401 N Broad Street, Griffith, IN 46319

$499,000 Asking Price

4 beds
4 baths
3,006  sqft
Built in 1940

Discover the exceptional opportunity at 401 N. Broad St., Griffith, Indiana, where prime real estate meets limitless potential. This expansive property, which includes 401, 403, and the adjacent lot at 407 N. Broad St., boasts a significant footprint in the heart of downtown Griffith. Zoned for commercial use, it currently enjoys a variance for mixed-use residential development, making it an ideal candidate for innovative projects. The availability of a three-way liquor license adds to its allure, providing the perfect foundation to transform this luxurious home into a stunning bar or restaurant. With its strategic location and versatile zoning, this property is poised for success, ready to attract both investors and entrepreneurs.

Features & Amenities

Interior

General:
Other
Rooms:
Bedroom 2, Primary Bedroom, Dining Room, Office, Living Room, Laundry, Kitchen, Family Room, Bedroom 4, Bedroom 3
Appliances:
Dishwasher, Refrigerator, Gas Range
Laundry:
Main Level
Basement:
Interior Entry
Heating:
Forced Air, Natural Gas

Exterior

General:
Balcony
Other Structures:
Deck
Parking:
Attached, Garage Door Opener

Construction

General:
Two

Location

Road/Access:
Paved
HOA Amenities:
Curbs, Sidewalks
Originating MLS:
nira
County:
Lake

Lot

Zoning:
OAK FOREST ADD. L.25 BL.1 ALL L.26, 27 & 28 BL.1, 45-07-35-327-010.000-006
View:
Other

Financial

Source:
nira

This listing courtesy of:
Keller Williams Preferred Real, Matthew Maloney

About Griffith, IN

Housing

Number of Units
7,621
Median Home Value
$161,600
Median Rent
$823

23.66% of housing units are renter occupied.

5.88% are vacant.

Commute

Car
75.97%
Public Transportation
3.40%
Walk to Work
0.26%
Work from Home
18.57%
Other
1.65%

The median travel time to work is 26 minutes.

People

Population
17,810
Median Age
39.50
Median Household Size
2.63

Education

High School
40.19%
Associate’s Degree
8.05%
Bachelor’s Degree
15.58%
Graduate Degree
6.60%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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