About 5900-5960 Miller Avenue
REDUCED! 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 a 7 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.
Features of 5900-5960 Miller Avenue
| MLS® # | 836178 |
|---|---|
| Price | $750,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,400 |
| Acres | 0.43 |
| Year Built | 1936 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 5900-5960 Miller Avenue |
|---|---|
| Subdivision | Ryans Sub |
| City | Gary |
| County | Lake |
| State | IN |
| Zip Code | 46403 |
Amenities
| Utilities | Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected |
|---|---|
| Parking Spaces | 30 |
| Parking | Off Street, Paved, Asphalt, Alley Access, Additional Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Wet Bar, Stone Counters, Recessed Lighting, Open Floorplan, High Ceilings |
|---|---|
| Appliances | Built-In Gas Range, Stainless Steel Appliance(s), Range Hood, Refrigerator, Range, Gas Water Heater, Gas Range, Gas Cooktop |
| Heating | Central, Zoned, Natural Gas, Forced Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Bath/Stubbed, Storage Space, Interior Entry |
Exterior
| Exterior Features | Lighting, Rain Gutters |
|---|---|
| Lot Description | Corner Lot, Rectangular Lot, Near Public Transit, Paved, Few Trees |
Additional Information
| Date Listed | March 28th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Sam Geraci |
|---|---|
| Office | INcoast Homes LLC |