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$450,000
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Property Description
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.
Full Property Details
Full Property Details for 3634 Central Ave
General
- Price: $450,000
- Taxes: $4,403 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 820900
- Updated: 12/12/2025
- Added to Site: 265 day(s) ago
Interior
- Interior Features: Wet Bar
- Appliances: Disposal, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave
Exterior
- Exterior Features: Other
Parking
- Parking Features: Paved
Location
- County: Lake
- Township: Hobart
- Subdivision: Petersons Add 02
- Driving Directions: 80/94 to N Ripley, right before light turn by Dunkin parking in back.
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Square Feet: 3,250
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.078
- Lot Size (Sq. Ft.): 3,398
Financial Considerations
- Tax Amount: $4,403
- Tax Year: 2024
- Terms: Cash, Other, FHA, Conventional
Disclosures and Reports
- Legal Description: PETERSON'S 2ND ADD. E. GARY LOT 12 EXCEPT SO.3FT.
- Property ID: 450916152021000021
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Schools
Schools serving 3634 Central Ave
School District:Lake Station Community Schools
| Name | Grades | Distance |
|---|---|---|
Thomas A Edison Jr-Sr High School 3304 Parkside Avenue, Lake Station, IN 46405 | 7-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3634 Central Ave
Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$450,000
-18.18%
MLS
7/28/2025
Price Reduced
$550,000
-8.33%
MLS
5/16/2025
Listed
$600,000
—
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 3634 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,860
-5%
$102,600
59%
2023
$3,012
31%
$64,700
—
2022
$2,297
-32%
$64,900
8%
2020
$3,393
34%
$60,300
2%
2019
$2,531
—
$59,400
3%
2019
$2,531
-2%
$57,800
3%
2018
$2,592
1%
$56,200
3%
2017
$2,569
—
$54,400
1%
2017
$2,569
15%
$53,700
-1%
2016
$2,227
18%
$54,300
4%
2015
$1,884
—
$52,000
—
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 3634 Central Ave
3634 Central Avenue, Lake Station, IN 46405 (MLS# 820900) is a Business property. 3634 Central Avenue is currently listed for $450,000 and was received on May 16, 2025. Want to learn more about 3634 Central Avenue? Do you have questions about finding other Business real estate for sale in Lake Station? You can browse all Lake Station real estate or contact a Coldwell Banker agent to request more information.

