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    Lake Station, IN
    Conventional Restaurant

    Lake Station, IN Conventional Restaurants for Sale

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    Hammond, IN Griffith, IN Hobart, IN Highland, IN East Chicago, IN Schererville, IN Crown Point, IN Portage, IN
    6 properties
    Two-Story Mixed-Use Property
    Updated: Jul 24
    Two-Story Mixed-Use Property

    2439 W 15th Avenue, Gary, IN 46404

    $225,000
    3,387 sqft 0.07 AC lot
    3,387‑square‑foot two‑story mixed‑use building
    First‑floor commercial space configured for a restaurant and bar
    Second‑floor apartment with private entrance, multiple bedrooms, kitchen, and full bathroom
    0.068‑acre lot at 2439 W 15th Avenue, Gary, IN 46404
    Off‑street, on‑street, and garage parking
    View details
    Remodeled Restaurant with Liquor License
    Updated: May 16, 2025
    Remodeled Restaurant with Liquor License

    3634 Central Avenue, Lake Station, IN 46405

    $350,000
    3,250 sqft 0.08 AC lot
    3,250‑square‑foot restaurant on a 0.078‑acre site
    3‑way liquor license included with the sale
    Remodeled kitchen, bathrooms, and exterior signage
    Kitchen equipment, furnishings, materials, and appliances included
    Pergola‑covered outdoor seating area
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    Corner Shopping Center with Restaurant Space
    Corner Shopping Center with Restaurant Space

    2101 Carolina St, Gary, IN 46407

    $350,000
    7,125 sqft

    Multi-tenant corner center includes occupied grocery space and a restaurant area with commercial kitchen equipment.

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    See hot listings in Lake Station

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Bar with Owner Apartment
    Bar with Owner Apartment

    2808 Dekalb St, Lake Station, IN 46405

    $200,000
    3,894 sqft

    Includes liquor, gaming, and tobacco licenses with kitchen equipment, furnishings, and a separate one-bedroom apartment.

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    Remodeled Restaurant with Liquor License
    Remodeled Restaurant with Liquor License

    3634 Central Ave, Lake Station, IN 46405

    $350,000
    3,250 sqft

    Fully equipped operation includes furnishings and pergola-covered outdoor seating.

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    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.

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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 10 Potential Opportunities for your consideration. Besides 6 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.

    Bar and Pub with Patio
    Bar and Pub with Patio

    2385 Willowcreek Road, Portage, IN 46368

    $2,100,000
    7,566 sqft 1.38 AC lot

    Operating business sale includes fixtures, a 3-way liquor license, walk-in cooler, and indoor-outdoor bar access.

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    Commercial Land
    Commercial Land

    5016 Us Highway 20, Portage, IN 46368

    $2,000,000
    408 sqft

    A signalized approach and regional-road connections serve this nearly two-acre commercial parcel.

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    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.

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    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

    Lake Station, IN Conventional Restaurants Market Trends and Statistics

    Explore 6 conventional restaurants for sale in Lake Station, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 24,293 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for conventional restaurants in Lake Station, IN start at $200,000, averaging $283,333, 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 3
    Bars & Pubs 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 $300K

    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)

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