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Investment Highlights

  • Located in an Opportunity Zone, offering potential tax incentives for qualifying investments.
  • Convenient access to Indianapolis Boulevard and I-90 for regional connectivity.
  • Positioned in a well-established East Chicago neighborhood with strong local visibility.
  • Former bar space with existing fixtures and equipment included.
  • Fully serviced with city utilities, natural gas heating, and fluorescent lighting.

Executive Summary

Located in the East Chicago community, this beloved property has been a staple local attraction for many years. Previously operated as a bar, the space boasts a welcoming ambiance, unique architectural features, and a prime location. Although it no longer holds a liquor license and is currently not in operation, the property offers incredible potential for a variety of ventures—be it a restaurant, café, boutique, ghost kitchen or creative space. Don't miss the chance to own a piece of local history and transform it into something new and exciting! Property is also offered for Lease.
Directions: Indianapolis to 151st St. East to property on North side of street.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,875 SF
Building Class
C
Year Built
1913
Price
$130,503 CAD
Price Per SF
$69.60 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.48
Lot Size
0.09 AC
Opportunity Zone
Yes
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100

Nearby Major Retailers

Strack & Van Til
First Merchants Bank
Rent-A-Center
PNC Bank
Centier Bank

Property Taxes

Property Taxes

Parcel Number
45-03-32-205-038.000-024
Land Assessment
$18,533 CAD
Improvements Assessment
$99,940 CAD
Total Assessment
$118,473 CAD
  • Listing ID: 39823070

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 604 W 151st St, East Chicago, IN 46312

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