IN > Crown Point > Town Center
Crown Point, IN 46307,10685 Randolph ST
Crown Point, IN 46307,10685 Randolph ST
Crown Point, IN 46307,10685 Randolph ST
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$1,755,000
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4,505 SqFt
Active

10685 Randolph ST Crown Point, IN 46307

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,505 sqft

Price per Sqft $389

Subdivision Town Center

MLS Listing ID 823611

Year Built 2003

Annual Tax Amount $20,998

Tax Year 2024

Lot Size 1.080 Acres

Acres 1.08

Property Sub-Type Retail

Property Description

Turn-Key Restaurant Investment Offering10685 Randolph St. | 4,505 SF | Doubletree Plaza | Crown Point, IN 46307A stabilized, income-producing restaurant property located in Doubletree Plaza--one of Winfield's most active commercial corridors. The 4,505 SF building is leased to a long-standing restaurant operator and includes a liquor license, offering long-term value and stable returns.The property features recent upgrades including a new patio, roof, windows, and doors, along with a large on-site shed for additional storage or operational use. With minimal landlord responsibilities and a NN lease, this asset delivers reliable in-place income and future upside.Lease & Financial Overview:See attached marketing materials under documents for more info.Market Highlights:The Crown Point/Winfield area has seen rapid growth fueled by strong residential development, a pro-business climate, and its proximity to Chicago. Thousands of new homes have been built within a 3-mile radius, and both towns continue to attract new commercial activity. Winfield ranks among Indiana's fastest-growing towns, and Crown Point has experienced a significant population increase in the last decade. Demand for quality retail and restaurant space continues to rise, supporting long-term appreciation.Tenant Strength:The current tenant is an established local operator with a strong following and proven track record. Their continued investment in the space and long-standing presence in the community adds a layer of stability and reliability to the income stream.Contact broker for a showing.

Location

State IN

County Lake

Zoning Commercial

Interior

Heating Central

Fireplace N

Appliance Refrigerator, Water Heater

Exterior

Exterior Feature Other

View Y/N true

View true

Building

Lot Description Landscaped

Schools

School District Crown Point

Others

Tax ID 451704351001000047

Acceptable Financing NRA20250702194018643014000000

Listing Terms NRA20250702194018643014000000

Listed by McColly Real Estate • Adriana Gomez

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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10685 Randolph ST