Conventional Restaurant

Schererville, IN Conventional Restaurants for Sale

Notify Me
List
Map
St John, IN Griffith, IN Crown Point, IN Saint John, IN Merrillville, IN Highland, IN Munster, IN Lynwood, IL
Fully Built Out Restaurant with Full Bar
Updated: May 29
Fully Built Out Restaurant with Full Bar

48 E JOLIET ST, Schererville, IN 46375

Contact for pricing
7,038 sqft
3,000 SF fully built out restaurant with full bar
3‑way liquor license
950 SF remodeled dining room completed in 2024
Newly remodeled 3‑bedroom, 1‑bath apartment above restaurant with tenant
25+ parking spots, recently resealed
View details
Restaurant Building with Apartment
Updated: May 14
Restaurant Building with Apartment

48 E Joliet St, Schererville, IN 46375

Contact for pricing
7,038 sqft
Total building size 7,038 SF (restaurant 3,000 SF on the main floor) with a full bar
3‑way liquor license included
Dining room newly remodeled in 2024 (950 SF remodeled dining room)
Upstairs includes newly remodeled 3 bed/1 bath apartment with a tenant in place
Full basement provides storage for the restaurant
View details
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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Schererville, 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.

Restaurant with Wet Bar
Restaurant with Wet Bar

6247 Kennedy Avenue, Hammond, IN 46323

$1,500,000
4,366 sqft 0.62 AC lot

0.62-acre restaurant property with a wet bar, two on-site tenants, forced-air heating, and public water and sewer.

View details
Dyer Commercial Building For Sale
Dyer Commercial Building For Sale

1209 Sheffield Avenue, Dyer, IN 46311

$699,900
3,970 sqft 0.68 AC lot

Turnkey restaurant/bar on 0.68 acres with high traffic volume.

View details
Dyer Commercial Building on Sheffield
Dyer Commercial Building on Sheffield

1209 Sheffield Avenue, Dyer, IN 46311

$744,900
3,970 sqft 0.68 AC lot

Versatile commercial building suitable for various business uses.

View details
Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

6824 Calumet Ave, Hammond, IN 46324

$349,900

Mixed-use building combines a restaurant space and office area on a small commercial lot with strong street visibility.

View details

Schererville, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Schererville, IN on our real estate platform. These investment opportunities span a total of 14,076 square feet of properties for sale.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 2
Coffee shops 1
Drive through restaurants 1

Demographics Overview

Population 24K
Population Growth (5Y) +2.3%
Median Household Income $89,646
College Educated 46.5%

Taxes & Financing

Tax Rate (average for all types) 1.72%
Property Tax per SF $22.20 per SF
Tax Rate vs County Average 1.34 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

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings