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$964,900

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5,564 SqFt

New

840 S Broad ST Griffith, IN 46319

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Eliana Matos

homeswitheliana@gmail.com +1(239) 248-7836

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,564 sqft

Price per Sqft $173

Subdivision Na

MLS Listing ID 847797

HOA Y/N No

Year Built 1964

Annual Tax Amount $12,527

Tax Year 2024

Lot Size 1.232 Acres

Acres 1.232

Property Sub-Type Retail

Property Description

An outstanding opportunity awaits at 840 S Broad Street in Griffith! Offering approximately 5,564 square feet of substantially renovated commercial space on approximately 1.23 acres, this property presents an exciting opportunity for entrepreneurs, investors, and business owners looking to establish, expand, or reposition a commercial venture in Northwest Indiana. Following their acquisition, the current owners completely gutted and renovated the building, incorporating significant improvements including updated plumbing and electrical systems, renovated bathrooms, new flooring, windows and doors, and four HVACunits with new ductwork. Currently configured as a bar and restaurant, the interior features a spacious main dining area, a separate private dining and entertainment room, and an established bar area. Combined, the two dining areas offer seating for more than 150 guests, providing flexibility for restaurantoperations, private parties, special events, and other hospitality concepts. One of the property's standout features is its approximately 2,000-square-foot outdoorpatio, offering additional seating for more than 100 guests. The covered patio, surrounded by mature trees and natural greenery, creates an inviting atmosphere for outdoor dining, private gatherings, seasonal entertainment, and special events. With approximately 100 parking spaces, the property offers substantial on-site parking for patrons, employees, and event guests. For buyers interested in reopening a bar, restaurant, or entertainment venue, the existing layout andimprovements provide an excellent starting point. Investors and entrepreneurs considering alternative commercial uses will also appreciate the building's size,layout, parking capacity, and flexibility. Potential alternative uses are subject to zoning, permitting, and applicable municipal approvals. The sale includes the real estate only. The existing operating business is NOT included.

Location

State IN

County Lake

Interior

Interior Features Entrance Foyer, Open Floorplan

Heating Central

Fireplace N

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Oversized, Asphalt, Paved

View Y/N true

View Other

Accessibility Accessible Approach with Ramp

Handicap Access Accessible Approach with Ramp

Building

Lot Description Corner Lot, Near Public Transit

Sewer Public Sewer

Water Public

Others

Tax ID 451102352010000006

Security Features Smoke Detector(s),Security System

Acceptable Financing NRA20261102195627338025000000

Listing Terms NRA20261102195627338025000000

Listed by Exit Strategy Realty • Nicholas Libert

Nearby Locations

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Eliana Matos

Agent License ID: RB26001020

+1(239) 248-7836