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Fully Built-Out Bar Restaurant
For Sale
$1,099,000

1027 Sheffield Avenue, Dyer, IN 46311

Operational bar/restaurant includes full-service bar, pool tables, games, seating, FF&E, and a Dyer 3-way liquor license.

Property Size9,849 SF
Price / SF$111.60
Days on Market99

Property Features for 1027 Sheffield Avenue

General Information

Standard status Active
Size 9,849 SF
Property subtype Retail - Street Retail

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Building Size 9,849 SF
Year Built 1976
Year Renovated 2002
Units 2
Listing Agency: Latitude Commercial
Listed By: Brett McDermott · License ##RB14050416
Source: Commercialcafe
Added: May 14 Changed: Aug 14 Last Checked: Aug 18 at 9:50AM

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 +/- 9,848 SF property includes a fully built-out, operational bar/restaurant with a full-service bar, pool tables, games, and seating. The sale includes all furniture, fixtures, and equipment (FF&E), supporting immediate operational continuity. A valuable Dyer 3-way liquor license is also included. In addition to the bar/restaurant component (included in the sale), the building is occupied by a Chinese restaurant paying under market rent on an NNN basis, and the property is described as well-maintained.

The property is located on Sheffield Avenue near established daily-needs anchors, including Berkot’s Super Foods and Ace Hardware. The public remarks note that the recent opening of the Munster/Dyer South Shore Line Station has increased vehicle flow along this corridor, with additional access to U.S. Route 30 and Interstate 80/94.

The building is positioned for a seamless transition for a new bar/restaurant operator, and the public remarks also state the option to demise or reposition portions for retail or office use.

Key Highlights

  • +/- 9,848 SF fully built‑out, operational bar/restaurant property in Dyer, IN (built in 1976).
  • Includes full‑service bar plus pool tables, games, and seating, with FF&E included in the sale.
  • Dyer 3‑way liquor license included for immediate operational continuity.

Property Analytics

Current Use

Therousehomes Interior Design Sheffield's Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 70% Shops & Services 19% Dining 12%
Gus Bock's Ace Hardware Home Improvements & Furnishings
7,739 visits/mo 0.2 miles
Centier Bank Shops & Services
2,070 visits/mo 0.1 miles
SUBWAY Dining
1,305 visits/mo 0.2 miles

Demographics for 46311, IN

22,431
Population
9,128
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
1,780
Density / Sq Mi
$109,167
Median Household Income
$58,332
Median Earnings
$1,221
Median Rent
$300,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • DOC's Smokehouse Dyer 1420 B, Calumet Ave, Dyer, IN 46311
  • Sheffield's Restaurant 1027 Sheffield Ave, Dyer, IN 46311

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operational bar/restaurant includes full-service bar, pool tables, games, seating, FF&E, and a Dyer 3-way liquor license.
Where is this bar & pub located?
The property is located at 1027 Sheffield Avenue Dyer, IN.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: +/- 9,848 SF fully built‑out, operational bar/restaurant property in Dyer, IN (built in 1976).; Includes full‑service bar plus pool tables, games, and seating, with FF&E included in the sale.; Dyer 3‑way liquor license included for immediate operational continuity.
More about this property
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