Restaurant & Lounge- Highland, IN

For Sale

2904 45th St, Highland, IN 46322

This Highland property for sale is located at 2904 45th St. The general use of Restaurant & Lounge- Highland, IN is retail and it incorporates 4,144 square feet of class C retail space. The current listed sale price for Restaurant & Lounge- Highland, IN is $699,000. Restaurant & Lounge- Highland, IN is situated on a lot that is 0.54 acre in size.

Contacts

broker
Brett McDermott

Latitude Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 4,144 SF
  • Units 1
  • Lot Size 0.54 Acre
  • Building Class C
  • Year Built 1947
  • Date Updated Sep 25, 2025
Located directly on 45th Street in Highland, Indiana. Highland is a town in Lake County, Indiana. The population was 23,727 at the 2010 census. The town was incorporated on April 4, 1910. It is a part of the Chicago metropolitan area and North Township, and is surrounded by Hammond to the north, Munster to the west, Schererville to the south and Griffith to the east.An established dining landmark, The Town Club Restaurant & Lounge is now available for purchase in Highland, Indiana. Situated on the highly traveled 45th Street corridor, this iconic restaurant has been a community staple since 1947. Known for its signature hand-cut steaks and one of the region’s most popular martinis, The Town Club offers a rich legacy and loyal customer base. The property has benefited from significant capital improvements over the past seven years, including a new roof, HVAC system, boiler, kitchen equipment, and water heater. The sale includes both the real estate and the business, providing a turnkey opportunity for new ownership. Adding to its value, the property features a spacious 2-bed, 2-bath apartment above the restaurant. Currently vacant, it offers an excellent opportunity for additional rental income or on-site owner occupancy
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Highlights

  • 3-way Liquor license included in sale
  • Additional revenue potential by leasing the upstairs apartment
  • Located on heavily traveled 45th Street
  • Popular landmark restaurant- serving Highland Since 1947 with strong following
  • Restaurant and Real Estate for sale in Highland, IN
  • Top 75 percentile for total restaurant visits in Indiana per Placer AI

Getting around

  • 65/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Highland, IN
  • Zip Code 46322
  • Market Chicago

Points of Interest

  • Dyer

    3.42 miles

  • East Chicago

    5.25 miles

  • Gary Metro Center

    7.80 miles

  • Exxon

    0.13 miles

  • Meijer

    0.96 miles

  • Mobil

    0.98 miles

  • Citgo

    1.27 miles

  • Casey's General Store

    2.43 miles

  • Luke

    2.50 miles

  • Marathon

    2.60 miles

  • Speedway

    2.65 miles

  • Tesla Supercharger

    7.64 miles

  • Griffith Municipal Parking Lot

    1.88 miles

  • South 173rd Street Parking

    3.07 miles

  • North 173rd Street Parking

    3.18 miles

  • 169th St. Parking Garage

    3.40 miles

  • 169th Street Parking

    3.46 miles

  • Hammond City Hall Parking

    5.33 miles

  • Village Mall parking

    5.37 miles

  • Buses and Vans

    5.50 miles

  • Subway

    0.67 miles

  • Taco Bell

    0.87 miles

  • Uno Pizzeria & Grill

    0.92 miles

  • McDonald's

    0.95 miles

  • Burger King

    0.97 miles

  • Panda Express

    0.98 miles

  • Chipotle

    1.01 miles

  • Qdoba

    1.07 miles

  • MOD Pizza

    1.07 miles

  • Potbelly

    1.08 miles

  • Burlington

    0.79 miles

  • Kohl's

    0.93 miles

  • Meijer

    0.96 miles

  • Macy's

    0.99 miles

  • Target

    1.03 miles

  • Gordon Food Service

    1.14 miles

  • Ross

    1.20 miles

  • Whole Foods Market

    1.38 miles

  • Ultra Foods

    1.54 miles

  • Big Lots

    1.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brett McDermott

Latitude Commercial

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