Gary, IN Restaurants for Sale

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Hammond, IN Griffith, IN Hobart, IN Highland, IN East Chicago, IN Schererville, IN Crown Point, IN Portage, IN

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Updated: Oct 24, 2025

Harley-Davidson-Themed Tavern

4489 Broadway, Gary, IN 46409

$205,000

1,270 sqft 0.13 AC lot

1,270‑square‑foot tavern on a 0.13‑acre lot
Seating for approximately 50 patrons, including 15 counter stools
Outdoor patio with two tables and bench seating
20 onsite parking spaces plus additional street parking
Small kitchen with range, hood, refrigerator, freezer, microwave, and dishwasher

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Updated: Jul 24

Two-Story Mixed-Use Property

2439 W 15th Avenue, Gary, IN 46404

$225,000

3,387 sqft 0.07 AC lot

3,387‑square‑foot two‑story mixed‑use building
First‑floor commercial space configured for a restaurant and bar
Second‑floor apartment with private entrance, multiple bedrooms, kitchen, and full bathroom
0.068‑acre lot at 2439 W 15th Avenue, Gary, IN 46404
Off‑street, on‑street, and garage parking

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Remodeled Restaurant with Liquor License

3634 Central Avenue, Lake Station, IN 46405

$350,000

3,250 sqft 0.08 AC lot

Fully equipped restaurant space with an updated kitchen, outdoor seating, and public water and sewer service.

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Corner Shopping Center with Restaurant Space

2101 Carolina St, Gary, IN 46407

$350,000

7,125 sqft

Multi-tenant corner center includes occupied grocery space and a restaurant area with commercial kitchen equipment.

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Bar with Owner Apartment

2808 Dekalb St, Lake Station, IN 46405

$200,000

3,894 sqft

Includes liquor, gaming, and tobacco licenses with kitchen equipment, furnishings, and a separate one-bedroom apartment.

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Remodeled Restaurant with Liquor License

3634 Central Ave, Lake Station, IN 46405

$350,000

3,250 sqft

Fully equipped operation includes furnishings and pergola-covered outdoor seating.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Turn-Key Tavern Business Opportunity

4489 Broadway, Gary, IN 46409

$205,000

1,270 sqft 0.13 AC lot

Fully operational tavern for sale with seating for 50 patrons.

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Two-Story Mixed-Use Property

2439 W 15th Ave, Gary, IN 46404

$225,000

3,387 sqft

Commercial restaurant space occupies the ground floor, with a private-entry residential unit above.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bar and Pub with Patio

2385 Willowcreek Road, Portage, IN 46368

$2,100,000

7,566 sqft 1.38 AC lot

Operating business sale includes fixtures, a 3-way liquor license, walk-in cooler, and indoor-outdoor bar access.

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Historic Wedding Venue

101 E Main Street, Griffith, IN 46319

$769,000

2,750 sqft 0.08 AC lot

An outdoor event area complements the building’s banquet and gathering space.

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Commercial Land

5016 Us Highway 20, Portage, IN 46368

$1,250,000

408 sqft

A signalized approach and regional-road connections serve this nearly two-acre commercial parcel.

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Fully Equipped Restaurant Property

213 N Broad Street, Griffith, IN 46319

Contact for pricing

Includes a commercial kitchen, bar fixtures, walk-in cooler, dining furnishings, and restaurant service equipment.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land

0-lot 12 Grant Street, Merrillville, IN 46410

$79,900

1.50 AC lot

C-2-zoned parcel with public water and sewer service and cable availability.

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C-2 Commercial Land

0-lot 11 Grant Street, Merrillville, IN 46410

$89,900

1.50 AC lot

The site is in Water Tower Park, near US 30 and the I-65 interchange.

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Commercial Land with Highway Frontage

5103 E Lincoln, Merrillville, IN 46410

$749,900

5.15 AC lot

Planned B3 zoning permits office, retail, recreation, and automotive-oriented uses with utilities already serving the site.

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Commercial Land with Highway Frontage

6520 W Lincoln Highway, Schererville, IN 46375

$350,000

2.29 AC lot

Commercially zoned site with water availability, public sewer, and a completed survey.

