Turn-Key Pizzeria
399 Clark Street Lowell, IN 46356
399 Clark Street, Lowell, IN, 46356
$329,900
Pending
For Sale
$329,900
Pending
SINGLE_FAMILY - Lowell, IN
Property Size486 SF
Lot Size0.48 Acres
Days on Market99
Property Features for 399 Clark Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Basement
- Parking
- 12
- Basement
- Finished, Partially Finished
- Standard status
- Pending
- APN
- 451923331001000008
- Size
- 486 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT. SW. S.23 T.33 R.9 .48 A.
- Tax Annual Amount
- 3294
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1920
Listing agency
McColly Real Estate
(219) 663-3835
Listed by
David Taylor · License #RB14023719
(219) 306-7812
Added: Apr 15 Updated: Jul 13 at 8:36PM Checked: Jul 22 at 9:06AM
MLS# 837126
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 turn-key pizzeria is built for immediate operation, with a welcoming front-of-house ordering and prep area and a well-organized back-of-house commercial kitchen. The sale includes the land and building, the FAUSTINOS name with 17 years of goodwill, recipes, commercial-grade kitchen equipment, and sophisticated POS transaction software. A large database of thousands of customers and included inventory are also part of the offering, supporting a carryout-focused concept.
The property is located at 399 Clark Street in Lowell, Indiana, within Lake County.
The property is located at 399 Clark Street in Lowell, Indiana, within Lake County.
Key Highlights
- Turn‑key pizzeria business opportunity with all equipment, recipes, and customer database included.
- Sale includes land and building in a prime Lowell location.
- Established business with 17 years of goodwill (FAUSTINOS Name).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.1k | $27.00 |
| − Vacancy | −$459 | −$0.95 |
| EGI | $12.7k | $26.06 |
| − OpEx | −$3.2k | −$6.51 |
| NOI | $9.5k | $19.54 |
486 SF · lease $27.00/SF/yr · vacancy 3.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$135.7K
$118.7K – $158.3K
NOI $9,497 @ 7.0% cap · market cap 2.88%
Second Best
Industrial
$40.3K
$35.3K – $47.0K
NOI $2,820 @ 7.0% cap · market cap 0.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turn-key pizzeria includes land and building, commercial kitchen equipment, POS software, recipes, and customer database for carryout.
Where is this conventional restaurant located?
The property is located at 399 Clark Street Lowell, IN.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Turn‑key pizzeria business opportunity with all equipment, recipes, and customer database included.; Sale includes land and building in a prime Lowell location.; Established business with 17 years of goodwill (FAUSTINOS Name).
