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Property profile & analytics
FOR SALE
Turn key restaurants

1209 Sheffield Ave Dyer, IN 46311

3,970 SF 0.6 ac lot Built 1962
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-0434338
Property summary
AI-generated overview

This exceptional turnkey restaurant and bar opportunity is located at 1209 Sheffield Avenue in Dyer, Indiana. The property encompasses a substantial 4,000 square feet within a well-maintained brick building, offering significant curb appeal. A highly desirable three-way liquor license is included, a key asset for any prospective owner. The property sits on a 0.6-acre lot and features ample parking to accommodate a large number of patrons. An attractive outdoor seating area provides additional space for guests to enjoy the establishment. A unique feature is a secluded bar with a separate entrance, ideal for hosting private events or creating a distinct atmosphere. The location benefits from high visibility and traffic, with an average daily count of 7,995 vehicles in 2023. This prime location is situated near other businesses and shopping amenities, offering convenient access for customers. Its proximity to Illinois and Interstate 94 further enhances its accessibility and appeal. This is a remarkable chance to acquire an established business or launch a new venture in a thriving community. The asking price for this property is $884,850. This represents a significant investment opportunity with considerable potential for growth and profitability. Don't miss this chance to own a thriving business in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1962
Construction WOOD
Total area 3,970 SF
Lot 0.6 ac (26,136 SF)
APN 45-10-01-451-007.000-034
UPID US31-0434338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • John's Pizzeria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nim Real Estate LLC · 2 yrs held
Nim Real Estate LLC
since 2024
2 recorded transactions
2024
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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