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    Griffith, IN Specialty Properties for Sale

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    Highland, IN Gary, IN Schererville, IN Hammond, IN Crown Point, IN Saint John, IN St John, IN Hobart, IN
    Renovated Restaurant with Event Patio
    Updated: Dec 12, 2024
    Renovated Restaurant with Event Patio

    840 S Broad Street, Griffith, IN 46319

    $999,970
    5,564 sqft 1.60 AC lot
    5,564‑square‑foot restaurant on 1.6 acres
    2,000‑square‑foot outdoor patio surrounded by greenery and woods
    Renovated plumbing, electrical, bathrooms, flooring, windows, doors, and HVAC systems
    Private party room and stage area for events and entertainment
    20 beer lines, two walk‑in coolers, and a walk‑in freezer
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    Turnkey Restaurant & Event Venue
    Updated: Dec 13, 2024
    Turnkey Restaurant & Event Venue

    840 S Broad St, Griffith, IN 46319

    $999,970
    1.60 AC lot
    Fully renovated, turnkey restaurant and event venue with extensive upgrades, including new plumbing, electric, and HVAC.
    Enjoy the 2,000 SF outdoor patio, ideal for weddings, private parties, and live music events.
    Flexible layout with private party room and stage, supporting multiple revenue streams from daily dining and private events.
    Key equipment included: 20 beer lines, walk‑in coolers/freezer, commercial hood system, and Ansul fire suppression.
    Proven success as a venue for weddings, private rentals, and full‑property events.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 Active listings in Griffith, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 3 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 School/Special Purpose Building
    Turnkey School/Special Purpose Building

    1150 W 49th Ave, Gary, IN 46408

    $499,000
    11,553 sqft 12.00 AC lot

    Operational 11,553 SF building on 12+ acres in Gary.

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    Specialty Property
    Specialty Property

    731 E 41st Ave, Gary, IN 46409

    $54,900
    3,822 sqft

    Specialty property with a 1947 construction date.

    View details
    Church and Parsonage Property
    Church and Parsonage Property

    3004-40 175th Street, Hammond, IN 46323

    $1,120,000
    24,422 sqft 3.52 AC lot

    Religious facility with an occupied parsonage, basement, open interior layout, and public utilities.

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    Church and Parsonage Property
    Church and Parsonage Property

    3004-40 175th St, Hammond, IN 46323

    $1,120,000
    24,422 sqft 3.51 AC lot

    Church property includes a 4+ bedroom parsonage with separate possession timing.

    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.

    Wooded Recreation Land
    Wooded Recreation Land

    4302 Oak Avenue, Hammond, IN 46327

    $125,000
    2.17 AC lot

    Two wooded parcels with public water and sewer near the Toll Road, US 41, Calumet Avenue, and Wolf Lake Park.

    View details
    C-2 Commercial Land
    C-2 Commercial Land

    6889 E 109th Avenue, Crown Point, IN 46307

    $284,991
    1.32 AC lot

    C-2 zoning supports a range of commercial uses, with public water and sewer serving the site.

    View details
    Land in Tinley Park, IL
    Land in Tinley Park, IL

    16750 Harlem Avenue, Tinley Park, IL 60477

    $579,000
    1.01 AC lot

    Commercial land available for sale in Tinley Park, Illinois.

    View details

    Off-Market Properties in Griffith, IN

    Consider similar Off-Market properties in Griffith, 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.

    233 Ivanhoe Ct
    CHARITABLE ORGANIZATION

    233 Ivanhoe Ct, Griffith, IN 46319-3455

    Estimated value:
    $175,000
    0.89 AC lot
    View details
    1511 Gatlin Dr
    CHARITABLE ORGANIZATION

    1511 Gatlin Dr, Griffith, IN 46319-3461

    Estimated value:
    $175,000
    1.20 AC lot
    View details
    1617 Gatlin Dr
    CHARITABLE ORGANIZATION

    1617 Gatlin Dr, Griffith, IN 46319-3462

    Estimated value:
    $175,000
    1.35 AC lot
    View details
    1609 Gatlin Dr
    CHARITABLE ORGANIZATION

    1609 Gatlin Dr, Griffith, IN 46319-3462

    Estimated value:
    $175,000
    1.08 AC lot
    View details
    1539 Gatlin Dr
    CHARITABLE ORGANIZATION

    1539 Gatlin Dr, Griffith, IN 46319-3461

    Estimated value:
    $175,000
    1.18 AC lot
    View details
    147 Gatlin Dr
    CHARITABLE ORGANIZATION

    147 Gatlin Dr, Griffith, IN 46319-3459

    Estimated value:
    $175,000
    1.24 AC lot
    View details
    1525 Gatlin Dr
    CHARITABLE ORGANIZATION

    1525 Gatlin Dr, Griffith, IN 46319-3461

    Estimated value:
    $175,000
    1.19 AC lot
    View details
    1435 Gatlin Dr
    CHARITABLE ORGANIZATION

    1435 Gatlin Dr, Griffith, IN 46319-3460

    Estimated value:
    $175,000
    1.16 AC lot
    View details
    1441 Gatlin Dr
    CHARITABLE ORGANIZATION

    1441 Gatlin Dr, Griffith, IN 46319-3460

    Estimated value:
    $175,000
    1.15 AC lot
    View details
    Woodlawn
    CHARITABLE ORGANIZATION

    Woodlawn, Griffith, IN 46319

    Estimated value:
    $235,000
    0.79 AC lot
    View details
    1553 Gln Park Ave
    CHARITABLE ORGANIZATION

    1553 Gln Park Ave, Griffith, IN 46319-3801

    Estimated value:
    $250,000
    1.07 AC lot
    View details
    921 Gln Park Ave
    FUNERAL HOME

    921 Gln Park Ave, Griffith, IN 46319-2028

    Estimated value:
    $420,000
    9,060 sqft 1.74 AC lot
    View details
    133 Wright St
    CHARITABLE ORGANIZATION

    133 Wright St, Griffith, IN 46319

    Estimated value:
    $235,000
    0.14 AC lot
    View details

    Griffith, IN Specialty Properties Market Trends and Statistics

    Explore 15 specialty properties for sale in Griffith, IN on our real estate platform. These investment opportunities span a total of 5,564 square feet of properties for sale, with an estimated market value of $1,999,940.

    Sale prices for properties in Griffith, IN average $999,970 — 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

    Wedding venues 2

    Demographics Overview

    Population 18K
    Population Growth (5Y) -0.6%
    Median Household Income $75,976
    College Educated 32.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46319 $1000K

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $34.73 per SF
    Tax Rate vs County Average 0.37 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

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