1027 Sheffield AveDyer, IN 46311

Property Details for 1027 Sheffield Ave

Year built

1976

Lot size

0.57 AC

Property size (Sq ft)

9,848 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This fully operational restaurant in Dyer, Indiana, is available for $999,000. The 9,848-square-foot, single-story building sits on a 0.57-acre lot and includes a full bar, dining room, kitchen, and banquet room. All furniture, fixtures, equipment, and a 3-way liquor license are included in the sale. Currently operating as a sports bar, the property offers significant rebranding potential. The property boasts a programmable lighted pylon sign and 202 feet of frontage on Sheffield Avenue, a road with 7,823 cars per day (2022 INDOT data). Conveniently located on the east side of Sheffield Avenue, it's less than a mile from Dyer Park Department and 0.7 miles from the future South Shore train station. Additional nearby amenities include U.S. Highway 30, Centennial Village/Park/Golf Course, and various local businesses. The property has 29 parking spaces and is zoned for commercial use. The building was constructed in 1976 and currently has 50% occupancy. 2023-2024 property taxes are $22,015.70 ($2.15/SF). The property's APN is 45-10-01-401-007.000-034. This is a modified lease tenancy.

Location Insight

City

Dyer

County

Lake

State

Indiana

Latitude

41.5131

Longitude

-87.5183

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