308 Liberty Street

Covington, IN 47932

$599,900
Price
Beds
6,769 Sq. Ft.
$89 / Sq. Ft.
6,769
Sq. Ft.
$89
per Sq. Ft.

Description

Amazing investment opportunity! After 18 years of ownership of this bar/restaurant the owners are moving, and this profitable thriving business is NOW AVAILABLE for new ownership! Owners are selling the 6,760 sq ft building located in the heart of Covington. Main floor is 4,129 sq ft of commercial space and upstairs has an additional 2,640 sq ft that has a gorgeous fully renovated living space with private entrance. The upstairs is a month to month lease presently RENTING for $2,000/ month. The upstairs...Amazing investment opportunity! After 18 years of ownership of this bar/restaurant the owners are moving, and this profitable thriving business is NOW AVAILABLE for new ownership! Owners are selling the 6,760 sq ft building located in the heart of Covington. Main floor is 4,129 sq ft of commercial space and upstairs has an additional 2,640 sq ft that has a gorgeous fully renovated living space with private entrance. The upstairs is a month to month lease presently RENTING for $2,000/ month. The upstairs residence boasts 3-bedroom, 3 full bathrooms. Open concept living space between kitchen and great room. Kitchen has loads of solid surface countertop space for cooking and entertaining. Serene PRIVATE ROOF TOP DECK off the great room. Bar is being sold fully furnished. A few of the items mentioned will include: 4 pool tables, All tables, chairs, and stools, 2 sets of washers and dryers, all appliances, walk-in cooler and freezers, 4 tap and 1 tap kegerator, under counter ice maker, video surveillance and more. Owners will also leave most upstairs furnishings with some reserves if buyer desires. Transferrable LIQUIOR LICENSE. Bar side Liquor sales information available upon request. Great opportunity with this one for your return on investment.
  1. Listed by Lori Paddock • Legacy Land & Homes of Indiana • lpaddock@legacylandco.com

Property Details for 308 Liberty Street

Township
Troy
Zoning
430

Location

Listing Courtesy of Legacy Land & Homes of Indiana
Add your commute
LISTING UPDATED: 03/29/2024 05:12 PM

Property Details for 308 Liberty Street

StatusActive
MLS #21969872
Days on Market43
Taxes$2,439 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1938
Lot Size0.13 AC / 5,662 SF
CountyFountain County

Location

Listing Courtesy of Legacy Land & Homes of Indiana
Add your commute

Building Information for 308 Liberty Street

Stories2Residences-Year Built1938Lot Size0.13 AC / 5,662 SF

Payment Calculator

$3,680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 Liberty Street

Summary
Location and General Information
  • City: Covington
  • County Or Parish: Fountain
  • Directions: GPS Friendly
  • Postal Code: 47932
  • Postal Code Plus4: 1243
  • Road Frontage Type: FrontageRd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 230635225092000016
  • Semi Annual Property Tax Amt: 2439
  • Tax Year: 2023
  • TaxLot: 23
School Information
  • Elementary School: Covington Elementary School
  • High School: Covington Community High School
  • Middle Or Junior School: Covington Middle School
  • School District: Covington Community School Corp
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Restaurant
  • Lot Size Square Feet: 5807.0
  • Lot Size Acres: 0.13
  • New Construction: False
  • Stories: 2
  • Space Available: 4129
  • Sq Ft Total: 6769.0
  • Year Built Numeric: 1938
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: 018-00218-00 Op W2/3 (Except 3' X 78' Swcor) 73 Mp B08-35-225-092A0
  • Photos Count: 64
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Road Surface Type: Concrete
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Septic System, Water Connected
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: Three Or More

Property History for 308 Liberty Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 Liberty Street

Taxable ValueLand$17,400Additions$264,000Total$281,400
Tax Record2022$4,877 ($406 / month)
Home Facts
Total Finished SqFt9,409 SqFtAbove Grade Finished SqFt9,409 SqFtStories3Lot Size5,807 SqFtStyleMiscellaneous CommercialYear Built1938CountyFOUNTAINAPN23-06-35-225-092.000-016

Schools near 308 Liberty Street

This home is within Covington Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Covington Elementary School
PublicPK to 5

Covington Middle School
Public6 to 8

Covington Community High School
Public9 to 12

Covington Christian School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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308 Liberty Street is a mixed use property for sale in Covington, IN 47932. This property was listed for sale on March 21, 2024 by Legacy Land & Homes of Indiana, it's currently listed at $599,900. This listing's school district is Covington Community Sch Corp. Nearby schools include Covington Elementary School, Covington Middle School and Covington Community High School. 308 Liberty Street is a 0-bed, 0-bath, 6,769 sqft mixed use property built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Land & Homes of Indiana

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.