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$225,000
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Property Description
Great opportunity to own a turnkey bar/restaurant and well maintained apartment! This fully outfitted bar and restaurant is currently operated by a much beloved local business and has everything you need including a new refrigeration system as of 2021, new AC unit installed in the apartment in 2024, and the west wall was fully tuck pointed in 2024. The building is situated on a great corner lot with its own parking lot in a high traffic area. The open concept and ample square footage allows for it to be converted to virtually any type of business. The bright, open concept 3 bedroom 1 bathroom apartment upstairs also has long term, reliable tenants for additional income or you can work downstairs and live above. The price includes a 2-way liquor license, and almost all kitchen/bar equipment and inventory. This is a great package in a great and ever growing city!Tuck pointing done on west wall in 2024New AC unit installed in the upstairs apartment in 2024New multi-unit refrigeration installed in restaurant in 2021
Full Property Details
Full Property Details for 517 E Barker Ave
General
- Sold For: $225,000
- Taxes: $3,083 (2023)
- Status: Closed
- Type: Commercial
- Source: GNIAR
- MLS ID: 816434
- Added to Site: 329 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Open Floorplan
Location
- County: La Porte
- Township: Michigan
- Subdivision: Culver Add
- Driving Directions: Franklin Street North to Barker Avenue Left to property on the Right.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 2,600
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.1343
- Lot Size (Sq. Ft.): 5,850
- Lot Dimensions: 79.5 x 80
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $3,083
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 42-01-33-160-036 CULVER LOTS 6, 7 & 8 EX S 53 FT BLK 1
- Property ID: 460133160036000022
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Schools
Schools serving 517 E Barker Ave
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Marsh Elementary School, Michigan City, IN 400 East Homer Street, Michigan City, IN 46360 | K-6 | 0.1 mi |
Martin T Krueger Middle School 2001 Springland Avenue, Michigan City, IN 46360 | 7-8 | 2.1 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 E Barker Ave
Date
Details
Price
Change
Source
12/05/2025
Sold
$225,000
-10%
MLS
10/20/2025
Price Reduced
$250,000
-15.25%
MLS
8/15/2025
Price Reduced
$295,000
-6.35%
MLS
6/25/2025
Price Reduced
$315,000
-5.97%
MLS
5/13/2025
Price Reduced
$335,000
-2.9%
MLS
4/09/2025
Price Reduced
$345,000
-1.43%
MLS
2/22/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
517 E Barker Avenue, Michigan City, IN 46360 (MLS# 816434) is a Commercial property that was sold at $225,000 on December 05, 2025. This property was listed by The Huber Galloway Team from our Harbor Country Office.Want to learn more about 517 E Barker Avenue? Do you have questions about finding other Commercial 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.


