Griffith, IN Restaurants for Sale

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Updated: Dec 12, 2024

Turnkey Restaurant with Event Patio

840 S Broad Street, Griffith, IN 46319

$999,970

5,564 sqft 1.60 AC lot

Fully renovated restaurant with event‑ready outdoor patio and private party room
Upgrades include new plumbing, electrical, bathrooms, flooring, windows, and doors; all four HVAC units with ductwork
2,000 SF outdoor patio with rock area, gas fire pits, and seating/overflow space
Roof is approximately 12 years old; SMART siding with 20+ year warranty
Included equipment/infrastructure: 20 beer lines, 2 walk‑in coolers, walk‑in freezer, commercial hood, and Ansul fire suppression system

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Updated: Dec 13, 2024

Turnkey Restaurant & Event Venue

840 S Broad Street, Griffith, IN 46319

$1,174,700

5,564 sqft 1.60 AC lot

Fully renovated, turnkey restaurant and event venue with extensive upgrades.
Enjoy the 2,000 SF outdoor patio, perfect for weddings and live music.
Flexible layout supports multiple revenue streams.
Includes key restaurant equipment like 20 beer lines and a commercial hood.
Proven success as a venue for weddings and full‑property events.

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Equipped Restaurant, Bar, or Retail

213 N Broad St, Griffith, IN 46319

$595,000

0.14 AC lot

Fully equipped restaurant, bar, or retail space in prime location.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Griffith, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

Fully Built-Out Bar Restaurant

1027 Sheffield Avenue, Dyer, IN 46311

$1,099,000

9,848 sqft

Operational bar/restaurant includes full-service bar, pool tables, games, seating, FF&E, and a Dyer 3-way liquor license.

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Restaurant Building with Apartment

48 E Joliet St, Schererville, IN 46375

Contact for pricing

7,038 sqft

This for-sale restaurant building totals 7,038 SF, featuring a 3,000 SF main-floor restaurant with full bar and a remodeled dining room.

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Dyer Commercial Building on Sheffield

1209 Sheffield Avenue, Dyer, IN 46311

$744,900

3,970 sqft 0.68 AC lot

Versatile commercial building suitable for various business uses.

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Commercial Property on US-30

311 US-30, Schererville, IN 46375

Contact for pricing

Commercial property suitable for restaurant, office, or retail use.

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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 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.

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Commercial Land with Highway Frontage

6520 W Lincoln Highway, Schererville, IN 46375

$350,000

2.29 AC lot

Commercially zoned 2.29-acre site with extensive Route 30 frontage and a completed survey for prompt development planning.

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Prime Commercial Land in Schererville

8080 Us-41, Schererville, IN 46375

$385,000

1.21 AC lot

1.21-acre commercial parcel in a desirable growth corridor.

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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.

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Off-Market Properties in Griffith, IN

Consider similar Off-Market properties in Griffith, 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

1201 Rdg Rd, Griffith, IN 46319-1461

Value Estimation by Request

2,904 sqft 1.08 AC lot

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RESTAURANT

225 Rdg Rd, Griffith, IN 46319-1013

Value Estimation by Request

3,062 sqft 0.29 AC lot

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RESTAURANT

250 Rdg Rd, Griffith, IN 46319-1041

Value Estimation by Request

2,876 sqft 1.64 AC lot

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RESTAURANT

101 Rdg Rd, Griffith, IN 46319-1139

Unit 5

Value Estimation by Request

3,948 sqft 1.07 AC lot

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RESTAURANT

430 Rdg Rd, Griffith, IN 46319-1018

Value Estimation by Request

2,604 sqft 0.65 AC lot

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RESTAURANT

444 Rdg Rd, Griffith, IN 46319-1018

Value Estimation by Request

8,275 sqft 1.34 AC lot

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RESTAURANT

840 Broad St, Griffith, IN 46319-3110

Value Estimation by Request

5,276 sqft 1.23 AC lot

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RESTAURANT

105 Rdg Rd, Griffith, IN 46319-1139

Value Estimation by Request

2,156 sqft 1.05 AC lot

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RESTAURANT

1579 Cline Ave, Griffith, IN 46319-1567

Value Estimation by Request

2,659 sqft 0.99 AC lot

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RESTAURANT

222 Rdg Rd, Griffith, IN 46319-1142

Value Estimation by Request

5,312 sqft 1.05 AC lot

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RESTAURANT

1801-15 45th Ave, Griffith, IN 46319

Value Estimation by Request

3,290 sqft 1.67 AC lot

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RESTAURANT

440 Rdg Rd, Griffith, IN 46319-1018

Value Estimation by Request

2,515 sqft 1.33 AC lot

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RESTAURANT

119 Griffith Blvd, Griffith, IN 46319-2153

Unit 23

Value Estimation by Request

5,850 sqft 0.43 AC lot

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Griffith, IN Restaurants Market Trends and Statistics

Explore 16 restaurants for sale in Griffith, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,128 square feet of properties for sale, with an estimated market value of $2,769,670.

Sale prices for restaurant properties in Griffith, IN start at $595,000, averaging $923,223, and reaching up to $1,174,700 — 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 18K

Population Growth (5Y) -0.6%

Median Household Income $75,976

College Educated 32.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46319	$1.1M

Taxes & Financing

Tax Rate (average for all types) 2.69%

Property Tax per SF $34.73 per SF

Tax Rate vs County Average 0.37 pp below 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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Griffith, IN Restaurants for Sale

840 S Broad Street, Griffith, IN 46319

840 S Broad Street, Griffith, IN 46319

213 N Broad St, Griffith, IN 46319

Opportunities in Nearby Cities

1027 Sheffield Avenue, Dyer, IN 46311

48 E Joliet St, Schererville, IN 46375

1209 Sheffield Avenue, Dyer, IN 46311

311 US-30, Schererville, IN 46375

Potential Development Sites for Consideration

6520 W Lincoln Highway, Schererville, IN 46375

6520 W Lincoln Highway, Schererville, IN 46375

8080 Us-41, Schererville, IN 46375

0-Lot 12 Grant Street, Merrillville, IN 46410

Off-Market Properties in Griffith, IN

1201 Rdg Rd, Griffith, IN 46319-1461

225 Rdg Rd, Griffith, IN 46319-1013

250 Rdg Rd, Griffith, IN 46319-1041

101 Rdg Rd, Griffith, IN 46319-1139

430 Rdg Rd, Griffith, IN 46319-1018

444 Rdg Rd, Griffith, IN 46319-1018

840 Broad St, Griffith, IN 46319-3110

105 Rdg Rd, Griffith, IN 46319-1139

1579 Cline Ave, Griffith, IN 46319-1567

222 Rdg Rd, Griffith, IN 46319-1142

1801-15 45th Ave, Griffith, IN 46319

440 Rdg Rd, Griffith, IN 46319-1018

119 Griffith Blvd, Griffith, IN 46319-2153

Griffith, 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)

Average Property Price per SF

Retail

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