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3,400 sqft

$700,000

5900-5960 Miller Avenue, Gary IN, 46403

Price per sqft$205.88
Built in1936
Property size3,400 sqft
Property typeCommercial

Overview

Active

Listed Mar 28, 2026

Updated 4 days ago

Turnkey Restaurant and Bar with a 3-way liquor license with carryout located at the best intersection of Downtown Miller Beach! Located within a designated TIF District/Opportunity Zone and just minutes from the beach, expressways, bike paths and The South Shore Line, this completely rebuilt restaurant with all new mechanicals, a large bifold window and private parking for more than 30 has it all: fully equipped kitchen with a 12-foot hood, complete bar with seating for 10 and 3 TVs, furnished dining room with seating for more than 70, large basement with 2 walk-in coolers/freezers and a staff restroom and much more. Currently leased NNN at an 8 percent cap rate as is. Potential to increase profits with expanded hours, bar service and marketing/advertising. Further potential in developing the vacant lot. Was once a strip mall. Miller Beach is an ever-improving community located within the National Lakeshore that is poised for radical growth. Homes on the water sell near or well-above 1million AND the area is one of the top tourist and lodging destinations within the Indiana Dunes. Lead by an active and ambitious administration, the community has also made an attractive offer for the Chicago Bears stadium. Please do not disturb the restaurant. Serious and qualified inquiries only.

Additional information

MLS® ID
836178

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.43 Acres

Other Property Details

Taxes
$5,417
Tax Frequency
Annually
View
Yes

Courtesy of INcoast Homes LLC, Sam Geraci,
Listing Contact: (773) 983-1904 

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:54 AM UTC on 9/16/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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