Portage, IN Restaurants for Sale

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Valparaiso, IN Lake Station, IN Burns Harbor, IN Chesterton, IN Hobart, IN Porter, IN Glen Carbon, IL Crown Point, IN

Updated: Jun 12

Turn-Key Bar Restaurant Facility

2385 Willowcreek Road, Portage, IN 46368

$2,100,000

7,566 sqft 1.38 AC lot

7,566 SF building with nearly 1,700 SF of rentable space
Sale includes a thriving business, all fixtures, and a valuable 3‑way liquor license
Roll‑up garage door windows open the bar/restaurant to an outdoor patio for indoor‑outdoor flow
Large walk‑in cooler and wet bar; open floorplan with ceiling fan(s)
Paved parking lot with 60 spaces

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This listing looks promising.

Here's a quick look at some key insights for

2385 Willowcreek Road, Portage, IN 46368

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Est. Cap Rate

7%
Above avg (5.9%)
Est. NOI

$148K
Annual
Mortgage

$343K
Jun 2017
Property Type

Retail Stores
Built 1980

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Updated: Jun 15

Turn-Key Bar and Restaurant

2385 Willowcreek Road, Portage, IN 46368

Contact for pricing

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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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.

Train Car Restaurant and Bar

301 Grant Avenue, Chesterton, IN 46304

$450,000

6,236 sqft 0.79 AC lot

Four connected train cars include an on-site deck and public restrooms, positioned across the tracks in Chesterton.

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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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Unique Train Car Restaurant Opportunity

301 Grant Ave, Chesterton, IN 46304

$450,000

0.79 AC lot

Own and operate a business in four train cars!

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Restaurant and Bar with Paved Parking

1233 Central Ave, Lake Station, IN 46405

Contact for pricing

Turnkey bar and grill with remodeled interior, rubber roof, two A/C units, and rear paved parking area.

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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 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 Lot with Existing Infrastructure

2510 Cumberland Drive, Valparaiso, IN 46383

$570,240

86,684 sqft 1.99 AC lot

Commercial lot with utilities and parking in premium location.

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Valparaiso Land with Existing Infrastructure

2510 Cumberland Drive, Valparaiso, IN 46383

$570,240

1.99 AC lot

Commercial land with utilities and parking in premium location.

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Valparaiso, IN Commercial Land

2500 Cumberland Drive, Valparaiso, IN 46383

$227,383

1.00 AC lot

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

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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.

RESTAURANT

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

Value Estimation by Request

3,418 sqft 1.25 AC lot

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RESTAURANT

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

Value Estimation by Request

4,201 sqft 1.04 AC lot

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RESTAURANT

6255 Central Ave, Portage, IN 46368-3725

Value Estimation by Request

1,132 sqft 0.31 AC lot

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RESTAURANT

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

Value Estimation by Request

897 sqft 0.69 AC lot

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RESTAURANT

2542 Portage Mall, Portage, IN 46368-3006

Value Estimation by Request

6,360 sqft 0.46 AC lot

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RESTAURANT

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

Value Estimation by Request

3,070 sqft 1.29 AC lot

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RESTAURANT

5469 Central Ave, Portage, IN 46368-2852

Value Estimation by Request

792 sqft 0.41 AC lot

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RESTAURANT

5016 Us Hwy 20, Portage, IN 46368-1327

Value Estimation by Request

408 sqft 1.77 AC lot

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RESTAURANT

6140 Central Ave, Portage, IN 46368-3602

$505,000

Estimated value

2,040 sqft 0.27 AC lot

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RESTAURANT

2595 Willowcreek Rd, Portage, IN 46368-3015

Value Estimation by Request

3,700 sqft 1.14 AC lot

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RESTAURANT

6120 Us Hwy 20, Portage, IN 46368-1317

Value Estimation by Request

5,332 sqft 1.77 AC lot

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RESTAURANT

2675 Willowcreek Rd, Portage, IN 46368-3546

Value Estimation by Request

1.21 AC lot

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RESTAURANT

6171 Us Hwy 20, Portage, IN 46368-1316

Value Estimation by Request

5,540 sqft 1.23 AC lot

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RESTAURANT

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

$505,000

Estimated value

5,798 sqft 10.52 AC lot

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RESTAURANT

1665 Olmstead Dr, Portage, IN 46368-1696

Value Estimation by Request

5,700 sqft 2.43 AC lot

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RESTAURANT

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

Value Estimation by Request

3,450 sqft 0.95 AC lot

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RESTAURANT

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

$535,000

Estimated value

6,736 sqft 2.80 AC lot

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RESTAURANT

1650 Olmstead Dr, Portage, IN 46368-1696

Value Estimation by Request

5,674 sqft 1.62 AC lot

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RESTAURANT

6401 Melton Rd, Portage, IN 46368-1220

Value Estimation by Request

3,465 sqft 0.69 AC lot

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RESTAURANT

6401 Melton Rd, Portage, IN 46368-1220

Value Estimation by Request

0.49 AC lot

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RESTAURANT

6310 Ameriplex Dr, Portage, IN 46368-1392

Value Estimation by Request

3,781 sqft 1.04 AC lot

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RESTAURANT

6300 Ameriplex Dr, Portage, IN 46368-1392

Value Estimation by Request

2,190 sqft 0.98 AC lot

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Portage, IN Restaurants Market Trends and Statistics

Explore 47 restaurants for sale in Portage, IN on our real estate platform. These investment opportunities span a total of 15,132 square feet of properties for sale, with an estimated market value of $2,100,000.

Sale prices for restaurant properties in Portage, IN average $2,100,000 — 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 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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Portage, IN Restaurants for Sale

2385 Willowcreek Road, Portage, IN 46368

2385 Willowcreek Road, Portage, IN 46368

Opportunities in Nearby Cities

301 Grant Avenue, Chesterton, IN 46304

3634 Central Avenue, Lake Station, IN 46405

301 Grant Ave, Chesterton, IN 46304

1233 Central Ave, Lake Station, IN 46405

Potential Development Sites for Consideration

5103 E Lincoln, Merrillville, IN 46410

2510 Cumberland Drive, Valparaiso, IN 46383

2510 Cumberland Drive, Valparaiso, IN 46383

2500 Cumberland Drive, Valparaiso, IN 46383

Off-Market Properties in Portage, IN

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

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

6255 Central Ave, Portage, IN 46368-3725

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

2542 Portage Mall, Portage, IN 46368-3006

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

5469 Central Ave, Portage, IN 46368-2852

5016 Us Hwy 20, Portage, IN 46368-1327

6140 Central Ave, Portage, IN 46368-3602

2595 Willowcreek Rd, Portage, IN 46368-3015

6120 Us Hwy 20, Portage, IN 46368-1317

2675 Willowcreek Rd, Portage, IN 46368-3546

6171 Us Hwy 20, Portage, IN 46368-1316

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

1665 Olmstead Dr, Portage, IN 46368-1696

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

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

1650 Olmstead Dr, Portage, IN 46368-1696

6401 Melton Rd, Portage, IN 46368-1220

6401 Melton Rd, Portage, IN 46368-1220

6310 Ameriplex Dr, Portage, IN 46368-1392

6300 Ameriplex Dr, Portage, IN 46368-1392

Portage, 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)

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