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840 S Broad St 5,564 SF 100% Leased Retail Building Griffith, IN 46319 $1,199,700 ($215.62/SF)
EXECUTIVE SUMMARY
For Sale: Prime Commercial Property – Turnkey Opportunity!
**$1,199,700** – Now is the time to secure this **fully upgraded** commercial property in a **high-traffic, central location**!
**Property Highlights:**
**5,564 Sq. Ft.** commercial space on **1-acre lot**
**Complete Gut Renovation** – Building taken to the studs and rebuilt!
**ALL NEW**:
- **Flooring & Bathrooms**
- **Plumbing & Electrical Systems**
- **4 HVAC Units & Ductwork**
- **SMART Siding (20+ year warranty)**
- **Windows & Doors**
**Updated Parking Lot & Outdoor Enhancements**:
- New **Patio, Rock Area, & Garbage Corral**
**Roof** – Approx. **12 years old**
**Endless Buiness Possibilities!**
Currently home to **Shipwreck Restaurant** (business still operating), this property is ideal for a **restaurant, retail space, office, or any commercial venture** looking for a **modern, move-in-ready location**.
**Key Details:**
**Location:** Griffith, IN (Lake County)
**Lot Size:** 69,696 Sq. Ft. (**1 Acre**)
**Price Per Sq. Ft.:** $216
**Built:** 1965, Completely Renovated
**Parking:** Newly Updated
**Utilities:** Public Water & Sewer, **Forced Air & Natural Gas Heating, Central Air**
**Zoning:** Commercial
**Strategic Location** – Easy access & high visibility
**Turnkey Condition** – Start operating immediately
**Perfect for New or Expanding Businesses**
**$1,199,700** – Now is the time to secure this **fully upgraded** commercial property in a **high-traffic, central location**!
**Property Highlights:**
**5,564 Sq. Ft.** commercial space on **1-acre lot**
**Complete Gut Renovation** – Building taken to the studs and rebuilt!
**ALL NEW**:
- **Flooring & Bathrooms**
- **Plumbing & Electrical Systems**
- **4 HVAC Units & Ductwork**
- **SMART Siding (20+ year warranty)**
- **Windows & Doors**
**Updated Parking Lot & Outdoor Enhancements**:
- New **Patio, Rock Area, & Garbage Corral**
**Roof** – Approx. **12 years old**
**Endless Buiness Possibilities!**
Currently home to **Shipwreck Restaurant** (business still operating), this property is ideal for a **restaurant, retail space, office, or any commercial venture** looking for a **modern, move-in-ready location**.
**Key Details:**
**Location:** Griffith, IN (Lake County)
**Lot Size:** 69,696 Sq. Ft. (**1 Acre**)
**Price Per Sq. Ft.:** $216
**Built:** 1965, Completely Renovated
**Parking:** Newly Updated
**Utilities:** Public Water & Sewer, **Forced Air & Natural Gas Heating, Central Air**
**Zoning:** Commercial
**Strategic Location** – Easy access & high visibility
**Turnkey Condition** – Start operating immediately
**Perfect for New or Expanding Businesses**
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,564 SF
Building Class
C
Year Built
1964
Price
$1,199,700
Price Per SF
$215.62
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
1.60 AC
PROPERTY TAXES
| Parcel Number | 45-11-02-352-010.000-006 | Improvements Assessment | $359,700 |
| Land Assessment | $102,500 | Total Assessment | $462,200 |
PROPERTY TAXES
Parcel Number
45-11-02-352-010.000-006
Land Assessment
$102,500
Improvements Assessment
$359,700
Total Assessment
$462,200
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840 S Broad St
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