Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 813963MLS Provider

840 S Broad StreetGriffith, IN 46319

Commercial · 5,564 Sq. ft. | 1.60 Acres
$999,970 Active

840 S Broad Street Overview

Time on Site:
564 days
Visits:
3

Rare Opportunity - Fully Renovated Restaurant with Event-Ready Patio This property offers a unique chance to own a turnkey restaurant and event venue in a prime location. The current owners gutted the building to the studs and invested heavily in upgrades: new plumbing, electric, bathrooms, flooring, windows, doors, and all four HVAC units with ductwork. SMART siding carries a 20+ year warranty, and the roof is approximately 12 years old. Standout Feature - 2,000 SF Outdoor Patio Surrounded by lush greenery and woods Rock area for bags, games, or overflow seating Gas fire pits create year-round atmosphere Perfect for weddings, private parties, and live music events Key Equipment & Infrastructure (included, open to negotiation): 20 beer lines Two walk-in coolers Walk-in freezer Commercial hood system Full Ansul fire suppression system Flexible Layout for Multiple Revenue Streams Inside, the property includes a private party room ideal for events, while the stage setup supports live music and entertainment. The venue has already proven itself as a successful site for weddings, private rentals, and full-property events -- with the patio rented out while the main dining room remains open to the public. Whether you're bringing your current concept or launching a new venture, this property is designed to generate revenue from both daily dining and high-margin private events. Schedule your private showing today -- this opportunity won't last.

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840 S Broad Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,564
  • Price/Sq.ft. $180
  • Lot 1.60 Acres

Details

General

Association/HOA

  • Common Interest: None

Building Information

  • Year Built: 1965

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: NA
  • Township: North

Tax Information

  • Tax Annual Amount: 13000
  • Tax Year: 2023

General Information

  • Exclusions: Buyer to verify any and all requirements and use with the Town and Building Codes
  • Listing Terms: Cash,Conventional
  • Parcel Number: 451102352009000006
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: Agent Owned

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Basement: false
  • Building Features: Meeting Room,Suspended Ceiling(s),Exterior Lighting,Patio,Public Restrooms
  • Electric: Other
  • Heating: Forced Air,Natural Gas
  • Living Area: 5564

Exterior

Parking Information

  • Parking Total: 100

Lot Information

  • Additional Parcels: true
  • Lot Features: Corner Lot
  • Lot Size Acres: 1.6
  • Lot Size Dimensions: 255x180x289x146
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 69696
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Exterior Features: Other
  • Fencing: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

840 S Broad Street Neighborhood

Community

46319 (Griffith) Demographics

39
Median Age
1,870
Population Density (per sq. mile)
28%
College Educated
$61,526
Estimated Median Income
5,327
Estimated Total Home Owners
1,973
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

840 S Broad Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

840 S Broad Street Market Data

Based on the last 30 days in this zip code

$268,287
Average List Price
$154
Average Price per Square Foot
19
Properties Sold
58
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network

840 S Broad Street History

Date Event Value Agent
3/25/2026Source: Northwest Indiana MLS Price Reduction
$999,970 -14.9%
9/19/2025Source: Northwest Indiana MLS Price Reduction
$1,174,700 -2.1%
2/28/2025Source: Northwest Indiana MLS Price Reduction
$1,199,700 -3.8%
12/12/2024Source: Northwest Indiana MLS Added to Database
December 12, 2024