Restaurants

Griffith, IN Restaurants for Sale

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Highland, IN Gary, IN Schererville, IN Hammond, IN Crown Point, IN Saint John, IN St John, IN Hobart, IN
Renovated Restaurant with Event Patio
Updated: Dec 12, 2024
Renovated Restaurant with Event Patio

840 S Broad Street, Griffith, IN 46319

$999,970
5,564 sqft 1.60 AC lot
5,564‑square‑foot restaurant on 1.6 acres
2,000‑square‑foot outdoor patio surrounded by greenery and woods
Renovated plumbing, electrical, bathrooms, flooring, windows, doors, and HVAC systems
Private party room and stage area for events and entertainment
20 beer lines, two walk‑in coolers, and a walk‑in freezer
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Turnkey Restaurant & Event Venue
Updated: Dec 13, 2024
Turnkey Restaurant & Event Venue

840 S Broad St, Griffith, IN 46319

$999,970
1.60 AC lot
Fully renovated, turnkey restaurant and event venue with extensive upgrades, including new plumbing, electric, and HVAC.
Enjoy the 2,000 SF outdoor patio, ideal for weddings, private parties, and live music events.
Flexible layout with private party room and stage, supporting multiple revenue streams from daily dining and private events.
Key equipment included: 20 beer lines, walk‑in coolers/freezer, commercial hood system, and Ansul fire suppression.
Proven success as a venue for weddings, private rentals, and full‑property events.
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Fully Equipped Restaurant Property
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.

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See what stands out in Lake County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

Gutted Mixed-Use Property
Gutted Mixed-Use Property

3447 45th Street, Highland, IN 46322

$684,999
5,374 sqft 0.61 AC lot

Former bar shell includes a connected garage and three-bedroom residence with a partially finished basement.

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Restaurant Building with Apartment
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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Established Restaurant Landmark For Sale
Established Restaurant Landmark For Sale

2904 45th St, Highland, IN 46322

$699,000

Iconic Highland restaurant with loyal customer base since 1947.

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Commercial Property on US-30
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 with Highway Frontage
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.

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Commercial Land with Roadway Frontage
Commercial Land with Roadway Frontage

6520 W Lincoln Highway, Schererville, IN 46375

$350,000
2.29 AC lot

Commercially zoned building site with Route 30 exposure, available water service, and a completed survey.

View details
C-2 Commercial Land Parcel
C-2 Commercial Land Parcel

8080 Us-41, Schererville, IN 46375

$385,000
1.21 AC lot

Community Commercial zoning supports retail, service, medical, fitness, and specialty food uses.

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C2 Commercial Land
C2 Commercial Land

0-Lot 12 Grant Street, Merrillville, IN 46410

$79,900
1.50 AC lot

C2-zoned commercial land with public water, public sewer, and cable availability for site utility connections.

View details

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.

1201 Rdg Rd
RESTAURANT

1201 Rdg Rd, Griffith, IN 46319-1461

Estimated value:
$345,000
2,904 sqft 1.08 AC lot
View details
225 Rdg Rd
RESTAURANT

225 Rdg Rd, Griffith, IN 46319-1013

Estimated value:
$315,000
3,062 sqft 0.29 AC lot
View details
250 Rdg Rd
RESTAURANT

250 Rdg Rd, Griffith, IN 46319-1041

Estimated value:
$355,000
2,876 sqft 1.64 AC lot
View details
101 Rdg Rd, Unit 5
RESTAURANT

101 Rdg Rd, Griffith, IN 46319-1139

Unit 5
Estimated value:
$415,000
3,948 sqft 1.07 AC lot
View details
430 Rdg Rd
RESTAURANT

430 Rdg Rd, Griffith, IN 46319-1018

Estimated value:
$320,000
2,604 sqft 0.65 AC lot
View details
444 Rdg Rd
RESTAURANT

444 Rdg Rd, Griffith, IN 46319-1018

Estimated value:
$485,000
8,275 sqft 1.34 AC lot
View details
840 Broad St
RESTAURANT

840 Broad St, Griffith, IN 46319-3110

Estimated value:
$350,000
5,276 sqft 1.23 AC lot
View details
105 Rdg Rd
RESTAURANT

105 Rdg Rd, Griffith, IN 46319-1139

Estimated value:
$345,000
2,156 sqft 1.05 AC lot
View details
1579 Cline Ave
RESTAURANT

1579 Cline Ave, Griffith, IN 46319-1567

Estimated value:
$315,000
2,659 sqft 0.99 AC lot
View details
222 Rdg Rd
RESTAURANT

222 Rdg Rd, Griffith, IN 46319-1142

Estimated value:
$325,000
5,312 sqft 1.05 AC lot
View details
1801-15 45th Ave
RESTAURANT

1801-15 45th Ave, Griffith, IN 46319

Estimated value:
$365,000
3,290 sqft 1.67 AC lot
View details
440 Rdg Rd
RESTAURANT

440 Rdg Rd, Griffith, IN 46319-1018

Estimated value:
$320,000
2,515 sqft 1.33 AC lot
View details
119 Griffith Blvd, Unit 23
RESTAURANT

119 Griffith Blvd, Griffith, IN 46319-2153

Unit 23
Estimated value:
$275,000
5,850 sqft 0.43 AC lot
View details

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 5,564 square feet of properties for sale, with an estimated market value of $1,999,940.

Sale prices for restaurant properties in Griffith, IN average $999,970 — 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

Bars & Pubs 2
Conventional restaurants 2
Turn key restaurants 1

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 $1000K

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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