Conventional Restaurant

Lake Station, IN Conventional Restaurants for Sale

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Griffith, IN Hammond, IN Highland, IN
Turnkey Restaurant with Liquor License
Updated: May 16, 2025
Turnkey Restaurant with Liquor License

3634 Central Avenue, Lake Station, IN 46405

$350,000
3,250 sqft · 0.08 AC lot
Turnkey Restaurant with Valuable 3‑Way Liquor License
Fully Equipped and Newly Remodeled Kitchen and Interior
Prime Location
Includes All Furnishings and Materials
Welcoming Pergola‑Covered Outdoor Seating Area
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Single-Tenant Cracker Barrel Investment Opportunity
Updated: Aug 19, 2025
Single-Tenant Cracker Barrel Investment Opportunity

6200 Opportunity Ln, Merrillville, IN

Contact for pricing
8,327 sqft · 3.04 AC lot
Absolute NNN lease with 15 years remaining and 1% annual rent increases.
Strong $4.6M annual sales at this Cracker Barrel location with a healthy 4.25% rent‑to‑sales ratio.
Strategic I‑65 positioning with high traffic volume (115,000+ VPD) and proximity to Chicago (30 miles).
Located in a thriving market experiencing a $1B+ data center boom with major tech company investments.
Zero landlord obligations.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Station, 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 Downtown Building
Mixed-Use Downtown Building

13 Lincolnway, Valparaiso, IN 46383

$949,900
10,086 sqft · 0.07 AC lot

Multi-tenant building with an active ground-floor restaurant and office suites across three levels.

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Turnkey Brewery and Restaurant Space
Turnkey Brewery and Restaurant Space

1409 119th St, Whiting, IN

$550,000
5,920 sqft · 0.14 AC lot

Two-story building with brewery, restaurant, and redevelopment potential.

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Downtown Valparaiso Multi-Tenant Commercial Property
Downtown Valparaiso Multi-Tenant Commercial Property

13 Lincolnway, Valparaiso, IN 46383

$1,100,000

Prime location with restaurant and office suites, high occupancy.

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Established Restaurant with Party Room
Established Restaurant with Party Room

1326 119th St, Whiting, IN 46394

$1,099,999
23,390 sqft

Spacious restaurant with party room, bar, and office space.

View details

Lake Station, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Lake Station, IN on our real estate platform. These investment opportunities span a total of 3,250 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for conventional restaurants in Lake Station, IN start at $350,000, averaging $350,000, and reaching up to $350,000 — 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

Conventional restaurants 1
Pubs 1
Turn key restaurants 1

Demographics Overview

Population 12K
Population Growth (5Y) +0.5%
Median Household Income $57,005
College Educated 13.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46405 $350K

Taxes & Financing

Tax Rate (average for all types) 4.46%
Property Tax per SF $72.47 per SF
Tax Rate vs County Average 1.39 pp above 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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