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    Dyer, IN
    Conventional Restaurant

    Dyer, IN Conventional Restaurants for Sale

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    Lynwood, IL Schererville, IN Munster, IN Saint John, IN Crete, IL Lansing, IL Highland, IN Griffith, IN
    Brick Restaurant Building with Bar
    Updated: Nov 11, 2024
    Brick Restaurant Building with Bar

    1209 Sheffield Avenue, Dyer, IN 46311

    $649,900
    3,970 sqft 0.68 AC lot
    3,970 SF brick restaurant building on 0.684 acres
    Private bar area with its own entrance
    Approximately 7,995 vehicles per day on Sheffield Avenue
    Paved and overflow parking areas on site
    High ceilings, recessed lighting, ceiling fans, and storage
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Dyer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Restaurant Property
    Mixed-Use Restaurant Property

    7003 Kennedy Avenue, Hammond, IN 46323

    $289,000
    2,270 sqft 0.14 AC lot

    Restaurant operations, a residential unit, commercial kitchen, and off-street parking occupy this flexible mixed-use property.

    View details
    Renovated Restaurant with Event Patio
    Renovated Restaurant with Event Patio

    840 S Broad Street, Griffith, IN 46319

    $999,970
    5,564 sqft 1.60 AC lot

    Restaurant and private-event venue with updated building systems and outdoor gathering space.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    6824 Calumet Avenue, Hammond, IN 46324

    Contact for pricing
    3,483 sqft 0.12 AC lot

    Two commercial units include a leased restaurant and flexible office space.

    View details
    Fully Equipped Restaurant Property
    Fully Equipped Restaurant Property

    213 N Broad Street, Griffith, IN 46319

    Contact for pricing

    Includes a commercial kitchen, bar fixtures, walk-in cooler, dining furnishings, and restaurant service equipment.

    View details

    Dyer, IN Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Dyer, IN on our real estate platform. These investment opportunities span a total of 3,970 square feet of properties for sale, with an estimated market value of $649,900.

    Sale prices for conventional restaurants in Dyer, IN average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 4
    Drive through restaurants 2
    Turn key restaurants 2
    Conventional restaurants 1
    Pubs 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +8.2%
    Median Household Income $109,167
    College Educated 50.9%

    High-Yield Neighborhoods for Investment

    Identify Dyer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46311 $699.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.02%
    Property Tax per SF $27.54 per SF
    Tax Rate vs County Average 1.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

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