Remodeled Restaurant with Liquor
For Sale
$350,000
3634 Central Avenue, Lake Station, IN 46405
Commercial Sale, Lake Station, IN
Property Size3,250 SF
Lot Size0.08 Acres
Price / SF$107.69
Days on Market481
Property Features for 3634 Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking
45
Parking features
Alley
Security features
Security Lighting
Interior features
Wet Bar
Basement
Walk-Out Access, Finished, Interior Entry, Storage Space, Crawl Space
Accessibility
Accessible Approach with Ramp
Appliances
Disposal, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave, Gas Range, Gas Cooktop, Freezer
Subdivision
Petersons Add 02
Directions
80/94 to N Ripley, right before light turn by Dunkin parking in back.
Standard status
Active
APN
450916152021000021
Size
3,250 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PETERSON'S 2ND ADD. E. GARY LOT 12 EXCEPT SO.3FT.
Tax Annual Amount
4403
Legal Description
PETERSON'S 2ND ADD. E. GARY LOT 12 EXCEPT SO.3FT.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1945
Listing Agency:
Listing Leaders
(219) 462-5478
Listed By:
Christine Coughlin · License #RB17000971
(219) 508-5555
Added: May 16, 2025
Changed: Sep 4
Last Checked: Sep 8 at 7:06PM
MLS# 820900
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This conventional restaurant property contains 3,250 square feet within a 0.078-acre site. Built in 1945, the building has undergone remodeling that includes the kitchen, bathrooms, and exterior signage. The sale includes kitchen equipment, furnishings, materials, stainless steel appliances, cooking equipment, refrigeration, and a wet bar. A pergola provides covered outdoor seating, while an accessible approach with ramp serves the property.
The property is located at 3634 Central Avenue in Lake Station, Indiana 46405. Public water and public sewer are available, and natural gas provides heat. Parking access is identified from the alley, and the building includes a basement. A 3-way liquor license is included with the sale.
The property is located at 3634 Central Avenue in Lake Station, Indiana 46405. Public water and public sewer are available, and natural gas provides heat. Parking access is identified from the alley, and the building includes a basement. A 3-way liquor license is included with the sale.
Key Highlights
- 3,250‑square‑foot restaurant on a 0.078‑acre site
- 3‑way liquor license included with the sale
- Remodeled kitchen, bathrooms, and exterior signage
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 27%
Electronics 1%
Road Ranger
Shops & Services
16,455 visits/mo
0.3 miles
Wendy's
Dining
15,058 visits/mo
0.1 miles
Dunkin' Donuts
Dining
12,902 visits/mo
0.0 miles
Burger King
Dining
10,110 visits/mo
0.2 miles
Long John Silver's
Dining
3,645 visits/mo
0.1 miles
Demographics for 46405, IN
11,860
Population
4,566
Households
2.6
Avg Household Size
37
Median Age
10%
College-Educated
80%
High-School Grad
9.0 sq mi
ZIP Area
1,318
Density / Sq Mi
$57,005
Median Household Income
$34,058
Median Earnings
$1,136
Median Rent
$123,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant space with an updated kitchen, outdoor seating, and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 3634 Central Avenue Lake Station, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,250‑square‑foot restaurant on a 0.078‑acre site; 3‑way liquor license included with the sale; Remodeled kitchen, bathrooms, and exterior signage
