1209 Sheffield Ave
Dyer, IN 46311
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located in Dyer, just over Illinois border
- 3 -way transferable liquor license
- Across the street from Walt’s Food Center and Ace Hardware
- The South Shore Line (West Lake Corridor Rail Project ) begins in Hammond and extends south through Munster to the Munster -Dyer town line .(2025)
EXECUTIVE SUMMARY
NEW BUSINESS OWNERS! Incredible investment opportunity for this turnkey restaurant/bar nestled in the vibrant heart of Dyer, IN. Spanning an impressive 4,000 sqft, this gem comes with a highly sought-after 3-way liquor license, and is housed in a well-maintained, brick building that radiates charm and curb appeal. This property boasts standout features including ample parking for patrons, an outdoor seating area, and a secluded bar with a separate entrance that's perfect for private events. With the average daily traffic count at 7,995 (2023), this location is perfect for taking over an already established restaurant/bar or launching your own business. Near other businesses, shopping, and minutes from Illinois and I-94. Schedule your showing TODAY!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,970 SF
Building Class
C
Year Built
1962
Price
$884,900
Price Per SF
$223
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.68 AC
Zoning
Commercial
Parking
39 Spaces (9.82 Spaces per 1,000 SF Leased)
Frontage
819’ on Heritage Drive
PROPERTY TAXES
| Parcel Number | 45-10-01-451-006.000-034 | Improvements Assessment | $1,800 |
| Land Assessment | $15,100 | Total Assessment | $16,900 |
