Wedding Venue

Griffith, IN Wedding Venues for Sale

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Highland, IN Gary, IN Schererville, IN Hammond, IN Crown Point, IN Saint John, IN Dyer, 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.
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Griffith, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Wedding Venue with Two Banquet Rooms
Wedding Venue with Two Banquet Rooms

8200 S Cicero Avenue, Burbank, IL 60459

$2,100,000
2.00 AC lot

Banquet facilities include separate service bars, a bakery, and a garden setting for event photography.

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Wedding Venue with Event Capacity
Wedding Venue with Event Capacity

2701 W 87th Street, Evergreen Park, IL 60805

$599,900
0.22 AC lot

Finished event venue with liquor license, basement storage, parking, and separate men’s and women’s restrooms.

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Martinique Banquet Venue
Martinique Banquet Venue

8200 S Cicero Ave, Burbank, IL 60459

$2,100,000
16,400 sqft 2.00 AC lot

Established event property with multiple reception spaces, hospitality amenities, and on-site parking.

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Wedding Venue Property
Wedding Venue Property

2701 W 87th Street, Evergreen Park, IL 60805

$599,900

For-sale wedding venue located at 2701 W 87th Street in Evergreen Park.

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Griffith, IN Wedding Venues Market Trends and Statistics

Explore 2 wedding venues 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 event centers 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
Churches & religious facilities 1
NNN properties 1

Demographics Overview

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

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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