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    Griffith, IN
    Conventional Restaurant

    Griffith, IN Conventional Restaurants for Sale

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    Highland, IN Gary, IN Schererville, IN Hammond, IN Crown Point, IN Saint John, IN St John, IN Hobart, IN
    Renovated Restaurant with Event Patio
    Updated: Dec 12, 2024
    Renovated Restaurant with Event Patio

    840 S Broad Street, Griffith, IN 46319

    $999,970
    5,564 sqft 1.60 AC lot
    5,564‑square‑foot restaurant on 1.6 acres
    2,000‑square‑foot outdoor patio surrounded by greenery and woods
    Renovated plumbing, electrical, bathrooms, flooring, windows, doors, and HVAC systems
    Private party room and stage area for events and entertainment
    20 beer lines, two walk‑in coolers, and a walk‑in freezer
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    Fully Equipped Restaurant Property
    Updated: Sep 8
    Fully Equipped Restaurant Property

    213 N Broad Street, Griffith, IN 46319

    Contact for pricing
    32‑foot granite bar with stools, tables, televisions, glassware, and a 4‑keg beer system
    Kitchen includes a fish oven, bread/pizza oven, deep fryer, 3 grills, 2 ovens, and condiment station
    Walk‑in cooler, additional refrigerators, and commercial dishwasher included
    6 handicapped bathrooms
    Seller offers a 60‑day consulting period
    View details
    See hot listings in Griffith

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Griffith, 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
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    7003 Kennedy Ave, Hammond, IN 46323

    $289,000
    2,270 sqft

    Front restaurant space includes a commercial kitchen, office, POS system, and two operating businesses.

    View details
    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    2439 W 15th Avenue, Gary, IN 46404

    $225,000
    3,387 sqft 0.07 AC lot

    Commercial restaurant and bar space occupies the first floor, with a separate residential unit above.

    View details
    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    2439 W 15th Ave, Gary, IN 46404

    $225,000
    3,387 sqft

    Commercial restaurant space occupies the ground floor, with a private-entry residential unit above.

    View details

    Griffith, IN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Griffith, IN on our real estate platform. These investment opportunities span a total of 5,564 square feet of properties for sale, with an estimated market value of $999,970.

    Sale prices for conventional restaurants in Griffith, IN average $999,970 — 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 2
    Conventional restaurants 2
    Turn key restaurants 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) -0.6%
    Median Household Income $75,976
    College Educated 32.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46319 $1000K

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $34.73 per SF
    Tax Rate vs County Average 0.37 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)

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    Most Searched ZIP Codes in Griffith, IN

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