840 S Broad Street, Griffith, IN 46319

$999,970
Property Type: Commercial Sale Square Footage: 5,564 Lot Size (sq. ft.): 69,696 Status: Active
Current Price: $999,970 List Date: 12/12/2024 Last Modified: 3/25/2026

Overview

Description

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 ...

Listing Details MLS# 813963

General Property Information

Number Of Units Total
Yes
Living Area
5564
Building Area Source
Assessor
Accessibility Features YN
No
Year Built
1965
Parking Total
100
Lot Size Acres
1.6
Lot Size Square Feet
69696
Lot Size Source
Assessor
Lot Size Dimensions
255x180x289x146
Waterfront YN
No
Basement YN
No

Property Features

Building Features: Exterior Lighting; Meeting Room; Patio; Public Restrooms; Suspended Ceiling(s) Construction Materials: Brick; Stucco Cooling: Central Air Current Use: Mixed Use Electric: Other Exterior Features: Other Fencing: None Flooring: Carpet; Tile; Other Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Corner Lot Owner Pays: All Utilities Possession: Negotiable Possible Use: Commercial; Mixed Use Rail Availability: None Road Frontage Type: City Street Sewer: Public Sewer Special Licenses: Liquor; Other Special Listing Conditions: Agent Owned / Interest Tenant Pays: See Remarks Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Showing Service

Contract Information

Auction YN
No
Original List Price
1247700
Property Sub Type
Business
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
Yes
Common Interest
None
Occupant Type
Owner

Location Tax and Legal

Street Number
840
Street Direction Prefix
S
Street Name
Broad
Street Suffix
Street
County
Lake
State
IN
Postal Code
46319
Subdivision Name
NA

Remarks and Miscellaneous

Public Remarks
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.
Exclusions
Buyer to verify any and all requirements and use with the Town and Building Codes

Status Change Information

Major Change Timestamp
2026-03-25T18:20:45Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-03-25T18:20:45Z
Status Change Timestamp
2024-12-12

More Information

Exemption Information

Exemption YN
Yes
Exemptions
na

Showing Requirements

Showing Instructions
Reach out to Wendy 219 776 0408
Showing Service
Yes

Location, Tax, and Legal

Tax Annual Amount
13000
Tax Year
2023
Tax Legal Description
W. 89 FT OF E. 340 FT OF PT E 1/2 SW SW. S.2 T.35 R.9 .368 AC.
Parcel Number
451102352009000006
Additional Parcels YN
Yes
Additional Parcels Description
451102352010000006
Zoning Description
Commercial
Township
North
Directions
Ridge Road East To Broad South
Census Tract
409

Construction Materials

Brick
Yes
Stucco
Yes

Cooling

Central Air
Yes

Electric

Other
Yes

Exterior Features

Other
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Tile
Yes
Other
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Corner Lot
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Agent Owned / Interest
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Owner Pays

All Utilities
Yes

Tenant Pays

See Remarks
Yes

Current Use

Mixed Use
Yes

Possible Use

Commercial
Yes
Mixed Use
Yes

Building Features

Exterior Lighting
Yes
Meeting Room
Yes
Patio
Yes
Public Restrooms
Yes
Suspended Ceiling(s)
Yes

Rail Availability

None
Yes

Special Licenses

Liquor
Yes
Other
Yes
Listing Office: McColly Real Estate
Last Updated: March - 25 - 2026
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