Restaurant Building with
For Sale
$680,000
48 E Joliet St, Schererville, IN 46375
This for-sale restaurant building totals 7,038 SF, featuring a 3,000 SF main-floor restaurant with full bar and a remodeled dining room.
Property Size7,038 SF
Price / SF$96.62
Days on Market145
Property Features for 48 E Joliet St
General Information
Standard status
Active
Size
7,038 SF
Total Parking Spaces
25
Property subtype
Retail
Restaurant
Commercial Hood
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Multifamily Units
1
Building Details
Building Size
7,038 SF
Year Built
1949
Year Renovated
2024
Tenancy
Multi
Listing Agency:
Latitude Commercial
Listed By:
Myles Rapchak · License #IL #475184956
(219) 308-3553
Source:
Latitudeco
Added: May 14
Changed: Oct 4
Last Checked: Oct 5 at 3:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Latitude Commercial
Investment Insights
Based on property information with market context.
This for-sale restaurant building totals 7,038 SF, including 3,000 SF on the main floor. The restaurant features a full bar, a clean and well-kept kitchen with hood, and a dining room remodeled in 2024. A full basement provides storage for the restaurant.
The second floor includes an office with bath and a newly remodeled 3-bedroom, 1-bath apartment that is currently leased for additional income. The sale includes all FF&E.
Site amenities include a 25-plus parking space lot that was recently resealed. The property is located across from the Schererville police station and town hall.
The second floor includes an office with bath and a newly remodeled 3-bedroom, 1-bath apartment that is currently leased for additional income. The sale includes all FF&E.
Site amenities include a 25-plus parking space lot that was recently resealed. The property is located across from the Schererville police station and town hall.
Key Highlights
- Total building size 7,038 SF (restaurant 3,000 SF on the main floor) with a full bar
- 3‑way liquor license included
- Dining room newly remodeled in 2024 (950 SF remodeled dining room)
Property Analytics
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
18k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 11%
Apparel 10%
Beauty & Spa 7%
Chase Bank
Shops & Services
9,244 visits/mo
0.4 miles
The UPS Store
Shops & Services
4,178 visits/mo
0.3 miles
Domino's Pizza
Dining
1,975 visits/mo
0.3 miles
Lovers Lane
Apparel
1,775 visits/mo
0.3 miles
Cost Cutters
Beauty & Spa
1,215 visits/mo
0.3 miles
Demographics for 46375, IN
24,051
Population
10,064
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,879
Density / Sq Mi
$89,646
Median Household Income
$51,448
Median Earnings
$1,250
Median Rent
$295,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Buddy & Pal's Schererville — 340 E U.S. Hwy 30, Schererville, IN 46375
- Greg's Place — 21 E Joliet St, Schererville, IN 46375
Frequently Asked Questions
What type of property is this?
Bar & Pub - This for-sale restaurant building totals 7,038 SF, featuring a 3,000 SF main-floor restaurant with full bar and a remodeled dining room.
Where is this bar & pub located?
The property is located at 48 E Joliet St Schererville, IN.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Total building size 7,038 SF (restaurant 3,000 SF on the main floor) with a full bar; 3‑way liquor license included; Dining room newly remodeled in 2024 (950 SF remodeled dining room)
