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    840 S Broad St Griffith, IN 46319

    Sponsored
    For Sale
    $1,174,700

    COMMERCIAL - Griffith, IN

    Property size:
    5,564 SF
    Lot size:
    1.60 Acres
    Days on Market:
    32
    Last Refresh:
    Jan 5 at 5:06 am

    Property Features for 840 S Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    451102352009000006
    Parking
    100
    Size
    5,564 SF
    Lot size
    1.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1965

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Wendy Embry (219) 776-0408

    Listing date Dec 5, 2025

    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 & Event Venue

    This property presents a rare opportunity to acquire a turnkey restaurant and event venue situated on 1.6 acres. The building has undergone a complete renovation, including new plumbing, electric, bathrooms, flooring, windows, doors, and four HVAC units with ductwork. The SMART siding has a 20+ year warranty, and the roof is approximately 12 years old. A standout feature is the 2,000 square foot outdoor patio, surrounded by greenery and woods, featuring a rock area suitable for games or overflow seating, and gas fire pits. The property includes 20 beer lines, two walk-in coolers, a walk-in freezer, a commercial hood system, and a full Ansul fire suppression system. The interior layout offers flexibility for multiple revenue streams, including a private party room and a stage setup for live music and entertainment. The venue has proven successful for weddings, private rentals, and full-property events, with the patio rentable while the main dining room remains open. The property, with a total size of 5,564 square feet, is designed to generate revenue from both daily dining and private events. The property is located in Griffith, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shipwreck Bar & Grill Bar & Grill

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.42819
    Latitude
    41.508029

    Nearby Similar for Sale

    • $115,000
      Pending

      Griffith, IN Commercial Property

      Affordable commercial space suitable for office or medical use.
      425 N Broad St, Griffith, IN 46319
      View Details
    • $1,247,700
      1.60 Acres

      Griffith, IN Commercial Property

      Prime Griffith location, renovated building, 1.6 acres.
      840 Broad St, Griffith, IN 46319
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully renovated restaurant with event-ready patio on 1.6 acres.
    Where is this restaurant located?
    The property is located at 840 S Broad St Griffith, IN.
    What is the asking price?
    The asking price for this property is $1,174,700.
    What are key features of this property?
    This property features: - Fully renovated restaurant with new plumbing, electric, bathrooms, flooring, windows, doors, and HVAC.; - Enjoy the **2,000 SF outdoor patio**, event-ready, with lush greenery, rock area, and gas fire pits.; - Includes key restaurant equipment: 20 beer lines, two walk-in coolers, walk-in freezer, commercial hood system, and Ansul fire suppression.
    (219) 776-0408
    Request Owner's contact information
    840 S Broad St Griffith, IN 46319
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    Griffith, IN 46319
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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
    840 S Broad St Griffith, IN 46319
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