Turnkey Restaurant & Event
For Sale
$999,970
840 S Broad St, Griffith, IN 46319
Fully renovated restaurant with event-ready patio in prime location.
Property SizeContact for details
Lot Size1.60 Acres
Days on Market604
Property Features for 840 S Broad St
General Information
Standard status
Active
Lot size
1.60 Acres
Taxes and HOA fees
Annual Taxes
$13,000
Listing Agency:
McColly Real Estate
(219) 776-0408
Listed By:
Wendy Embry · License #RB14037576
(219) 776-0408
Source:
Exprealty
Added: Dec 13, 2024
Changed: Aug 8
Last Checked: Aug 8 at 1:11PM
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 McColly Real Estate
Investment Insights
Based on property information with market context.
This property presents a rare opportunity to acquire a fully renovated turnkey restaurant and event venue. The building has been completely renovated with upgrades to plumbing, electric, bathrooms, flooring, windows, doors, and all four HVAC units with ductwork. SMART siding with a 20+ year warranty has been installed, and the roof is approximately 12 years old. A notable feature is the 2,000 square foot outdoor patio, surrounded by greenery and woods, including a rock area suitable for games or overflow seating. Gas fire pits enhance the atmosphere for year-round use, making it suitable for weddings, private parties, and live music events. Key equipment and infrastructure 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 includes 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. This property is designed to generate revenue from both daily dining and private events.
Key Highlights
- Fully renovated, turnkey restaurant and event venue with extensive upgrades, including new plumbing, electric, and HVAC.
- Enjoy the 2,000 SF outdoor patio, ideal for weddings, private parties, and live music events.
- Flexible layout with private party room and stage, supporting multiple revenue streams from daily dining and private events.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46319, IN
18,108
Population
7,904
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
1,886
Density / Sq Mi
$75,976
Median Household Income
$42,239
Median Earnings
$1,162
Median Rent
$194,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Restaurant - Fully renovated restaurant with event-ready patio in prime location.
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 $999,970.
What are key features of this property?
This property features: Fully renovated, turnkey restaurant and event venue with extensive upgrades, including new plumbing, electric, and HVAC.; Enjoy the 2,000 SF outdoor patio, ideal for weddings, private parties, and live music events.; Flexible layout with private party room and stage, supporting multiple revenue streams from daily dining and private events.
