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, drinks, 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. 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.
Corner of Main and Meridian (State Road 1) in Redkey. Park in parking lot behind the building.
| MLS # | 202619853 |
|---|---|
| Date Listed | 2026-05-23 |
| Status | Active |
| Property Type | Commercial |
| Property SubType | Restaurant/Bar |
| New Construction | No |
| Type | Restaurant/Bar |
| Basement | Yes |
| Annual Taxes | $2,762.12 |
| Year Taxes Payable | 2026 |
| Year Built | 1899 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 136 |
| Homestead Year | No |
| Den | 2 × 12810 | Level |
| Master Bedroom | 10000 × 154 | Level |
| 2nd Bedroom | 1200 × | Level |
| 3rd Bedroom | 7 × 2 | Level |
| 4th Bedroom | 1 × | Level |
| Construction | Restaurant/Bar |
|---|---|
| Lot Size | 25,265 sq ft |
| Acreage | 0.58 Acres |
| Lot Dimensions | 110X95, 85X118, 46X104 |
| Fence | None |
| Area | Jay County |
|---|---|
| County | Jay |
| Subdivision | None |
| Township | Richland |
| City | Redkey |
| State | IN |
| Zip | 47373 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202619853
Listing Provided Courtesy of Mark Leavell
Leavell Real Estate
Listing updated May 23, 2026 at 10:45 pm
Last checked 9 minutes ago
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