Portage, IN
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    Portage, IN Restaurants for Sale

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    Lake Station, IN Valparaiso, IN Burns Harbor, IN
    Portage, IN Development Site
    $650,000
    3.93 Acres
    Portage, IN Development Site

    6340 Melton Road, Portage, IN 46368

    3.93-acre shovel-ready site in a growing commercial corridor.
    • Shovel‑ready 3.93‑acre development site in a high‑growth commercial corridor.
    • Zoned Highway Commercial and located within a TIF District, allowing for diverse commercial uses.
    • Excellent visibility and access to major interstates (I‑94, I‑90) and highways (US‑20, IN‑249).
    • High traffic counts: over 14,000 vehicles per day on Melton Road and 21,000 on Crisman Road.
    • Significant ongoing commercial development in the area.
    Updated: May 31
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    New Construction Starbucks Investment Opportunity
    $2,983,870
    1.16 Acres
    New Construction Starbucks Investment Opportunity

    6051 Central Ave, Portage, IN

    New construction Starbucks in Chicago MSA with long-term lease.
    • Rare long‑term 12‑year lease with 10% rental escalations
    • New construction completed in 2025
    • Tenant is responsible for all day‑to‑day maintenance
    • Investment grade – S&P: BBB+
    • Located at a signalized intersection along Central Avenue in Downtown Portage, minutes from Interstate 80 (79,000 VPD)
    Updated: Sep 26, 2025
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    Based on your search, we've compiled 55 Potential Opportunities for your consideration. Besides 2 Active listings in Portage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 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.

    Turn-Key Pub with Owner Apartment
    $200,000
    3,894 SF
    Turn-Key Pub with Owner Apartment

    Turn-key pub sale includes liquor, gaming, and tobacco licenses plus a 1-bedroom owner unit.

    2808 Dekalb Street, Lake Station, IN 46405

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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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    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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    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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    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.

    Valparaiso Land on Calumet Avenue
    $730,000
    2.19 Acres
    Valparaiso Land on Calumet Avenue

    2.19 acres with frontage on Calumet Avenue in Valparaiso.

    3604 N Calumet Avenue, Valparaiso, IN 46383

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    Commercial Lot with Existing Infrastructure
    $570,240
    86,684 SF
    Commercial Lot with Existing Infrastructure

    Commercial lot with utilities and parking in premium location.

    2510 Cumberland Drive, Valparaiso, IN 46383

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    Valparaiso Land with Existing Infrastructure
    $570,240
    1.99 Acres
    Valparaiso Land with Existing Infrastructure

    Commercial land with utilities and parking in premium location.

    2510 Cumberland Drive, Valparaiso, IN 46383

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    Valparaiso, IN Commercial Land
    $227,383
    1.00 Acre
    Valparaiso, IN Commercial Land

    One-acre commercial lot in a premium, fully developed location.

    2500 Cumberland Drive, Valparaiso, IN 46383

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    Off-Market Properties in Portage, IN

    Consider similar Off-Market properties in Portage, 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.

    5350 Us Hwy 6th 6
    RESTAURANT
    3,418 SF Lot: 1.25 Acres
    Value Estimation by Request

    5350 Us Hwy 6th 6, Portage, IN 46368-8218

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    6231 Us Hwy 6th 6
    RESTAURANT
    4,201 SF Lot: 1.04 Acres
    Value Estimation by Request

    6231 Us Hwy 6th 6, Portage, IN 46368-5056

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    6255 Central Ave
    RESTAURANT
    1,132 SF Lot: 0.31 Acres
    Value Estimation by Request

    6255 Central Ave, Portage, IN 46368-3725

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    6475 Us Hwy 6th 6
    RESTAURANT
    897 SF Lot: 0.69 Acres
    Value Estimation by Request

    6475 Us Hwy 6th 6, Portage, IN 46368-5109

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    2542 Portage Mall
    RESTAURANT
    6,360 SF Lot: 0.46 Acres
    Value Estimation by Request

