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    Lake Station, IN Restaurants for Sale

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    Griffith, IN Hammond, IN Highland, IN
    10 listings
    Turn-Key Pub with Owner Apartment
    $200,000
    3,894 SF
    Turn-Key Pub with Owner Apartment

    2808 Dekalb Street, Lake Station, IN 46405

    Turn-key pub sale includes liquor, gaming, and tobacco licenses plus a 1-bedroom owner unit.
    • Turnkey business includes 3‑way liquor license plus gaming license and tobacco license
    • Includes kitchen equipment, coolers, tables and chairs, and bar stools
    • Bonus 1‑bedroom owner apartment available to live in or lease; currently rented for $750/month on a month‑to‑month lease
    • Heating: forced air natural gas
    • Utilities: public water and public sewer
    Updated: Sep 15, 2025
    View details
    Prime Commercial Land Opportunity
    $480,000
    0.62 Acres
    Prime Commercial Land Opportunity

    3433-39 Grant Street, Gary, IN 46408

    0.62 acres B-3 zoned land in high-traffic area.
    • Prime commercial development opportunity in a high‑traffic location on Grant Street.
    • B‑3 zoning allows for a wide range of commercial uses.
    • 0.62 acre site across multiple parcels provides development flexibility.
    • Utilities are available to the site.
    • Surrounded by established national retailers, restaurants, and service businesses.
    Updated: May 4
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    Merrillville Development Site For Sale
    $375,000
    2.84 Acres
    Merrillville Development Site For Sale

    2.84 acre development site near U.S. 30 and Broadway.

    555 E 84th Drive, Merrillville, IN 46410

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    Turnkey Restaurant with Liquor License
    $350,000
    3,250 SF
    Turnkey Restaurant with Liquor License

    Fully equipped, remodeled restaurant with a 3-way liquor license.

    3634 Central Avenue, Lake Station, IN 46405

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    Turn-Key Tavern Business Opportunity
    $205,000
    1,270 SF
    Turn-Key Tavern Business Opportunity

    Fully operational tavern for sale with seating for 50 patrons.

    4489 Broadway, Gary, IN 46409

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    Restaurant Pad Ready For Development
    $350,000
    1.00 Acre
    Restaurant Pad Ready For Development

    Improved restaurant pad near I-65, ideal for highway restaurant.

    6201 Opportunity Ln, Merrillville, IN 46410

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    Restaurant with Drive-Thru Window
    Contact for pricing
    3,298 SF
    Restaurant with Drive-Thru Window

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

    1441 E 82nd Ave, Merrillville, IN

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    Single-Tenant Cracker Barrel Investment Opportunity
    Contact for pricing
    8,327 SF
    Single-Tenant Cracker Barrel Investment Opportunity

    NNN leased Cracker Barrel with 15 years remaining near Chicago.

    6200 Opportunity Ln, Merrillville, IN

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    Former Restaurant Space Available
    Contact for pricing
    Former Restaurant Space Available

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

    1441 e 82nd Ave, Merrillville, IN 46410

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    Former Restaurant Space Available
    Contact for pricing
    3,298 SF
    Former Restaurant Space Available

    Former restaurant space in Northwest Indiana with highway access.

    1441 E 82nd Ave, Merrillville, IN 46410

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    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 10 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.

    Turnkey Restaurant & Event Venue
    $999,970
    5,564 SF
    Turnkey Restaurant & Event Venue

    Fully renovated restaurant with event-ready patio on 1.6 acres.

    840 S Broad Street, Griffith, IN 46319

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    Turnkey Restaurant & Event Venue
    $1,174,700
    5,564 SF
    Turnkey Restaurant & Event Venue

    Fully renovated restaurant with event-ready patio in prime location.

    840 S Broad Street, Griffith, IN 46319

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    Commercial Property on US-30
    $315,000
    Commercial Property on US-30

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

    311 US-30, Schererville, IN 46375

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    Commercial Land Near Residences
    $275,000
    Commercial Land Near Residences

    Shovel-ready sites ideal for restaurant, office near Residences at Deer Creek.

    2193 Austin Ave, Schererville, IN 46375

    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.

    Merrillville Commercial Lot For Sale
    $79,900
    1.50 Acres
    Merrillville Commercial Lot For Sale

    Prime 1.5-acre commercial lot in growing area.

    0-Lot 12 Grant Street, Merrillville, IN 46410

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    Commercial Lot in Water Tower Park
    $89,900
    1.50 Acres
    Commercial Lot in Water Tower Park

    Prime commercial land in a growing area near US 30.

    0-Lot 11 Grant Street, Merrillville, IN 46410

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    Merrillville Land on US 30
    $749,900
    5.15 Acres
    Merrillville Land on US 30

    5+ acres on US 30 ready for development.

    5103 E Lincoln, Merrillville, IN 46410

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    Commercial Land Lot on Major Road
    $350,000
    2.29 Acres
    Commercial Land Lot on Major Road

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

    6520 W Lincoln Highway, Schererville, IN 46375

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    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
    1,600 SF Lot: 0.07 Acres
    Value Estimation by Request

    2236 Ripley St, Lake Station, IN 46405

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    2236 Ripley St
    RESTAURANT
    Lot: 0.10 Acres
    Value Estimation by Request

    2236 Ripley St, Lake Station, IN 46405

    View details
    2203 Ripley St
    RESTAURANT
    4,265 SF Lot: 0.80 Acres
    Value Estimation by Request

    2203 Ripley St, Lake Station, IN 46405-1165

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    3446 Central Ave
    RESTAURANT
    2,524 SF Lot: 0.71 Acres
    Value Estimation by Request

    3446 Central Ave, Lake Station, IN 46405-2273

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    2433 Ripley St
    RESTAURANT
    738 SF Lot: 0.47 Acres
    Value Estimation by Request

    2433 Ripley St, Lake Station, IN 46405-2301

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    2345 Ripley St
    RESTAURANT
    7,440 SF Lot: 0.69 Acres
    Value Estimation by Request

    2345 Ripley St, Lake Station, IN 46405-2325

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    1495 Ripley St
    RESTAURANT
    5,507 SF Lot: 1.50 Acres
    Value Estimation by Request

    1495 Ripley St, Lake Station, IN 46405-1157

    View details
    3420 Central Ave
    RESTAURANT
    3,228 SF Lot: 0.66 Acres
    Value Estimation by Request

    3420 Central Ave, Lake Station, IN 46405-2273

    View details
    2661 Decatur St
    RESTAURANT
    Lot: 0.07 Acres
    Value Estimation by Request

    2661 Decatur St, Lake Station, IN 46405-1462

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    2661 Decatur St
    RESTAURANT
    Lot: 0.04 Acres
    Value Estimation by Request

    2661 Decatur St, Lake Station, IN 46405-1462

    View details
    2661 Decatur St
    RESTAURANT
    Lot: 0.07 Acres
    Value Estimation by Request

    2661 Decatur St, Lake Station, IN 46405-1462

    View details

    Lake Station, IN Restaurants Investment Opportunities Market Analysis

    Explore 21 restaurants for sale in Lake Station, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 8,414 square feet of properties for sale, with an estimated market value of $755,000.

    Sale prices for restaurant properties in Lake Station, IN start at $200,000, averaging $251,666, 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 1
    Pubs 1
    Turn key restaurants 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 $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)

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    Browse Restaurants for Sale Near Lake Station, IN

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    Most Searched ZIP Codes in Lake Station, IN

    • 46410
    • 46405
    • 46408
    • 46409

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