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    Portage, IN
    Conventional Restaurant

    Portage, IN Conventional Restaurants for Sale

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    Valparaiso, IN Lake Station, IN Burns Harbor, IN Chesterton, IN New Chicago, IN Porter, IN Dune Acres, IN Glen Carbon, IL
    Bar and Restaurant with Outdoor Patio
    Updated: Jun 12
    Bar and Restaurant with Outdoor Patio

    2385 Willowcreek Road, Portage, IN 46368

    $2,100,000
    7,566 sqft 1.38 AC lot
    3‑way liquor license included with the sale
    7,566 SF bar/restaurant building with nearly 1,700 SF of rentable space
    Roll‑up garage door windows open to an outdoor patio for indoor‑outdoor service
    Paved parking lot with 60 spaces
    Large walk‑in cooler
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    This listing looks promising.

    Here's a quick look at some key insights for

    2385 Willowcreek Road, Portage, IN 46368

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $148K
      Annual

    • Mortgage

      $343K
      Jun 2017

    • Property Type

      Retail Stores
      Built 1980
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    Remodeled Restaurant Building
    Updated: Apr 10
    Remodeled Restaurant Building

    2554-2556 Portage Mall, Portage, IN 46368

    Contact for pricing
    Completely remodeled restaurant building for sale at 2554‑2556 Portage Mall in Portage, Indiana.
    Remodeled in 2017 with upgrades including a new roof and new on‑demand hot water heater.
    2017 improvements also included hood, range, dishwasher, flooring, drop ceiling, and tuck pointing.
    Price includes building plus printer tenant and included restaurant fixtures, furniture, and most of the equipment.
    Includes a generator as part of the 2017 remodel package.
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    Wet Slip Marina and Yacht Club
    Wet Slip Marina and Yacht Club

    6159 S Dune Harbor Dr, Portage, IN 46368

    Contact for pricing
    65.00 AC lot

    Marina Shores at Dune Harbor offers a 271-wet-slip marina plus a two-story yacht club and event center.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Portage, 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.

    Turnkey Restaurant with Liquor License
    Turnkey Restaurant with Liquor License

    3634 Central Avenue, Lake Station, IN 46405

    $350,000
    3,250 sqft 0.08 AC lot

    Turnkey, fully equipped restaurant with a newly remodeled interior, wet bar, pergola-covered outdoor seating, and a 3-way liquor license.

    View details
    Turn-Key Restaurant Bistro
    Turn-Key Restaurant Bistro

    54 Main St, Hobart, IN 46342

    Contact for pricing

    Fully furnished bistro with scenic outdoor dining and river-front views, plus upstairs living space.

    View details
    Restaurant and Bar with Paved Parking
    Restaurant and Bar with Paved Parking

    1233 Central Ave, Lake Station, IN 46405

    Contact for pricing

    Turnkey bar and grill with remodeled interior, rubber roof, two A/C units, and rear paved parking area.

    View details
    Former Restaurant with High Visibility
    Former Restaurant with High Visibility

    3700 Montgomery St, Hobart, IN 46342

    Contact for pricing
    4,753 sqft

    Former restaurant with large parking lot and available liquor license.

    View details

    Portage, IN Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Portage, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,566 square feet of properties for sale, with an estimated market value of $2,100,000.

    Sale prices for conventional restaurants in Portage, IN average $2,100,000 — 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 4
    Bars & Pubs 2

    Demographics Overview

    Population 40K
    Population Growth (5Y) +3.9%
    Median Household Income $72,638
    College Educated 22.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46368 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $55.69 per SF
    Tax Rate vs County Average 0.33 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Porter County

    New Delisted

    Total CRE Inventory on Market (SF)

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