Search
Renovated Restaurant with Event Patio
For Sale
$999,970

840 S Broad Street, Griffith, IN 46319

Commercial Sale, Griffith, IN

Property Size5,564 SF
Lot Size1.60 Acres
Price / SF$179.72
Days on Market617

Property Features for 840 S Broad Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 100
Lot features Corner Lot
Directions Ridge Road East To Broad South
Standard status Active
APN 451102352009000006
Size 5,564 SF
Lot size 1.60 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description W. 89 FT OF E. 340 FT OF PT E 1/2 SW SW. S.2 T.35 R.9 .368 AC.
Tax Annual Amount 13000
Legal Description W. 89 FT OF E. 340 FT OF PT E 1/2 SW SW. S.2 T.35 R.9 .368 AC.

Utilities

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

Amenities

gas fire pits
private party room
stage setup

Building Details

Year built 1965
Listing Agency: McColly Real Estate
Listed By: Wendy Embry · License #RB14037576
Added: Dec 12, 2024 Changed: Aug 19 Last Checked: Aug 21 at 4:06AM
MLS# 813963

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 5,564-square-foot restaurant property occupies 1.6 acres in Griffith, Indiana. The building was renovated from the studs with updated plumbing, electrical service, bathrooms, flooring, windows, doors, and four HVAC units with ductwork. SMART siding carries a 20+ year warranty, while the roof is approximately 12 years old. Interior features include a private party room and stage area for entertainment. The property is heated by natural gas and forced air and has public water and public sewer.

A 2,000-square-foot outdoor patio is set among greenery and woods, with gas fire pits and a rock area suited to games or additional seating. The restaurant infrastructure includes 20 beer lines, two walk-in coolers, a walk-in freezer, a commercial hood, and a full Ansul fire suppression system. Equipment is included, with terms open to negotiation. The property is located at 840 S Broad Street in Griffith, IN 46319.

Key Highlights

  • 5,564‑square‑foot restaurant on 1.6 acres
  • 2,000‑square‑foot outdoor patio surrounded by greenery and woods
  • Renovated plumbing, electrical, bathrooms, flooring, windows, doors, and HVAC systems

Property Analytics

Current Use

Shipwreck Bar & Grill Bar & Pub

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Parts Store Spa & Massage Center Restaurant

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
Balanced
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and private-event venue with updated building systems and outdoor gathering space.
Where is this conventional restaurant located?
The property is located at 840 S Broad Street 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: 5,564‑square‑foot restaurant on 1.6 acres; 2,000‑square‑foot outdoor patio surrounded by greenery and woods; Renovated plumbing, electrical, bathrooms, flooring, windows, doors, and HVAC systems
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message