Merrillville, IN Restaurants for Sale

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Updated: Sep 15, 2025

Turn-Key Pub with Owner Apartment

2808 Dekalb Street, Lake Station, IN 46405

$200,000

3,894 sqft · 0.22 AC lot

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

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Updated: Jul 3

Retail Strip Center with Drive-Thru

399 E 81st Ave, Merrillville, IN 46410

$6,270,000

18,215 sqft · 1.64 AC lot

Century Plaza is a 100% fee simple interest retail strip center in Merrillville, IN, built in 2003.
18,215 SF retail center on approximately 1.64 acres, currently 100% occupied.
Anchored by Panera Bread with a dedicated drive‑thru.
Tenant roster includes nationally recognized brands such as Qdoba and Plato's Closet.
Located at the intersection of East Lincoln Highway and Broadway with combined traffic count over 87,000 vehicles per day.

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Prime Commercial Land Opportunity

3433-39 Grant Street, Gary, IN 46408

$480,000

0.62 AC lot

0.62 acres B-3 zoned land in high-traffic area.

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

Merrillville Development Site For Sale

555 E 84th Drive, Merrillville, IN 46410

$375,000

2.84 AC lot

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

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Turnkey Restaurant with Liquor License

3634 Central Avenue, Lake Station, IN 46405

$350,000

3,250 sqft · 0.08 AC lot

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

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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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Restaurant Pad Ready For Development

6201 Opportunity Ln, Merrillville, IN 46410

$350,000

1.00 AC lot

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

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Restaurant with Drive-Thru Window

1441 E 82nd Ave, Merrillville, IN

Contact for pricing

3,298 sqft · 1.12 AC lot

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

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Single-Tenant Cracker Barrel Investment Opportunity

6200 Opportunity Ln, Merrillville, IN

Contact for pricing

8,327 sqft · 3.04 AC lot

NNN leased Cracker Barrel with 15 years remaining near Chicago.

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Former Restaurant Space Available

1441 e 82nd Ave, Merrillville, IN 46410

Contact for pricing

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

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Former Restaurant Space Available

1441 E 82nd Ave, Merrillville, IN 46410

Contact for pricing

3,298 sqft

Former restaurant space in Northwest Indiana with highway access.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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

840 S Broad Street, Griffith, IN 46319

$999,970

5,564 sqft · 1.60 AC lot

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

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Turnkey Restaurant & Event Venue

840 S Broad Street, Griffith, IN 46319

$1,174,700

5,564 sqft · 1.60 AC lot

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

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Commercial Property on US-30

311 US-30, Schererville, IN 46375

$315,000

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

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Commercial Land Near Residences

2193 Austin Ave, Schererville, IN 46375

$275,000

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

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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.

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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Commercial Lot in Water Tower Park

0-Lot 11 Grant Street, Merrillville, IN 46410

$89,900

1.50 AC lot

Prime commercial land in a growing area near US 30.

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Merrillville Land on US 30

5103 E Lincoln, Merrillville, IN 46410

$749,900

5.15 AC lot

5+ acres on US 30 ready for development.

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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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Off-Market Properties in Merrillville, IN

Consider similar Off-Market properties in Merrillville, 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

