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Map

Directions

South of Downtown on Calhoun St. approximately 7 blocks.

Description

This listing includes 3 parcels of real estate 1915 S. Calhoun St. (Welch’s Ale House Building), 112 E. Masterson St. (Babylon Building along with Former 1911 Gallery Building on Calhoun St.) and the large parking lot 128 E. Masterson Ave (large parking lot at the corner of Masterson St. and Clinton St.) the business Welch’s Ale House Restaurant and Babylon Bar, 210 Liquor License, Equipment, Inventory and Real Estate. If you have been looking for a tremendous opportunity to get into the restaurant and bar business – these well established businesses offer a prime entrepreneurial opportunity. OPTION #1 – The complete package including real estate, well established businesses Welch’s Ale House and Babylon nightclub, liquor license and equipment can be purchased for $1,725,000.00. OPTION #2 – REDEVELOPMENT OPPORTUNITY – Purchase all three parcels of prime redevelopment property for $1,400,000.00.

Details

  • Property Details

  • MLS #:
    202240337
  • Price
    $1,725,000
  • Approx. Lot Size Acres
    0.98
  • Approx. Lot Size SqFt
    42,689
  • Class
    Commercial
  • DOM
    2
  • Lot Dimensions
    110X150
  • New Construction
    No
  • Parcel ID#
    02-12-11-284-003.000-074
  • Property Sub-Type
    Restaurant/Bar
  • State
    IN
  • Subdivision
    Hamilton(s)
  • Year Built
    1900
  • Zip
    46802
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: December 7 2022, 4:45 PM

Listing courtesy of: Brandon Steffen, Steffen Group

IDX information provided by the Indiana Regional MLS. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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