Restaurants

Portage, IN Restaurants for Sale

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Lake Station, IN Valparaiso, IN Burns Harbor, IN Hobart, IN Porter, IN Chesterton, IN Dune Acres, IN Beverly Shores, IN
6 properties
Bar and Pub with Patio
Updated: Jun 12
Bar and Pub with Patio

2385 Willowcreek Road, Portage, IN 46368

$2,100,000
7,566 sqft 1.38 AC lot
7,566 SF building on 1.38 acres
Nearly 1,700 SF of rentable space
Bar and restaurant business, fixtures, and 3‑way liquor license included
Roll‑up garage door windows open to an outdoor patio
Paved parking lot with 60 spaces
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Turn-Key Bar and Restaurant
Updated: Jun 12
Turn-Key Bar and Restaurant

2385 Willowcreek Road, Portage, IN 46368

$2,100,000
7,566 sqft
7,566 SF building built in 1980 with nearly 1,700 SF of rentable space
Bar/restaurant includes roll‑up garage door windows that open to an outdoor patio
Sale includes a thriving business, all fixtures, and a valuable 3‑way liquor license
Large walk‑in cooler plus paved parking lot with 60 spaces
Located on Willowcreek Road just off the Indiana Toll Road exit in a high‑traffic area
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7 Brew Drive-Through Restaurant
7 Brew Drive-Through Restaurant

6283 US Hwy 6, Portage, IN 46368

$1,951,220
510 sqft

The property includes dual drive-through lanes and a 15-year NNN ground lease.

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See hot listings in Portage

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Commercial Land on a Highway Corridor
Commercial Land on a Highway Corridor

5016 Melton Rd, Portage, IN 46368

$1,250,000
408 sqft

A commercial site with a nearby traffic signal and connections to I-94 and the Indiana Toll Road.

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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.

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Hooters Absolute NNN Property
Hooters Absolute NNN Property

1665 Olmstead Dr, Portage, IN 46368

$2,980,000

Built in 2017 for the restaurant brand, the single-tenant property has scheduled rent increases and four five-year renewal options.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 6 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.

Renovated Two-Story Restaurant
Renovated Two-Story Restaurant

321 Broadway, Chesterton, IN 46304

$459,000
1,744 sqft

Commercial kitchen, dual-level dining, and outdoor seating support a range of restaurant concepts.

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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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Unique Train Car Restaurant Opportunity
Unique Train Car Restaurant Opportunity

301 Grant Ave, Chesterton, IN 46304

$450,000
6,236 sqft

Own and operate a business in four train cars!

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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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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 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.

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Commercial Land with Parking
Commercial Land with Parking

2510 Cumberland Drive, Valparaiso, IN 46383

$570,240
1.99 AC lot

General Commercial zoning, on-site water availability, parking, entry signage, and curb are already in place.

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Commercial Land with General Commercial Zoning
Commercial Land with General Commercial Zoning

2500 Cumberland Drive, Valparaiso, IN 46383

$227,383
1.00 AC lot

General Commercial zoning accommodates retail, restaurant, banking, medical, service, grocery, and other commercial uses.

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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.

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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

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

Estimated value:
$250,000
3,418 sqft 1.25 AC lot
View details
6231 Us Hwy 6th 6
RESTAURANT

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

Estimated value:
$330,000
4,201 sqft 1.04 AC lot
View details
6255 Central Ave
RESTAURANT

6255 Central Ave, Portage, IN 46368-3725

Estimated value:
$250,000
1,132 sqft 0.31 AC lot
View details
6475 Us Hwy 6th 6
RESTAURANT

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

Estimated value:
$230,000
897 sqft 0.69 AC lot
View details
2542 Portage Mall
RESTAURANT

2542 Portage Mall, Portage, IN 46368-3006

Estimated value:
$355,000
6,360 sqft 0.46 AC lot
View details
6181 Us Hwy 6th 6
RESTAURANT

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

Estimated value:
$315,000
3,070 sqft 1.29 AC lot
View details
5469 Central Ave
RESTAURANT

5469 Central Ave, Portage, IN 46368-2852

Estimated value:
$75,000
792 sqft 0.41 AC lot
View details
5016 Us Hwy 20
RESTAURANT

5016 Us Hwy 20, Portage, IN 46368-1327

Estimated value:
$240,000
408 sqft 1.77 AC lot
View details
6140 Central Ave
RESTAURANT

6140 Central Ave, Portage, IN 46368-3602

Estimated value:
$680,000
2,040 sqft 0.27 AC lot
View details
2595 Willowcreek Rd
RESTAURANT

2595 Willowcreek Rd, Portage, IN 46368-3015

Estimated value:
$245,000
3,700 sqft 1.14 AC lot
View details
6120 Us Hwy 20
RESTAURANT

6120 Us Hwy 20, Portage, IN 46368-1317

Estimated value:
$295,000
5,332 sqft 1.77 AC lot
View details
2675 Willowcreek Rd
RESTAURANT

2675 Willowcreek Rd, Portage, IN 46368-3546

Estimated value:
$245,000
1.21 AC lot
View details
6171 Us Hwy 20
RESTAURANT

6171 Us Hwy 20, Portage, IN 46368-1316

Estimated value:
$290,000
5,540 sqft 1.23 AC lot
View details
5960 Us Hwy 6th 6
RESTAURANT

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

Estimated value:
$505,000
5,798 sqft 10.52 AC lot
View details
1665 Olmstead Dr
RESTAURANT

1665 Olmstead Dr, Portage, IN 46368-1696

Estimated value:
$450,000
5,700 sqft 2.43 AC lot
View details
6159 Us Hwy 6th 6
RESTAURANT

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

Estimated value:
$310,000
3,450 sqft 0.95 AC lot
View details
6130 Us Hwy 6th 6
RESTAURANT

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

Estimated value:
$535,000
6,736 sqft 2.80 AC lot
View details
1650 Olmstead Dr
RESTAURANT

1650 Olmstead Dr, Portage, IN 46368-1696

Estimated value:
$485,000
5,674 sqft 1.62 AC lot
View details

Portage, IN Restaurants Market Trends and Statistics

Explore 51 restaurants for sale in Portage, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,458 square feet of properties for sale, with an estimated market value of $11,631,220.

Sale prices for restaurant properties in Portage, IN start at $1,250,000, averaging $1,938,536, and reaching up to $2,980,000 — 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 5
Bars & Pubs 2
Coffee shops 1
Drive through 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 $2.1M

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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