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    1209 Sheffield Ave Dyer, IN 46311

    For Lease
    $8,270 /Mo ($25 SF/Yr)

    Retail - Dyer, IN

    Type:Retail
    Property size:
    3,970 SF
    Lot size:
    0.68 Acres
    Days on Market:
    271
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1209 Sheffield Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Fire Alarm, Security Lighting, Security System, Smoke Detector(s)
    APN
    451001451007000034
    Parking features
    Paved or Surfaced
    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 Mar 10, 2025

    MLS# 817203 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 is an opportunity to lease a 3,970 square foot turnkey restaurant and bar in Dyer, Indiana. The well-maintained brick building features a desirable layout, including a spacious dining area, a separate bar with its own entrance suitable for private events, and an outdoor seating space. The property includes a 3-way liquor license. The location benefits from high visibility and curb appeal, with an average daily traffic count of 7,995 in 2023. Ample parking is available. The zoning allows for retail, service, office, and light industrial uses. The property is located near other businesses, shopping centers, and is minutes from Illinois and I-94. The lot size is 0.684 acres.
    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

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    FAQs

    What type of property is this?
    Bar - 4,000 sqft restaurant/bar with 3-way liquor license for lease.
    Where is this bar located?
    The property is located at 1209 Sheffield Ave Dyer, IN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey 4,000 sqft restaurant/bar with a 3-way liquor license.; - High-traffic location in Dyer, IN, with 7,995 average daily traffic count (2023).; - Desirable layout: spacious dining area, separate bar with entrance, and outdoor seating.
    (219) 462-5478
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    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
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