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    3634 Central Ave Lake Station, IN 46405

    For Sale
    $550,000

    Business - Lake Station, IN

    Type:Business
    Property size:
    3,250 SF
    Lot size:
    0.08 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 3634 Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Security features
    Fire Alarm, Security Lighting, Security System, Smoke Detector(s)
    APN
    450916152021000021
    Parking features
    Paved or Surfaced
    Interior features
    Wet Bar
    Exterior features
    Security Lights
    Appliances
    Garbage Disposer, Microwave, Range, Refrigerator
    Size
    3,250 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1945
    Architectural style
    Other

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

    Listing agent Christine Coughlin (219) 462-5478 License #RB17000971

    Listing date Jul 28, 2025

    MLS# 820900 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 with Liquor License

    This is a turnkey restaurant opportunity located in Lake Station, Indiana. The sale includes all kitchen equipment, materials, furnishings, and a 3-way liquor license. The 3,250 square foot building features a remodeled kitchen, bathrooms, and signage. Outdoor seating is available in a pergola-covered area. The property is situated on a 0.078-acre lot. This property is suitable for owner-operators or investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Taco station Mexican Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Station
    County
    Lake
    State
    Indiana
    Longitude
    -87.239035
    Latitude
    41.574968

    Nearby Similar for Sale

    • $467,000
      4,325 SF

      Versatile Commercial Property For Sale

      Mixed-use property with restaurant, warehouse, and apartment near major highways.
      2401 Central Ave, Lake Station, IN 46405
      View Details
    • $200,000
      3,894 SF

      Turn-Key Pub and Grub Business

      Profitable pub and grub with licenses and living quarters.
      2808 Dekalb St, Lake Station, IN 46405
      View Details
    • $723,172
      10,920 SF

      Lake Station Retail Opportunity

      Retail property for sale in Lake Station, Indiana.
      2626 Central Ave, Lake Station, IN 46405
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped, remodeled restaurant with a 3-way liquor license.
    Where is this turn key restaurant located?
    The property is located at 3634 Central Ave Lake Station, IN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Turnkey Restaurant with all equipment, materials, and furnishings included.; - Includes a valuable 3-way liquor license.; - Fully renovated with remodeled kitchen, bathrooms, and signage.
    (219) 462-5478
    Request Owner's contact information
    3634 Central Ave Lake Station, IN 46405
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    Lake Station, IN 46405
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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
    3634 Central Ave Lake Station, IN 46405
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