134 Broad St Griffith, IN 46319-2219
This 1,400 square foot retail space in downtown Griffith, Indiana, presents a unique investment opportunity. Located at 134-144 S Broad St, this single-tenant property boasts a recently completed renovation (2023), including a brand new facade. The space, formerly a restaurant, features an existing 8-foot hood, ideal for a variety of food-related businesses or adaptable for other retail uses. Situated on a 0.26-acre lot, the building totals 6,102 square feet, with 1,400 square feet currently available. Its prime location is adjacent to the Erie Lackawanna Trail and a new public parking lot, ensuring high visibility and convenient access for customers. Built in 1920, the property benefits from modern updates while retaining its historic charm. Griffith, a thriving town in Lake County, is part of the Chicago metropolitan area, boasting a population of 16,420 (2020 census), making it the 11th largest town in Indiana by population and 17th largest by area. This property offers exceptional potential for a discerning investor seeking a high-traffic location within a growing community.
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YouNique Yoni Alternative Medicine Practice Spa & Massage Center
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Varsity Sports Inc (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.