250 N Main ST, Crown Point, IN 46307
250 N Main ST, Crown Point, IN 46307
250 N Main ST, Crown Point, IN 46307
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$2,399,000
Est. payment /mo
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12,606 SqFt
Active

250 N Main 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 Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,606 sqft

Price per Sqft $190

Subdivision Railroad Add To Crown Point

MLS Listing ID 839259

HOA Y/N No

Year Built 1969

Annual Tax Amount $26,019

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Mixed Use

Property Description

Rarely available mixed-use asset in a high-visibility corridor, an easy 2.5-block walk from the burgeoning Crown Point Square. Originally designed as 12 units, the property is currently structured as 16 units total: four 1,000 sq. ft. two-bedroom residential units with in-unit laundry, plus twelve commercial spaces, and a shared conference room breakroom for the lower level tenants. With strong cash flow, high build quality, excellent condition, and great tenants in place, 250 N. Main Street is exceptionally positioned to serve the long-term investor or business owner-occupant seeking diversified income for years to come as Crown Point continues to grow as the hub of Northwest Indiana. Recent capital improvements include the mansard roof, flat roof, windows, gutters, soffits and fascia, and the two entranceways with new aluminum wrap and new individual roofs, plus new mailboxes and a furnace pump.

Location

State IN

County Lake

Interior

Heating Hot Water

Fireplace N

Exterior

Parking Features Off Street, Additional Parking, Asphalt

View Y/N true

View City, Neighborhood

Building

Sewer Public Sewer

Water Public

Others

Tax ID 451605460004000042

Acceptable Financing NRA20260519145820659921000000

Listing Terms NRA20260519145820659921000000

Listed by eXp Realty, LLC • Tony Mitidiero

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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250 N Main ST