740 81st Ave, Merrillville, IN 46410-5537

Value Estimation by Request

7,607 sqft · 1.93 AC lot

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RESTAURANT

4717 Lincoln Hwy, Merrillville, IN 46410-5820

Value Estimation by Request

4,064 sqft · 2.73 AC lot

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RESTAURANT

2225 Lincoln Hwy, Merrillville, IN 46410-5335

Value Estimation by Request

4,992 sqft · 0.69 AC lot

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RESTAURANT

6841 Broadway, Merrillville, IN 46410-3533

Value Estimation by Request

1,800 sqft · 0.29 AC lot

View details

RESTAURANT

8255 Georgia St, Merrillville, IN 46410-6226

Value Estimation by Request

8,215 sqft · 1.83 AC lot

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RESTAURANT

7305 Taft St, Merrillville, IN 46410-4548

Value Estimation by Request

932 sqft · 1.01 AC lot

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RESTAURANT

2060 81st Ave, Merrillville, IN 46410-5337

Value Estimation by Request

2,308 sqft · 0.66 AC lot

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RESTAURANT

7706 Broadway, Merrillville, IN 46410-4722

$505,000

Estimated value

14,388 sqft · 1.06 AC lot

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RESTAURANT

8140 Mississippi St, Merrillville, IN 46410-6326

$1,520,000

Estimated value

5,134 sqft · 1.56 AC lot

View details

RESTAURANT

5891 Broadway, Merrillville, IN 46410-2666

Value Estimation by Request

1,342 sqft · 0.37 AC lot

View details

RESTAURANT

3750 80th Ln, Merrillville, IN 46410-5051

$855,000

Estimated value

9,716 sqft · 0.60 AC lot

View details

RESTAURANT

105 61st Ave, Merrillville, IN 46410-2509

$1,330,000

Estimated value

3,825 sqft · 0.48 AC lot

View details

RESTAURANT

234 81st Ave, Merrillville, IN 46410

$640,000

Estimated value

2,768 sqft · 0.75 AC lot

View details

Merrillville, IN Restaurants Market Trends and Statistics

Explore 68 restaurants for sale in Merrillville, IN, showcased through 11 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 Merrillville, 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

Demographics Overview

Population 39K

Population Growth (5Y) +2.0%

Median Household Income $61,735

College Educated 16.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46410	$362.5K

Taxes & Financing

Tax Rate (average for all types) 2.32%

Property Tax per SF $33.26 per SF

Tax Rate vs County Average 0.75 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

Retail

Property Size Breakdown

The majority of commercial real estate listings in Merrillville fall within the 10,000 to 25,000 square foot range.

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Reach out if you need assistance with Realmo tools or have questions about your listings

Merrillville, IN Restaurants for Sale

2808 Dekalb Street, Lake Station, IN 46405

399 E 81st Ave, Merrillville, IN 46410

3433-39 Grant Street, Gary, IN 46408

555 E 84th Drive, Merrillville, IN 46410

3634 Central Avenue, Lake Station, IN 46405

4489 Broadway, Gary, IN 46409

6201 Opportunity Ln, Merrillville, IN 46410

1441 E 82nd Ave, Merrillville, IN

6200 Opportunity Ln, Merrillville, IN

1441 e 82nd Ave, Merrillville, IN 46410

1441 E 82nd Ave, Merrillville, IN 46410

Opportunities in Nearby Cities

840 S Broad Street, Griffith, IN 46319

840 S Broad Street, Griffith, IN 46319

311 US-30, Schererville, IN 46375

2193 Austin Ave, Schererville, IN 46375

Potential Development Sites for Consideration

0-Lot 12 Grant Street, Merrillville, IN 46410

0-Lot 11 Grant Street, Merrillville, IN 46410

5103 E Lincoln, Merrillville, IN 46410

6520 W Lincoln Highway, Schererville, IN 46375

Off-Market Properties in Merrillville, IN

740 81st Ave, Merrillville, IN 46410-5537

4717 Lincoln Hwy, Merrillville, IN 46410-5820

2225 Lincoln Hwy, Merrillville, IN 46410-5335

6841 Broadway, Merrillville, IN 46410-3533

8255 Georgia St, Merrillville, IN 46410-6226

7305 Taft St, Merrillville, IN 46410-4548

2060 81st Ave, Merrillville, IN 46410-5337

7706 Broadway, Merrillville, IN 46410-4722

8140 Mississippi St, Merrillville, IN 46410-6326

5891 Broadway, Merrillville, IN 46410-2666

3750 80th Ln, Merrillville, IN 46410-5051

105 61st Ave, Merrillville, IN 46410-2509

234 81st Ave, Merrillville, IN 46410

Merrillville, 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

Property Size Breakdown

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