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    Gary, IN
    Drive-through

    Gary, IN Drive Through Restaurants for Sale

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    Retail Strip Center with Drive-Thru
    Updated: Jul 3
    Retail Strip Center with Drive-Thru

    399 E 81st Ave, Merrillville, IN 46410

    $6,270,000
    18,215 sqft 1.64 AC lot
    Century Plaza is a 100% fee simple interest retail strip center in Merrillville, IN, built in 2003.
    18,215 SF retail center on approximately 1.64 acres, currently 100% occupied.
    Anchored by Panera Bread with a dedicated drive‑thru.
    Tenant roster includes nationally recognized brands such as Qdoba and Plato's Closet.
    Located at the intersection of East Lincoln Highway and Broadway with combined traffic count over 87,000 vehicles per day.
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    This listing looks promising.

    Here's a quick look at some key insights for

    399 E 81st Ave, Merrillville, IN 46410

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $356K
      Annual

    • Price @ 7% Cap

      $5.08M
      Suggested
    View Property Analytics
    Restaurant with Drive-Thru Window
    Updated: Nov 25, 2025
    Restaurant with Drive-Thru Window

    1441 E 82nd Ave, Merrillville, IN

    Contact for pricing
    3,298 sqft 1.12 AC lot
    High Traffic Location: Over 20,000 cars per day on Mississippi St.
    Drive‑Thru Window: Equipped with a drive‑thru for customer convenience.
    High Visibility: Visible from US 30 & I‑65.
    Repurposing Opportunity: Potential to repurpose the location for various business models.
    Proximity to Amenities: Near hotels and restaurants.
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    Former Restaurant Space Available
    Former Restaurant Space Available

    1441 e 82nd Ave, Merrillville, IN 46410

    Contact for pricing

    Restaurant space with drive-thru, high visibility, repurposing opportunity.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Smoothie King For Lease
    Smoothie King For Lease

    151 Newporte Blvd, La Porte, IN

    $2,261,000
    1,375 sqft 0.67 AC lot

    1,375 SF Smoothie King with double drive-thru in LaPorte.

    View details
    Chicago Heights Retail Opportunity
    Chicago Heights Retail Opportunity

    11 E 14th St, Chicago Heights, IL

    $750,000
    10,200 sqft 1.49 AC lot

    Retail property with drive-thru and high traffic visibility.

    View details
    Drive-Thru Restaurant For Sale
    Drive-Thru Restaurant For Sale

    150 Pine Lake Avenue, La Porte, IN

    $2,999,000
    14,015 sqft 1.20 AC lot

    15-year absolute net lease, new construction, near major highway.

    View details
    Commercial Corner Ready for Development
    Commercial Corner Ready for Development

    Chicago Heights, IL 60411

    $350,000
    4.00 AC lot

    4 acres commercial corner lot, excellent development opportunity.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Land Ready For Development
    Vacant Land Ready For Development

    21587 Lincoln Highway, Lynwood, IL 60411

    $260,000

    Cleared land zoned B-3 with multiple development opportunities.

    View details
    2.91 Acres Corner Location
    2.91 Acres Corner Location

    Lot 1 West Stuenkel Road, University Park, IL 60484

    Contact for pricing
    2.91 AC lot

    2.91 acres in Will County, corner location, industrial park.

    View details
    Chicago Development Site For Sale
    Chicago Development Site For Sale

    10806 South Doty Avenue, Chicago, IL 60628

    $850,000
    1.51 AC lot

    1.51-acre development site with high visibility and access.

    View details
    Commercial Corner Lot in Midlothian
    Commercial Corner Lot in Midlothian

    4031 147th Street, Midlothian, IL 60445

    $119,900

    Prime commercial land in a high-traffic business district.

    View details

    Gary, IN Drive Through Restaurants Market Trends and Statistics

    Explore 3 drive through restaurants for sale in Gary, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 18,215 square feet of properties for sale, with an estimated market value of $6,270,000.

    Sale prices for drive-thru businesses in Gary, IN start at $6,270,000, averaging $6,270,000, and reaching up to $6,270,000 — 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

    Drive through restaurants 4
    Bars & Pubs 3
    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 124K
    Population Growth (5Y) -7.7%
    Median Household Income $47,747
    College Educated 15.8%

    Taxes & Financing

    Tax Rate (average for all types) 7.93%
    Property Tax per SF $79.79 per SF
    Tax Rate vs County Average 6.93 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

    Retail

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