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2325 Wabash Street, Michigan City, IN 46360
$699,000
2325 Wabash Street, Michigan City, IN 46360View this property at 2325 Wabash Street, Michigan City, IN 46360
2325 Wabash StreetMichigan CityIN46360
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Property Description
Welcome to a unique opportunity to own a piece of Michigan City's history with Chappy's Stadium INN, an iconic bar and beloved establishment rooted in tradition and community. Nestled in the heart of this vibrant city, this mixed-use property offers more than just a place to grab a drink or a bite to eat; it's a cornerstone of the community, steeped in nostalgia and tradition. It encapsulates a heritage of hospitality and charm complete with the cherished business itself and boasting two, beautiful 3-bedroom income-generating residential units adding revenue potential and investment flexibility. From the well-stocked bar to the fully equipped kitchen, all the assets you need to continue this storied establishment is included in the sale that has contributed to its enduring success. Whether it's the bustling atmosphere of the bar or the comforting aroma of homestyle cooking, the Stadium INN holds a special place in the hearts of all who enter. Don't miss your chance to own this legacy and write the next chapter of this celebrated establishment.
Full Property Details
Full Property Details for 2325 Wabash St
General
- Price: $699,000
- Taxes: $4,533 (2022)
- Status: Active
- Type: Business
- MLS ID: 800913
- Updated: 3/17/2024
- Added to Site: 44 day(s) ago
Interior
- Interior Features: Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Storage, Walk-In Closet(s), Wet Bar
- Appliances: Bar Fridge, Free-Standing Refrigerator, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Water Heater
Exterior
- Exterior Features: Awning(s)
Parking
- Parking Features: Additional Parking, Garage Faces Rear, Gravel, Off Site, Open, Parking Lot, Unpaved
Location
- County: La Porte
- Township: Michigan
- Subdivision: Gallaher & Wainwrights Add
- Driving Directions: North on Franklin St, turn left onto Arthur St., head Corner of Wabash & Arthure St.
School Information
- High School District: Michigan City
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 4,533
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.287
- Lot Size (Sq. Ft.): 12,501.72
- Lot Dimensions: SEE LEGAL
- Lot Features: Landscaped
- Zoning: Residential
Financial Considerations
- Tax Amount: $4,533
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: 42-01-32-428-007 G & W LT 12 BLK 2.
- Property ID: 46-01-32-428-007.000-022
Listed by @properties/Christie's Intl RE
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Schools
Schools serving 2325 Wabash St
School District:Michigan City Area Schools
Rating | Name | Grades | Distance |
---|---|---|---|
321 Bolka Ave, Michigan City, IN 46360 | PK-5 | 0.6 mi | |
319 Barker Rd, Michigan City, IN 46360 | 6-8 | 1.2 mi | |
8466 W Pahs Rd, Michigan City, IN 46360 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2325 Wabash St
Date
Details
Price
Change
Source
3/16/2024
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2325 Wabash St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,419
-1%
$144,900
-3%
2022
$4,461
8%
$148,700
10%
2020
$4,131
—
$135,300
—
2019
$4,131
3%
$135,300
2%
2018
$4,014
2%
$132,200
—
2017
$3,939
-10%
$132,200
1%
2016
$4,365
—
$131,300
-2%
2015
$4,365
—
$134,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2325 Wabash St
2325 Wabash Street, Michigan City, IN 46360 (MLS# 800913) is a Business property. 2325 Wabash Street is currently listed for $699,000 and was received on March 16, 2024. Want to learn more about 2325 Wabash Street? Do you have questions about finding other Business real estate for sale in Michigan City? You can browse all Michigan City real estate or contact a Coldwell Banker agent to request more information.