    2542 Portage Mall, Portage, IN 46368-3006

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    6181 Us Hwy 6th 6
    RESTAURANT
    3,070 SF Lot: 1.29 Acres
    Value Estimation by Request

    6181 Us Hwy 6th 6, Portage, IN 46368-5058

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    5469 Central Ave
    RESTAURANT
    792 SF Lot: 0.41 Acres
    Value Estimation by Request

    5469 Central Ave, Portage, IN 46368-2852

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    5016 Us Hwy 20
    RESTAURANT
    408 SF Lot: 1.77 Acres
    Value Estimation by Request

    5016 Us Hwy 20, Portage, IN 46368-1327

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    6140 Central Ave
    RESTAURANT
    2,040 SF Lot: 0.27 Acres
    Estimated value
    $505,000

    6140 Central Ave, Portage, IN 46368-3602

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    2595 Willowcreek Rd
    RESTAURANT
    3,700 SF Lot: 1.14 Acres
    Value Estimation by Request

    2595 Willowcreek Rd, Portage, IN 46368-3015

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    6120 Us Hwy 20
    RESTAURANT
    5,332 SF Lot: 1.77 Acres
    Value Estimation by Request

    6120 Us Hwy 20, Portage, IN 46368-1317

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    2675 Willowcreek Rd
    RESTAURANT
    Lot: 1.21 Acres
    Value Estimation by Request

    2675 Willowcreek Rd, Portage, IN 46368-3546

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    6171 Us Hwy 20
    RESTAURANT
    5,540 SF Lot: 1.23 Acres
    Value Estimation by Request

    6171 Us Hwy 20, Portage, IN 46368-1316

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    5960 Us Hwy 6th 6
    RESTAURANT
    5,798 SF Lot: 10.52 Acres
    Estimated value
    $505,000

    5960 Us Hwy 6th 6, Portage, IN 46368-4946

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    1665 Olmstead Dr
    RESTAURANT
    5,700 SF Lot: 2.43 Acres
    Value Estimation by Request

    1665 Olmstead Dr, Portage, IN 46368-1696

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    6159 Us Hwy 6th 6
    RESTAURANT
    3,450 SF Lot: 0.95 Acres
    Value Estimation by Request

    6159 Us Hwy 6th 6, Portage, IN 46368-5058

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    6130 Us Hwy 6th 6
    RESTAURANT
    6,736 SF Lot: 2.80 Acres
    Estimated value
    $535,000

    6130 Us Hwy 6th 6, Portage, IN 46368-5059

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    1650 Olmstead Dr
    RESTAURANT
    5,674 SF Lot: 1.62 Acres
    Value Estimation by Request

    1650 Olmstead Dr, Portage, IN 46368-1696

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    6401 Melton Rd
    RESTAURANT
    3,465 SF Lot: 0.69 Acres
    Value Estimation by Request

    6401 Melton Rd, Portage, IN 46368-1220

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    6401 Melton Rd
    RESTAURANT
    Lot: 0.49 Acres
    Value Estimation by Request

    6401 Melton Rd, Portage, IN 46368-1220

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    6310 Ameriplex Dr
    RESTAURANT
    3,781 SF Lot: 1.04 Acres
    Value Estimation by Request

    6310 Ameriplex Dr, Portage, IN 46368-1392

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    6300 Ameriplex Dr
    RESTAURANT
    2,190 SF Lot: 0.98 Acres
    Value Estimation by Request

    6300 Ameriplex Dr, Portage, IN 46368-1392

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    Portage, IN Restaurants Investment Opportunities Market Analysis

    Explore 47 restaurants for sale in Portage, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,633,870.

    Sale prices for restaurant properties in Portage, IN start at $650,000, averaging $1,816,935, and reaching up to $2,983,870 — 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

    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 40K
    Population Growth (5Y) +3.9%
    Median Household Income $72,638
    College Educated 22.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46368 $650K

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $55.69 per SF
    Tax Rate vs County Average 0.33 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Porter County

    New Delisted

    Total CRE Inventory on Market (SF)

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