3634 Central Avenue Lake Station, IN ^$ 450,000

3634 Central Avenue

^$ 450,000

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3634 Central Avenue

Lake Station, IN, 46405

^$ 450,000

Bedrooms-- Baths-- Sq 3,250

Monthly Estimate*

^$ 2,807

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Commercial Property for sale in Lake Station, IN

for $450,000. This 3,250 square foot building was built in 1945 on a lot size of 0.078.

Turnkey Restaurant w/ 3-Way Liquor License - Fully Equipped & Remodeled - Incredible opportunity to own a fully renovated restaurant in a prime location. Sale includes all kitchen equipment, materials, furnishings, and a valuable 3-way liquor license. The building features a newly remodeled kitchen, bathrooms, and signage, plus a welcoming pergola-covered outdoor seating area. Ideal for owner-operators or investors.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 4,403

Style

Business

Lot Size

0.078

Year Built

1945

Town/City

Lake Station

County/Region

Lake

MLS | Web ID

820900

Features

Interior

Interior Amenities Wet Bar

General

Sewer Public Sewer

Heating Natural Gas

Utilities Cable Connected Water Connected Other Natural Gas Connected Electricity Connected

Appliances Disposal Stainless Steel Appliance(s) Range Hood Refrigerator Microwave

Security Features Carbon Monoxide Detector(s) Fire Hydrant On Site Security System Security Lights Smoke Detector(s) Other Fire Alarm

Year Built 1945

Electric 200+ Amp Service

Township Hobart

Property Subtype Business

Tax Year 2024

County Lake

Property Type Commercial Sale

Subdivision Name Petersons Add 02

Building Features Public Restrooms Enclosed Stair(s) Patio

Status Active

Directions 80/94 to N Ripley right before light turn by Dunkin parking in back.

City Lake Station

Lot Size Square Feet 3398

Listing Terms Cash Other FHA Conventional

Tax Annual Amount 4403

Standard Status Active

Legal Description PETERSON'S 2ND ADD. E. GARY LOT 12 EXCEPT SO.3FT.

Exterior

Exterior Amenities Other

Parking Features Paved

Water Source Public

Total Parking 45

Lot Size Acres 0.078

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Christine Coughlin

Listing Agent

Listing Leaders

Broker

nwi.broker.chris@gmail.com

Affordability Calculator

$3,174

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $367
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake Station, IN

Average List Price ^$317,667

Percent of Sale Price 29%

About Lake Station, IN

11,981 Population

-11% Since 2002

^$42,017 Median Income

37.57 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$450,000	-18.18%	Price Down
7/28/2025	$550,000	-8.33%	Price Down
5/16/2025	$600,000		Listed Price

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3634 Central Avenue, Lake Station, IN, 46405 is a Commercial Property for sale at $450,000 with 3,250 sqft and a lot size of 0.078. 3634 Central Avenue was built in 1945. The property's zip code is 46405 which is in Lake Station, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/25/2025.

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3634 Central Avenue

Commercial Property for sale in Lake Station, IN

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