View details

Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

2236 Ripley St, Lake Station, IN 46405

Estimated value:

$275,000

1,600 sqft 0.07 AC lot

View details

RESTAURANT

740 81st Ave, Merrillville, IN 46410-5537

Estimated value:

$475,000

7,607 sqft 1.93 AC lot

View details

RESTAURANT

4717 Lincoln Hwy, Merrillville, IN 46410-5820

Estimated value:

$350,000

4,064 sqft 2.73 AC lot

View details

RESTAURANT

2225 Lincoln Hwy, Merrillville, IN 46410-5335

Estimated value:

$305,000

4,992 sqft 0.69 AC lot

View details

RESTAURANT

900 5th Ave, Gary, IN 46402

Estimated value:

$270,000

766 sqft 0.39 AC lot

View details

RESTAURANT

2236 Ripley St, Lake Station, IN 46405

Estimated value:

$250,000

0.10 AC lot

View details

RESTAURANT

6841 Broadway, Merrillville, IN 46410-3533

Estimated value:

$275,000

1,800 sqft 0.29 AC lot

View details

RESTAURANT

5072 Broadway, Gary, IN 46408-4606

Unit 74

Estimated value:

$70,000

2,150 sqft 0.12 AC lot

View details

RESTAURANT

1239 Grant St, Gary, IN 46404

Estimated value:

$270,000

2,840 sqft 0.15 AC lot

View details

RESTAURANT

8255 Georgia St, Merrillville, IN 46410-6226

Estimated value: by Request

8,215 sqft 1.83 AC lot

View details

RESTAURANT

2203 Ripley St, Lake Station, IN 46405-1165

Estimated value:

$390,000

4,265 sqft 0.80 AC lot

View details

RESTAURANT

3701 Grant St, Gary, IN 46408-2142

Estimated value:

$265,000

1,350 sqft 0.50 AC lot

View details

RESTAURANT

7305 Taft St, Merrillville, IN 46410-4548

Estimated value:

$130,000

932 sqft 1.01 AC lot

View details

RESTAURANT

2060 81st Ave, Merrillville, IN 46410-5337

Estimated value:

$445,000

2,308 sqft 0.66 AC lot

View details

RESTAURANT

3201 Dunes Hwy, Gary, IN 46402-1609

Estimated value:

$260,000

2,215 sqft 0.51 AC lot

View details

RESTAURANT

7706 Broadway, Merrillville, IN 46410-4722

Estimated value:

$315,000

14,388 sqft 1.06 AC lot

View details

Gary, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Gary, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 26,833 square feet of properties for sale, with an estimated market value of $2,110,000.

Sale prices for restaurant properties in Gary, IN start at $200,000, averaging $263,750, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 124K

Population Growth (5Y) -7.7%

Median Household Income $47,747

College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Gary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46409	$205K
46404	$225K
46407	$350K

Taxes & Financing

Tax Rate (average for all types) 7.93%

Property Tax per SF $79.79 per SF

Tax Rate vs County Average 6.93 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

How Realmo verifies these figures

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Reach out if you need assistance with Realmo tools or have questions about your listings

Gary, IN Restaurants for Sale

4489 Broadway, Gary, IN 46409

2439 W 15th Avenue, Gary, IN 46404

3634 Central Avenue, Lake Station, IN 46405

2101 Carolina St, Gary, IN 46407

2808 Dekalb St, Lake Station, IN 46405

3634 Central Ave, Lake Station, IN 46405

4489 Broadway, Gary, IN 46409

2439 W 15th Ave, Gary, IN 46404

Opportunities in Nearby Cities

2385 Willowcreek Road, Portage, IN 46368

101 E Main Street, Griffith, IN 46319

5016 Us Highway 20, Portage, IN 46368

213 N Broad Street, Griffith, IN 46319

Potential Development Sites for Consideration

0-lot 12 Grant Street, Merrillville, IN 46410

0-lot 11 Grant Street, Merrillville, IN 46410

5103 E Lincoln, Merrillville, IN 46410

6520 W Lincoln Highway, Schererville, IN 46375

Off-Market Properties in Gary, IN

2236 Ripley St, Lake Station, IN 46405

740 81st Ave, Merrillville, IN 46410-5537

4717 Lincoln Hwy, Merrillville, IN 46410-5820

2225 Lincoln Hwy, Merrillville, IN 46410-5335

900 5th Ave, Gary, IN 46402

2236 Ripley St, Lake Station, IN 46405

6841 Broadway, Merrillville, IN 46410-3533

5072 Broadway, Gary, IN 46408-4606

1239 Grant St, Gary, IN 46404

8255 Georgia St, Merrillville, IN 46410-6226

2203 Ripley St, Lake Station, IN 46405-1165

3701 Grant St, Gary, IN 46408-2142

7305 Taft St, Merrillville, IN 46410-4548

2060 81st Ave, Merrillville, IN 46410-5337

3201 Dunes Hwy, Gary, IN 46402-1609

7706 Broadway, Merrillville, IN 46410-4722

Gary, IN Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Need Help?

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