1105 Gostlin Street, Hammond, IN 46327

$299,000 Asking Price

2,220  sqft
Built in 1950

Zoned R-1U. Legal non-conforming use. Main level is currently Steve & Nicks bar for sale with a 4-way license which includes beer, wine, liquor and restaurant. Upper unfinished living area could be additional rental income or used as a primary residence and needs built out. Main level could also be partitioned to be part of upstairs residence or convert the whole building into a single-family residence. Current access to upper living area is through the bar but an exterior door could be added to create a separate private entrance. All decor, stools and tables can stay as well as any inventory and appliances which include air fryers, 2 refrigerators, bar refrigerator, standalone freezer, microwave, computer and copier, hot dog machine, cheese warmer and any bar/restaurant supplies. Gaming equipment and pool tables are currently leased with profit sharing agreement. Lease terminates upon sale. Next Buyer can negotiate a new lease if desired or have equipment removed. 2220 Main level bar area, 2220 upper unfinished living area and 2220 unfinished basement. Great opportunity and comes with a hard to find 4-way license!!! License could be sold separate if buyer only wants structure.

Features & Amenities

Interior

General:
Open Floorplan, Storage, Wet Bar
Appliances:
Bar Fridge, Free-Standing Freezer, Refrigerator, Microwave, Gas Water Heater, Freezer, Free-Standing Refrigerator
Basement:
Unfinished
Heating:
Forced Air, Natural Gas

Exterior

General:
Lighting, Storage, Rain Gutters
Parking:
Additional Parking, Driveway, Private, Paved, Parking Lot, Outside, On Street, On Site, Off Street, Lighted

Construction

General:
Two

Location

Road/Access:
Asphalt
HOA Amenities:
Curbs, Street Lights, Restaurant, Sidewalks
Originating MLS:
nira
School District:
Hammond
County:
Lake

Lot

Zoning:
F. R. MOTT'S 2ND ADD. L.45 BL.1 L.46 BL.1, 45-03-30-183-030.000-023
View:
City, Neighborhood

Utilities

Utilities:
Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, 200+ Amp Service

Financial

Source:
nira

This listing courtesy of:
Advantage Realty Team, LLC, John Rupp

About Hammond, IN

Housing

Number of Units
27,425
Median Home Value
$99,003
Median Rent
$718

40.85% of housing units are renter occupied.

7.42% are vacant.

Commute

Car
83.38%
Public Transportation
3.07%
Walk to Work
1.80%
Work from Home
11.18%
Other
0.51%

The median travel time to work is 24 minutes.

People

Population
68,458
Median Age
34.50
Median Household Size
2.80

Education

High School
38.36%
Associate’s Degree
7.82%
Bachelor’s Degree
9.70%
Graduate Degree
4.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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