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32456393
32456392

1027 Sheffield Avenue, Dyer, IN 46311

BM
IN RB14050416
Latitude Commercial
AM
IL 471007837, IN RB14031217
Latitude Commercial
Listed by Latitude Commercial
$1,099,000
28 days on market
Updated 28 days ago

Sheffields

Details
Property Type Retail
Sub Type Restaurant, Bar (+1)
Square Footage 9,849
Tenancy Single
Lease Type NNN
Price per SqFt $112
Year Built 1976
Year Renovated 2002
Acreage 0.580
Investment Type Value Add

Retail | 9,849 SqFt

Marketing description

This +/- 9,848 SF property offers a rare opportunity to acquire a fully built-out, operational bar/restaurant in a high-traffic Dyer corridor. The building is also occupied by a Chinese restaurant paying under market rent + NNN and an operating sports bar component, the property is well-maintained and positioned for a seamless transition to a new concept or operator. The bar/restaurant (included in the sale) includes a full-service bar, pool tables, games and seating providing flexibility for a variety of restaurant formats or event-driven uses.

The sale includes all furniture, fixtures, and equipment (FF&E), along with a valuable Dyer 3-way liquor license, allowing immediate operational continuity. While the space is ideally suited for a bar user, the building also presents the option to demised or reposition portions for retail or office use, creating additional income potential.

Located along Sheffield Avenue near established neighborhood anchors and the new South Shore commuter station, the property benefits from increasing traffic counts and strong visibility making it a compelling opportunity for an owner-user or investor seeking a Value-Add upside.

Dyer, Indiana is a stable, high-demand suburban community along the Illinois border, approximately 30 miles from downtown Chicago. With a growing population right on the Illinois/Indiana border with even better access to the broader Chicago Southland trade area, the town benefits from strong household incomes and consistent consumer demand, making it well-suited for restaurant and retail uses.

The property on Sheffield Avenue is positioned near established daily-needs anchors such as Berkot’s Super Foods and Ace Hardware, providing steady local traffic. The recent opening of the Munster/Dyer South Shore Line Station has significantly increased vehicle flow along this corridor, as commuter traffic to and from Chicago is now routed past the site enhancing visibility and peak-hour exposure.

Combined with proximity to U.S. Route 30 and Interstate 80/94, this location offers a strong mix of local, regional, and commuter-driven traffic, creating an attractive opportunity for restaurant operators seeking consistent volume and accessibility. 

Investment highlights

  • Close to New Dyer South Shore Station
  • Redevelopment Value-Add Potential
  • 9,849 SF building
  • Renovated in 2002
  • 3-Way Liquor License Included in Sale

Listing Contacts

BM
IN RB14050416
Latitude Commercial
AM
IL 471007837, IN RB14031217
Latitude Commercial
Listed by Latitude Commercial

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