Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1209 Sheffield Ave Dyer, IN 46311

    For Sale
    $910,000

    Business - Dyer, IN

    Type:Business
    Property size:
    3,970 SF
    Lot size:
    0.68 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1209 Sheffield Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Security features
    Fire Alarm, Security Lighting, Security System
    APN
    451001451007000034
    Parking features
    Paved or Surfaced
    Interior features
    Ceiling Fan(s), Recessed Lighting, High Ceilings, Entrance Foyer
    Exterior features
    Paved, Lighting, Storage, Security Lights
    Size
    3,970 SF
    Lot size
    0.68 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1962
    Architectural style
    Other
    Additional Structures
    Storage

    Listing Leaders (219) 299-7117 [email protected]

    Listing agent Nikola Trajceski (219) 462-5478 License #RB19001195

    Listing date Sep 10, 2025

    MLS# 812823 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant/Bar in Dyer, IN

    This 3,970 square-foot restaurant/bar is located in Dyer, IN, and offers an investment opportunity for new business owners. The property includes a 3-way liquor license and is situated in a well-maintained brick building. Key features include ample parking, an outdoor seating area, and a secluded bar with a separate entrance suitable for private events. The property is located near other businesses, shopping, and I-94, with an average daily traffic count of 7,995 in 2023. The 0.684-acre lot is zoned to allow for retail, service, recreational, office, and light industrial uses. This location is suitable for taking over an established restaurant/bar or launching a new business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John's Pizzeria Pizza Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    DOC's Smokehouse Dyer, Sheffield's Restaurant

    Location Insight

    • Map
    • Local Demand
    City
    Dyer
    County
    Lake
    State
    Indiana
    Longitude
    -87.518455
    Latitude
    41.509706

    Nearby Similar for Sale

    • $385,000
      1,669 SF

      Updated Duplex Near Commuter Train

      Updated 1669 sq ft duplex near the new train station.
      507 Seminary Dr, Dyer, IN 46311
      View Details
    • $3,600,000
      42,165 SF

      Spacious Commercial Building in Dyer

      42,165 SF building on 2.85 acres in Dyer, Indiana.
      14914 W 101St Ave, Dyer, IN 46311
      View Details
    • $267,999

      Sandridge Courtyards Townhome

      Well-maintained, move-in ready 2 bed, 2.5 bath townhome.
      2265 Sandcastle Dr, Dyer, IN 46311
      View Details
    • $237,500

      Stylish Townhouse in Rockwell Subdivision

      Two-bedroom townhouse with modern amenities and convenient location.
      1739 Autumn Ct, Dyer, IN 46311
      View Details
    • $884,850
      0.60 Acres

      Dyer, IN Restaurant & Bar for Sale

      Turnkey Restaurant/Bar, High Traffic Area
      1209 Sheffield Ave, Dyer, IN 46311
      View Details
    • $399,900
      0.60 Acres

      Dyer Office Building - Great Location!

      Fully renovated, versatile commercial space. Ideal for various businesses.
      1203 Sheffield Ave, Dyer, IN 46311
      View Details

    FAQs

    What type of property is this?
    Bar - Turnkey restaurant/bar with 3-way liquor license in Dyer, Indiana.
    Where is this bar located?
    The property is located at 1209 Sheffield Ave Dyer, IN.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: - Turnkey restaurant/bar opportunity in a prime Dyer, IN location.; - Includes a highly sought-after 3-way liquor license.; - High traffic location with 7,995 average daily traffic count (2023).
    (219) 462-5478
    Request Owner's contact information
    1209 Sheffield Ave Dyer, IN 46311
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1209 Sheffield Ave
    Dyer, IN 46311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1209 Sheffield Ave Dyer, IN 46311
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.