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Dyer Commercial Building Opportunity
For Sale
$699,900

1209 Sheffield Avenue, Dyer, IN 46311

Spacious commercial building suitable for restaurants, bars, retail, and offices.

Property Size4,000 SF
Lot Size0.68 Acres
Price / SF$174.98
Days on Market776

Property Features for 1209 Sheffield Avenue

General Information

Standard status Active
Size 4,000 SF
Lot size 0.68 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $6,092

Amenities

3
35 Parking Spaces. Paved Driveway.
Exterior Lighting, Security Lighting, Extra Storage.

Building Details

Year Built 1962
Listing Agency: Listing Leaders
Listed By: Nikola Trajceski · License #RB19001195
Source: Xome
Added: Jul 25, 2024 Changed: Sep 6 Last Checked: Sep 6 at 4:19AM

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 Listing Leaders

Investment Insights

Based on property information with market context.

This almost 4,000 square foot brick commercial building is situated on 0.68 acres in Dyer. The property is suitable for various business uses, including restaurants, bars, retail establishments, professional offices, service businesses, entertainment venues, or redevelopment opportunities, subject to municipal approval. Currently functioning as a turnkey restaurant and bar, the property boasts expansive dining areas, a private bar section with a separate entrance, and outdoor seating possibilities. The existing layout features high ceilings, modern lighting, and versatile floor plan options, making it ideal for hospitality or repurposing. Strategically located on Sheffield Avenue, the property benefits from substantial traffic volume, with approximately 7,995 vehicles per day, excellent visibility, convenient access for Illinois commuters, and ample on-site parking with paved and overflow spaces. The property is located just 32 miles from Chicago.

Key Highlights

  • High‑traffic location on Sheffield Avenue with approximately 7,995 vehicles per day and easy access for Illinois commuters.
  • Turnkey restaurant and bar operation with expansive dining areas and a private bar section with a separate entrance.
  • Large 4,000 sq ft brick building on 0.68 acres suitable for various business uses.

Property Analytics

Current Use

John's Pizzeria Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Home Improvements & Furnishings 41% Dining 7%
Casey's General Store Shops & Services
7,893 visits/mo 0.4 miles
Gus Bock's Ace Hardware Home Improvements & Furnishings
7,739 visits/mo 0.1 miles
Centier Bank Shops & Services
2,070 visits/mo 0.1 miles
SUBWAY Dining
1,305 visits/mo 0.4 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
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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 - Spacious commercial building suitable for restaurants, bars, retail, and offices.
Where is this bar & pub located?
The property is located at 1209 Sheffield Avenue Dyer, IN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: High‑traffic location on Sheffield Avenue with approximately 7,995 vehicles per day and easy access for Illinois commuters.; Turnkey restaurant and bar operation with expansive dining areas and a private bar section with a separate entrance.; Large 4,000 sq ft brick building on 0.68 acres suitable for various business uses.
More about this property
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