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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
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.
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.
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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