust Fans, Refrigeration/Freezer
StatusActive
StatusActive
Status Detail0
Stories2
SubdivisionNone
Tax Year2025
TownshipRichland
TypeRestaurant/Bar
Virtual TourClick here
Year Built1899

Exterior for 1 S Meridian Street

Approx. Lot Size Acres0.58
Construction Type 1Brick
ExteriorBrick
FenceWood
Ingress/EgressGravel
Lot Dimensions110x95, 85X118, 46X104
Lot Size Area25265
Parking TypeGravel
Road AccessCity
Road Frontage DescriptionCorner Lot on St Rd 1
Road SurfaceAsphalt
Security Light Y/NYes
Sprinkler System Y/NYes
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $229,000
MLS#202512540
List Date 04/11/2025
Property Type Commercial
Phone (765) 744-9500
Get pre-approved
Request Tour
Request Info
Visit My Website

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