Courtesy: EXIT Strategy Realty
312-554-5478
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 HVAC units 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 restaurant operations, private parties, special events, and other hospitality concepts. One of the property's standout features is its approximately 2,000-square-foot outdoor patio, 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 and improvements 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. Certain restaurant and bar equipment may be available for purchase through separate negotiation, depending on the terms of the offer. Conveniently located on South Broad Street in Griffith, the property offers access to Cline Avenue and the I-80/94 corridor, connecting it to surrounding Northwest Indiana communities and the greater Chicagoland market. Whether you're envisioning a new restaurant concept, an entertainment destination, a private event venue, or another commercial venture, this property offers the space, improvements, and versatility to bring your vision to life. Don't miss the opportunity to explore the possibilities!
Take advantage of this exceptional opportunity to acquire a fully equipped restaurant, bar space or retail space located in a prime commercial *C/1 Building C01* This property is perfect for entrepreneurs looking to establish or expand their business in the food, beverage and retail industry. Comprehensive bar equipment: Includes a 32 foot granite bar, 3 compartment washing sanitizer sinks, 2 station sinks, bar stools, tables, tv's, stock, glasses, 4 keg beer system and a 3 U Accept Cash Registers. VIP area. This setup ensures a seamless service experience for customers. Restaurant Equipment: A fully functional kitchen equipped with essential appliances to deliver high quality meals: ( Model 78 Fish AJ Fish Oven CO Brand) Bread Pizza Oven: ideal for crafting artisanal pizzas and bread. (Baxter Cooler Air Proof for bread/pizza dough. Deep fryer and 3 grills, 2 ovens and a condiment station for a diverse menu, catering, anniversary, birthday parties *Occupancy Code was 280 people* this could change with the next application? Check with the fire marshal. Commercial Auto Chlor Dishwasher: ensures efficient cleanup, maintaining hygiene standards. Storage: Walk -In Cooler: ample space to store perishables, ensuring freshness and quality. Additional refrigerators to suit various kitchen needs. There are 6 handicapped bathrooms. The seller is also offering consulting period of 60 days to guide the new owner with their business concepts, ensuring a smooth transition and potential for immediate success. This valuable support can help leverage existing knowledge for anyone looking to start in the restaurant industry. Restaurant was in operation from 1948 - 10/2023. Sellers are retiring. No current active restaurant or liquor license. Any county/town licensing requirement will be the buyer's sole responsibility. Ample street public parking. This commercial property is your chance to own and operate a business in a high traffic area.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Griffith is located in Indiana. Griffith, Indiana has a population of 16,213. Griffith is more family-centric than the surrounding county with 29.12% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Griffith, Indiana is $64,265. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Griffith is 37.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 38.8 inches per year, with 32.3 inches of snow per year.
