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Listing provided courtesy of Listing LeadersNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 820900MLS Provider

3634 Central AvenueLake Station, IN 46405

Commercial · 3,250 Sq. ft. | 0.08 Acres
$350,000 Active

3634 Central Avenue Overview

Time on Site:
409 days
Visits:
6

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.

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3634 Central Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,250
  • Price/Sq.ft. $108
  • Lot 0.08 Acres

Details

General

Building Information

  • Year Built: 1945
  • Year Built Details: Building 1945, Parking Lot 1990, Gazebo 2024

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Petersons Add 02
  • Township: Hobart

Tax Information

  • Tax Annual Amount: 4403
  • Tax Year: 2024

General Information

  • Exclusions: 3 way liquor license available for transfer with sale of property.
  • Listing Terms: Cash,Other,Owner Assisted,FHA,Conventional,Contract
  • Parcel Number: 450916152021000021
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Accessibility Features: Accessible Bedroom,Accessible Approach with Ramp
  • Appliances: Disposal,Stainless Steel Appliance(s),Range Hood,Refrigerator,Microwave,Gas Range,Gas Cooktop,Freezer
  • Building Features: Public Restrooms,Enclosed Stair(s),Patio
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Interior Features: Wet Bar
  • Living Area: 3250
  • Security Features: Carbon Monoxide Detector(s),Fire Hydrant On Site,Security System,Security Lights,Smoke Detector(s),Other,Fire Alarm

Exterior

Parking Information

  • Parking Features: Paved,Alley Access
  • Parking Total: 45

Lot Information

  • Additional Parcels: true
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3398
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Exterior Features: Other
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Water Connected,Other,Natural Gas Connected,Electricity Connected

3634 Central Avenue Neighborhood

Community

46405 (Lake Station) Demographics

37
Median Age
1,191
Population Density (per sq. mile)
14%
College Educated
$46,824
Estimated Median Income
2,591
Estimated Total Home Owners
1,183
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3634 Central Avenue Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3634 Central Avenue Market Data

Based on the last 30 days in this zip code

$204,940
Average List Price
$139
Average Price per Square Foot
7
Properties Sold
68
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

3634 Central Avenue History

Date Event Value Agent
4/21/2026Source: Northwest Indiana MLS Price Reduction
$350,000 -22.2%
12/12/2025Source: Northwest Indiana MLS Price Reduction
$450,000 -18.2%
7/31/2025Source: Northwest Indiana MLS Price Reduction
$550,000 -8.3%
5/16/2025Source: Northwest Indiana MLS Added to Database
May 16, 2025