Listing provided courtesy of REMAX County Wide 1stNorthwest Indiana MLSMLS# 833211MLS Provider
  • 156 days on site
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Prime Commercial Property With Home on 5.35 Acres Along US 20 A rare opportunity to own a well established 3,585 sq ft restaurant property -- formerly the iconic Bob's Barbecue -- perfectly positioned along US Highway 20 with over 400 feet of high visibility frontage. This expansive 5.35 acre parcel offers exceptional commercial potential, ample parking, and room for future expansion or redevelopment. The main building provides a spacious restaurant layout with dining areas, kitchen infrastructure, and flexible space ready for your next concept. Whether you're launching a new venture or expanding an existing brand, the location and footprint offer tremendous upside. Adding even more value, the property includes a 3 bedroom, 2 bathroom single family home, ideal for on site living, staff housing, or additional rental income.

Source: Northwest Indiana MLS, MLS#: 833211

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  • Property Type
    Commercial Sale
  • Lot
    5.35 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5201 E Us Highway 20


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/24/2026Source: Northwest Indiana MLS Price Reduction
$875,000 -7.9%
1/24/2026Source: Northwest Indiana MLS Added to Database
January 24, 2026