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    Lake Station, IN
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    Lake Station, 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
    View details
    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
    View details
    Neighborhood Pub with Owner Apartment
    Neighborhood Pub with Owner Apartment

    2808 Dekalb Street, Lake Station, IN 46405

    $200,000
    3,894 sqft 0.22 AC lot

    Licensed food-and-beverage operation with gaming, tobacco, and a one-bedroom residential component.

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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.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    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 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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    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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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.

    View details
    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 9 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.

    View details
    Turn-Key Bar and Restaurant
    Turn-Key Bar and Restaurant

    2385 Willowcreek Road, Portage, IN 46368

    $2,100,000
    7,566 sqft

    Turn-key bar and restaurant with an indoor-outdoor patio opening concept, liquor license, and paved parking.

    View details
    Renovated Restaurant with Event Patio
    Renovated Restaurant with Event Patio

    840 S Broad Street, Griffith, IN 46319

    $999,970
    5,564 sqft 1.60 AC lot

    Restaurant and private-event venue with updated building systems and outdoor gathering space.

    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.

    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
    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 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 20 restaurants for sale in Lake Station, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 30,727 square feet of properties for sale, with an estimated market value of $2,310,000.

    Sale prices for restaurant properties in Lake Station, 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 4
    Bars & Pubs 2

    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 $275K

    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)

    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 Lake Station, IN

    • 46405
    • 46404
    • 46409
    • 46407

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