Crown Point, IN 46307 1019 E Summit Street

$3,900,000

1019 E Summit Street Crown Point, IN - Image 11019 E Summit Street Crown Point, IN - Image 21019 E Summit Street Crown Point, IN - Image 3
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Presented By: Jimmy Karalis with JK Pro Realty, LLC - (219) 558-0412;
  • MLS# 816865
  • 03/03/2025
  • Get pre-approved
  • Request Tour
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  • SQFT • 45,966

Home Details

MAJOR PRICE REDUCTION! Just under 46,000 square feet of industrial warehouse space for sale on 2.5 acres near I-65 in prime, highly desired and central Crown Point location. Zoned I-1 (industrial) and can be suitable for a variety of users/uses. Main building features: 39,723 sq ft, with multiple cranes from traveling bridge cranes to jib cranes ranging from 1/2 ton all the way to 10 tons, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16 feet on the sides and 25 feet in the middle, fully finished offices w/forced air heat and air conditioning, employee kitchen area, locker rooms, break rooms, bathrooms and more. Rear building: 6,242 sq ft. Rear building built in: 1989, clear ceiling height 16 feet. Parcel # 45-16-04-301-006.000-042 is also included in the sale. Please see the attached documents showing more detailed information on the cranes and also a list of personal property being offered for sale.
Presented By: Jimmy Karalis with JK Pro Realty, LLC - (219) 558-0412;

Interior Features for 1019 E Summit Street

Other Interior Features

Interior AmenitiesCeiling Fan(s), High Ceilings, Eat-in Kitchen, Entrance Foyer

General for 1019 E Summit Street

AppliancesNone
Building FeaturesCranes, Commercial Park Location, Industrial Park Location, Office Park Location, Business District Location, Common Dock(s), Enclosed Dock(s), Docks Community, Exposed Under Roof Ceiling(s), Exterior Lightin
CityCrown Point
CountyLake
DirectionsBroadway Avenue to Summit Street, Summit Street (West) to property on (South) side of Summit.
Electric200+ Amp Service, Circuit Breakers
Electric Expense9486
Gross Income
HeatingForced Air, Natural Gas
High School DistrictCrown Point
Insurance Expense7000
Legal DescriptionPT OF N1/2 R.R. R/W LY'G IN NW1/4 SW1/4 S.4 T.34 R.8 0.137AC
Listing TermsCash, Conventional
Lot Size Square Feet108900
MaintenanceExpense
Net Operating Income55632
OwnerPaysAll Utilities, Water, Telephone, Trash Collection, Taxes, Sewer, Snow Removal, Security, Roof Maintenance, Repairs, Pest Control, Janitorial Service, Insurance, HVAC Maintenance, Grounds Care, Gas, Exterior Maintena
Property Attached Y/NNo
Property SubtypeIndustrial
Property TypeCommercial Sale
Security FeaturesFire Alarm, Security System, Security Lights
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Namenone
Tax Annual Amount38804.3
Tax Year2024
Taxes$39,554
Total Actual Rent0
TownshipCenter
Trash Expense2300
UtilitiesCable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
ViewCity
Virtual TourClick here
Year Built1970
Zoning DescriptionIndustrial

Exterior for 1019 E Summit Street

Exterior AmenitiesLighting, Storage, Private Yard
Frontage Length140
Lot Dimensions140 x 778
Lot FeaturesPaved, Rectangular Lot, Private, Near Public Transit
Lot Size Acres2.5
Lot Size SourceAssessor
Parking FeaturesGarage Door Opener, Oversized, Gravel, Asphalt, Additional Parking, Paved, Off Street
Total Parking30
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Jacob Schmiedel

Broker
Price $3,900,000
MLS#816865
List Date 03/03/2025
Property Type Commercial
Phone (219) 293-3192
Get pre-approved
Request Tour
Request Info
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