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    Gary, IN
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    Gary, IN Restaurants for Sale

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    Harley-Davidson-Themed Tavern
    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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    Neighborhood Pub with Owner Apartment
    Updated: Sep 15, 2025
    Neighborhood Pub with Owner Apartment

    2808 Dekalb Street, Lake Station, IN 46405

    $200,000
    3,894 sqft 0.22 AC lot
    Three‑way liquor, gaming, and tobacco licenses included
    3,894 SF building on 0.224 acres
    One‑bedroom owner apartment included
    Kitchen equipment, coolers, tables, chairs, and bar stools remain
    Basement and crawl‑space storage areas
    View details
    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    2439 W 15th Avenue, Gary, IN 46404

    $225,000
    3,387 sqft 0.07 AC lot

    Commercial restaurant and bar space occupies the ground floor, with a separate residential unit above.

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    Corner Shopping Center with Restaurant Space
    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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    Turnkey Restaurant with Liquor License
    Turnkey Restaurant with Liquor License

    3634 Central Avenue, Lake Station, IN 46405

    $350,000
    3,250 sqft 0.08 AC lot

    Turnkey, fully equipped restaurant with a newly remodeled interior, wet bar, pergola-covered outdoor seating, and a 3-way liquor license.

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    Bar with Owner Apartment
    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
    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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    Two-Story Mixed-Use Property
    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.

    View details
    Turn-Key Tavern Business Opportunity
    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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    Restaurant with Drive-Thru Window
    Restaurant with Drive-Thru Window

    1441 E 82nd Ave, Merrillville, IN

    Contact for pricing
    3,298 sqft 1.12 AC lot

    Restaurant with drive-thru, high visibility, repurposing opportunity.

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    Former Restaurant Space Available
    Former Restaurant Space Available

    1441 e 82nd Ave, Merrillville, IN 46410

    Contact for pricing

    Restaurant space with drive-thru, high visibility, repurposing opportunity.

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    Restaurant and Bar with Paved Parking
    Restaurant and Bar with Paved Parking

    1233 Central Ave, Lake Station, IN 46405

    Contact for pricing

    Turnkey bar and grill with remodeled interior, rubber roof, two A/C units, and rear paved parking area.

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    Renovated Pizza Shop and Dining
    Renovated Pizza Shop and Dining

    720 N Lake St, Gary, IN 46403

    Contact for pricing

    Completely renovated pizza shop with a front service window, heated dining area, and an included liquor license.

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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    4400 Liverpool Road, Lake Station, IN 46405

    Contact for pricing

    Mixed-use building previously used as a retail store and pizza restaurant, with an attached 3-bedroom apartment.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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
    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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    Breakfast Diner with Kitchen Equipment
    Breakfast Diner with Kitchen Equipment

    3530 Michigan St, Hobart, IN 46342

    $199,900
    1,144 sqft

    All-brick restaurant building with two dining rooms, two bathrooms, on-site parking, and an extensive commercial kitchen package.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    2780 Willowdale Rd, Portage, IN 46368

    Contact for pricing
    32,712 sqft 0.20 AC lot

    Unfinished food-service building with an upstairs apartment on a corner lot marked by a stop sign.

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    Former Restaurant with High Visibility
    Former Restaurant with High Visibility

    3700 Montgomery St, Hobart, IN 46342

    Contact for pricing
    4,753 sqft

    Former restaurant with large parking lot and available liquor license.

    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 with Highway Frontage
    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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    Merrillville Commercial Lot For Sale
    Merrillville Commercial Lot For Sale

    0-Lot 12 Grant Street, Merrillville, IN 46410

    $79,900
    1.50 AC lot

    Prime 1.5-acre commercial lot in growing area.

    View details
    C2 Commercial Land
    C2 Commercial Land

    0-Lot 11 Grant Street, Merrillville, IN 46410

    $89,900
    1.50 AC lot

    C2-zoned parcel with public water and sewer service and utility tie-in availability.

    View details
    Commercial Land Lot on Major Road
    Commercial Land Lot on Major Road

    6520 W Lincoln Highway, Schererville, IN 46375

    $350,000
    2.29 AC lot

    Build-ready commercial lot with 250+ feet of frontage on Route 30 and surveyed site for a straightforward development start.

    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.

    2236 Ripley St
    RESTAURANT

    2236 Ripley St, Lake Station, IN 46405

    $275,000
    Estimated value
    1,600 sqft 0.07 AC lot
    View details
    740 81st Ave
    RESTAURANT

    740 81st Ave, Merrillville, IN 46410-5537

    $475,000
    Estimated value
    7,607 sqft 1.93 AC lot
    View details
    4717 Lincoln Hwy
    RESTAURANT

    4717 Lincoln Hwy, Merrillville, IN 46410-5820

    $350,000
    Estimated value
    4,064 sqft 2.73 AC lot
    View details
    2225 Lincoln Hwy
    RESTAURANT

    2225 Lincoln Hwy, Merrillville, IN 46410-5335

    $305,000
    Estimated value
    4,992 sqft 0.69 AC lot
    View details
    900 5th Ave
    RESTAURANT

    900 5th Ave, Gary, IN 46402

    $270,000
    Estimated value
    766 sqft 0.39 AC lot
    View details
    2236 Ripley St
    RESTAURANT

    2236 Ripley St, Lake Station, IN 46405

    $250,000
    Estimated value
    0.10 AC lot
    View details
    6841 Broadway
    RESTAURANT

    6841 Broadway, Merrillville, IN 46410-3533

    $275,000
    Estimated value
    1,800 sqft 0.29 AC lot
    View details
    5072 Broadway, Unit 74
    RESTAURANT

    5072 Broadway, Gary, IN 46408-4606

    Unit 74
    $70,000
    Estimated value
    2,150 sqft 0.12 AC lot
    View details
    1239 Grant St
    RESTAURANT

    1239 Grant St, Gary, IN 46404

    $270,000
    Estimated value
    2,840 sqft 0.15 AC lot
    View details
    8255 Georgia St
    RESTAURANT

    8255 Georgia St, Merrillville, IN 46410-6226

    Value Estimation by Request
    8,215 sqft 1.83 AC lot
    View details

    Gary, IN Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Gary, IN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 34,025 square feet of properties for sale, with an estimated market value of $2,310,000.

    Sale prices for restaurant properties in Gary, IN start at $200,000, averaging $256,666, 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

    Conventional restaurants 12
    Bars & Pubs 8
    Drive through restaurants 3
    Commercial kitchens 1

    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
    46408 $285K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

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    Most Searched ZIP Codes in Gary, IN

    • 46405
    • 46409
    • 46403
    • 46404
    • 46410

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