Restaurants

Lake Station, 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
8 properties
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Two-Story Mixed-Use Property
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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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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Remodeled Restaurant with Liquor License
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
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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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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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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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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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.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 8 Active listings in Lake Station, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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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Historic Event Venue with Outdoor Space
Historic Event Venue with Outdoor Space

101 E Main St, Griffith, IN 46319

$769,000
2,750 sqft

Restored masonry interiors feature a kitchen, bar area, mezzanine, and cathedral ceilings.

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Commercial Land
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.

View details
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.

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
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
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.

View details
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.

View details
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.

View details

Off-Market Properties in Lake Station, IN

Consider similar Off-Market properties in Lake Station, 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

Estimated value:
$275,000
1,600 sqft 0.07 AC lot
View details
2236 Ripley St
RESTAURANT

2236 Ripley St, Lake Station, IN 46405

Estimated value:
$250,000
0.10 AC lot
View details
2203 Ripley St
RESTAURANT

2203 Ripley St, Lake Station, IN 46405-1165

Estimated value:
$390,000
4,265 sqft 0.80 AC lot
View details
3446 Central Ave
RESTAURANT

3446 Central Ave, Lake Station, IN 46405-2273

Estimated value:
$335,000
2,524 sqft 0.71 AC lot
View details
2433 Ripley St
RESTAURANT

2433 Ripley St, Lake Station, IN 46405-2301

Estimated value:
$285,000
738 sqft 0.47 AC lot
View details
2345 Ripley St
RESTAURANT

2345 Ripley St, Lake Station, IN 46405-2325

Estimated value:
$445,000
7,440 sqft 0.69 AC lot
View details
1495 Ripley St
RESTAURANT

1495 Ripley St, Lake Station, IN 46405-1157

Estimated value:
$380,000
5,507 sqft 1.50 AC lot
View details
3420 Central Ave
RESTAURANT

3420 Central Ave, Lake Station, IN 46405-2273

Estimated value:
$340,000
3,228 sqft 0.66 AC lot
View details
2661 Decatur St
RESTAURANT

2661 Decatur St, Lake Station, IN 46405-1462

Estimated value:
$250,000
0.07 AC lot
View details
2661 Decatur St
RESTAURANT

2661 Decatur St, Lake Station, IN 46405-1462

Estimated value:
$250,000
0.04 AC lot
View details
2661 Decatur St
RESTAURANT

2661 Decatur St, Lake Station, IN 46405-1462

Estimated value:
$250,000
0.07 AC lot
View details

Lake Station, IN Restaurants Market Trends and Statistics

Explore 19 restaurants for sale in Lake Station, 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 Lake Station, 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

Conventional restaurants 3
Bars & Pubs 1

Demographics Overview

Population 12K
Population Growth (5Y) +0.5%
Median Household Income $57,005
College Educated 13.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46405 $300K

Taxes & Financing

Tax Rate (average for all types) 4.46%
Property Tax per SF $72.47 per SF
Tax Rate vs County Average 1.39 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)

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