Listing provided courtesy of Realty Executives PremierNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 829849MLS Provider

4489 BroadwayGary, IN 46409

Commercial · 1,270 Sq. ft. | 0.13 Acres
$205,000 Active

4489 Broadway Overview

Time on Site:
248 days
Visits:
2

Bugsy's Tavern has been in operation since 2007 and is now available for purchase as a fully operational, turn-key business on a 0.13-acre lot. This 1,270-square-foot establishment, with a rich history. This tavern was formerly operated as Red's Keg and was originally built in 1930. Bugsy's now operates with a nostalgic Harley Davidson-themed decor. It spans the length of the building, offering seating for approximately 50 patrons, including 15 stools at the counter, additional seating for 20 spread throughout the facility, and 15 more on the outside patio. The outside patio has two tables and bench seating as well. Entertainment income is obtained by the Music selections, dart board, and pull tab gambling. Multiple flat-screen TVs to keep guests engaged. This is a Smoking establishment, presently serving only limited bar food, but has a small kitchen for owners who would like to expand the menu options. For comfort and convenience, the property features heating and air conditioning for year-round climate control, along with two restrooms. Outdoors, a small patio provides extra space for guests to unwind, while 20 onsite parking spaces and additional street parking ensure ample availability. This tavern has a long term, hands on owner who has kept hours of operation of Noon to 8pm (sometimes later). Additional income can be generated by expanding the hours of operation. The bar can stay open until 3am. This turn-key property is ready for immediate operationadon't miss this great income opportunity!

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4489 Broadway Facts & Features

  • Type Commercial
  • Sq. ft. 1,270
  • Price/Sq.ft. $161
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Common Interest: None

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Lake
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 1154
  • Tax Year: 2024

General Information

  • Exclusions: None
  • Listing Terms: Cash,Conventional
  • Parcel Number: 001254101700026
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: Dishwasher,Water Heater,Range Hood,Refrigerator,Range,Other,Microwave,Gas Water Heater,Freezer
  • Building Features: Public Restrooms,Patio
  • Electric: 100 Amp Service,Circuit Breakers
  • Heating: Central,Natural Gas,Forced Air
  • Interior Features: Wet Bar
  • Living Area: 1270

Exterior

Parking Information

  • Parking Features: Attached,Alley Access,Asphalt,Other,Off Street
  • Parking Total: 20

Lot Information

  • Additional Parcels: false
  • Lot Features: Corner Lot,Paved
  • Lot Size Acres: 0.13
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5662.8
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

General Information

  • Exterior Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Water Connected,Sewer Connected,Natural Gas Connected,Electricity Connected

4489 Broadway Neighborhood

Community

46409 (Gary) Demographics

40
Median Age
1,976
Population Density (per sq. mile)
20%
College Educated
$33,120
Estimated Median Income
1,422
Estimated Total Home Owners
1,357
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4489 Broadway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4489 Broadway Market Data

Based on the last 30 days in this zip code

$107,345
Average List Price
$83
Average Price per Square Foot
8
Properties Sold
94
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

4489 Broadway History

Date Event Value Agent
1/30/2026Source: Northwest Indiana MLS Status Change
Active
12/16/2025Source: Northwest Indiana MLS Status Change
Accepting Backup Offers
10/24/2025Source: Northwest Indiana MLS Added to Database
October 24, 2025