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$999,970 -$174,730 (-14.87%) Price Reduced
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Property 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 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.
Full Property Details
Full Property Details for 840 S Broad St
General
- Price: $999,970
- Taxes: $13,000 (2023)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 813963
- Updated: 3/25/2026
- Added to Site: 469 day(s) ago
Exterior
- Exterior Features: Other
Location
- County: Lake
- Township: North
- Subdivision: NA
- Driving Directions: Ridge Road East To Broad South
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 5,564
- Year Built: 1965
Lot Features
- Lot Size (Acres): 1.6
- Lot Size (Sq. Ft.): 69,696
- Lot Dimensions: 255 x 180 x 289 x 146
- Lot Features: Corner Lot
- Zoning: Commercial
Financial Considerations
- Tax Amount: $13,000
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: W. 89 FT OF E. 340 FT OF PT E 1/2 SW SW. S.2 T.35 R.9 .368 AC.
- Property ID: 451102352009000006
Listed by McColly Real Estate
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Schools
Schools serving 840 S Broad St
School District:Griffith Public Schools
| Name | Grades | Distance |
|---|---|---|
Griffith Senior High School 600 North Wiggs Street, Griffith, IN 46319 | 6-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 840 S Broad St
Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$999,970
-14.87%
MLS
9/19/2025
Price Reduced
$1,174,700
-2.08%
MLS
2/28/2025
Price Reduced
$1,199,700
-3.85%
MLS
12/13/2024
Listed
$1,247,700
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 840 S Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,032
3%
$30,600
—
2023
$1,002
26%
$30,600
4%
2022
$795
119%
$29,400
151%
2020
$363
-28%
$11,700
—
2019
$503
-2%
$11,700
—
2018
$511
—
$11,700
—
2017
$509
—
$11,700
-43%
2017
$509
-37%
$20,600
-41%
2016
$802
-19%
$35,200
—
2015
$988
-28%
$35,200
—
2013
$1,363
—
$35,200
—
2012
$1,368
—
$35,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 840 S Broad St
840 S Broad Street, Griffith, IN 46319 (MLS# 813963) is a Business property. 840 S Broad Street is currently listed for $999,970 and was received on December 13, 2024. Want to learn more about 840 S Broad Street? Do you have questions about finding other Business real estate for sale in Griffith? You can browse all Griffith real estate or contact a Coldwell Banker agent to request more information.

