840 S Broad Street
Griffith, IN, 46319 $ 964,900
Bedrooms-- Baths-- Sq 5,564 Monthly Estimate*
$ 6,664
for $964,900. This 5,564 square foot building was built in 1964 on a lot size of 1.232.
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.
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FeaturesInteriorInterior Amenities Entrance Foyer Open Floorplan
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GeneralSewer Public Sewer
Heating Central
Utilities Cable Available Water Connected Sewer Connected Electricity Connected Electricity Available
Security Features Smoke Detector(s) Security System
Year Built 1964
Electric 200+ Amp Service
View Other
Township North
Property Subtype Retail
Tax Year 2024
Accessibility Accessible Approach with Ramp
County Lake
Property Type Commercial Sale
Subdivision Name NA
Building Features Meeting Room Exterior Lighting Patio Public Restrooms
Status Active
Directions Take Ridge Road East To Broad South
City Griffith
Lot Size Square Feet 53666
Listing Terms Cash Conventional
Tax Annual Amount 12527
Standard Status Active
Legal Description PARCEL IN. SW. SW. 255 X 180 X 289 X 146 X 48.8 FT EX. W. 89 FT S.2 T.35 R.9 1.2 32 AC.
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ExteriorExterior Amenities Lighting Rain Gutters
Parking Features Oversized Asphalt Paved
Lot Features Corner Lot Near Public Transit
Water Source Public
Total Parking 100
Lot Size Acres 1.232
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByNicholas LibertListing Agent
Exit Strategy RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,664
- Monthly Property Taxes
- $1,044
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Griffith, IN
Average List Price $823,450
Percent of Sale Price 15%
About Griffith, IN 16,213 Population
-7% Since 2002
$ 55,673 Median Income
37.7 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/4/2026 | $964,900 | | Listed Price |