3447 45th Street, Highland, IN 46322

$750,000
Property Type: Commercial Sale Square Footage: 5,374 Lot Size (sq. ft.): 26,528 Status: Active
Current Price: $750,000 List Date: 1/29/2026 Last Modified: 1/29/2026

Overview

Description

The former Monty's Bar has been fully gutted and is ready to be restored to its former glory. Attached to the main shell space is a commercial garage that connects directly to a 3-bedroom, 3-bath residence with a partially finished basement. This versatile property offers multiple paths for owner-operators or cash-flow investors alike. A liquor license is included in the sale, adding immediate value and flexibility to future use.

Listing Details MLS# 833377

General Property Information

Number Of Units Total
2
Living Area
5374
Building Area Source
Appraiser
Year Built
1967
Parking Total
15
Lot Size Acres
0.609
Lot Size Square Feet
26528
Lot Size Source
Appraiser
Waterfront YN
No
Basement YN
Yes

Property Features

Basement: Partially Finished Building Features: Business District Location; Mixed Use; Multi Tenant Business Type: Bar/Tavern/Lounge; Mixed; Professional/Office Construction Materials: Brick Cooling: Ceiling Fan(s); Central Air Current Use: Commercial Electric: 200+ Amp Service Heating: Baseboard Listing Terms: Cash; Conventional Owner Pays: All Utilities Parking Features: Asphalt Possession: Close Of Escrow Rail Availability: None Roof: Asphalt; Shingle Sewer: Public Sewer Special Licenses: Beer/Wine; Liquor Special Listing Conditions: None Tenant Pays: None Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected View: Park/Greenbelt Water Source: Public

Contract Information

Auction YN
No
Original List Price
750000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Owner Name
Highland Trailside Bar LLC
Occupant Type
Vacant

Location Tax and Legal

Street Number
3447
Street Name
45th
Street Suffix
Street
County
Lake
State
IN
Postal Code
46322

Remarks and Miscellaneous

Public Remarks
The former Monty's Bar has been fully gutted and is ready to be restored to its former glory. Attached to the main shell space is a commercial garage that connects directly to a 3-bedroom, 3-bath residence with a partially finished basement. This versatile property offers multiple paths for owner-operators or cash-flow investors alike. A liquor license is included in the sale, adding immediate value and flexibility to future use.

Status Change Information

Major Change Timestamp
2026-01-29T23:32:30Z
Major Change Type
New Listing
Status Change Timestamp
2026-01-29

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
LA : Anthony Christopher 708-715-6193

Location, Tax, and Legal

Tax Annual Amount
6458
Tax Year
2024
Tax Legal Description
PT SW S.27 T.36 R.9 .609 A. 240.57X79.24X177.28X174.37 FT.
Parcel Number
450727377009000026
Township
North
Directions
Heading East from Kennedy building is on your left hand side before Bike path
Census Tract
408.02

Basement

Partially Finished
Yes

Construction Materials

Brick
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Electric

200+ Amp Service
Yes

Heating

Baseboard
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Asphalt
Yes

Possession

Close Of Escrow
Yes

Roof

Asphalt
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes

View

City
Yes
Park/Greenbelt
Yes

Water Source

Public
Yes

Owner Pays

All Utilities
Yes

Tenant Pays

None
Yes

Current Use

Commercial
Yes

Building Features

Business District Location
Yes
Mixed Use
Yes
Multi Tenant
Yes

Business Type

Bar/Tavern/Lounge
Yes
Mixed
Yes
Professional/Office
Yes

Rail Availability

None
Yes

Special Licenses

Beer/Wine
Yes
Liquor
Yes
Listing Office: McColly Real Estate
Last Updated: January - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.