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    840 S Broad St Griffith, IN 46319
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    Property profile & analytics

    840 S Broad St, Griffith, IN 46319

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    • Commercial land
    • 0.37 lot acres
    Turnkey Restaurant & Event Venue For Sale
    $1,174,700
    5,564 SF

    Turnkey Restaurant & Event Venue

    Fully renovated restaurant with event-ready patio in prime location.

    840 S Broad Street, Griffith, IN 46319
    View Listing
    Property ID
    US31-0709960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shipwreck Bar & Grill / Bar & Pub / Restaurant

    Property Details for 840 S Broad St

    Lot size
    0.37 lot acres
    Property type
    Commercial land
    APN
    45-11-02-352-009.000-006
    APU
    451102352009000006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 19, 2018 — Drish Properties LLC Trzeciak,richard T Warranty Deed $993k · Huntington Nat'l Bk/wv
    Dec 30, 2014 — Ricciardi,patricia A Trust Amanatidis,george Warranty Deed —
    Aug 8, 2014 — Ricciardi,patricia A Trust Amanatidis,anna Grant Deed —

    Description

    This exceptional 1.6-acre commercial property at 840 S Broad Street in Griffith, Indiana, presents a truly unique investment opportunity. The existing building has undergone a complete renovation, down to the studs. All aspects have been meticulously updated, including the installation of entirely new flooring and bathrooms. The plumbing and electrical systems have been completely replaced, ensuring modern functionality and efficiency. All four HVAC units, along with the ductwork, are brand new. The exterior boasts smart siding with a warranty exceeding 20 years, complemented by newly installed windows and doors. The parking area has been upgraded from its previous stone surface. Further enhancing the property's appeal are a newly constructed patio, a landscaped rock area, and a designated garbage corral. The roof is approximately 12 years old. Currently housing the Shipwreck Restaurant, which continues to operate, this property offers immense potential for a variety of businesses. Its central location and comprehensive renovation make it an ideal site for an existing business seeking relocation or an entrepreneur looking to establish a new venture. A private showing is highly recommended to fully appreciate the scope of this remarkable opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

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    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.4287
    Latitude
    41.508
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $795
    $30,600
    $0.00
    $30,600
    -
    $30,600
    $0.00
    $30,600
    View Listing
    More about this property
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