Crown Point, IN 46307 1019 E Summit Street

$7,000,000

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
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  • SQFT • 45,966

Home Details

45,966 square feet of industrial warehouse space and machine shop business equipment 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, 20 cranes, (8) traveling bridge cranes ranging from 2-10 tons, (10) 1 ton jib cranes, (3) 1/2 ton jib cranes, (1) free standing jib crane 360/180 degrees, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16-25 feet, 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. Please see attached asset list showing assets to be included in the sale. Parcel # 45-16-04-301-006.000-042 is also included in the 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), Eat-in Kitchen

General for 1019 E Summit Street

AppliancesNone
Building FeaturesBusiness District Location, Shower/Locker Room, Public Restrooms, Private Restrooms, Office Park Location, Meeting Room, Lunch Room, Janitorial Services, Industrial Park Location, Exterior Lighting, Exposed Un
CityCrown Point
CountyLake
DirectionsBroadway Avenue to Summit Street, Summit Street (West) to property on (South) side of Summit.
ElectricCircuit 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 Feet5968
MaintenanceExpense
Net Operating Income55632
OwnerPaysAll Utilities, Water, Trash Collection, Telephone, Taxes, Snow Removal, Sewer, 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 Lights, Security System
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Namenone
Tax Annual Amount39554
Tax Year2023
Taxes$39,554
Total Actual Rent130116
TownshipCenter
Trash Expense2300
UtilitiesCable Connected, Water Connected, Electricity Connected, Sewer Connected, Natural Gas Connected
Virtual TourClick here
Waterfront Y/NNo
Year Built1970
Zoning DescriptionIndustrial

Exterior for 1019 E Summit Street

Exterior AmenitiesLighting
Frontage Length140
Lot Dimensions140 x 778
Lot FeaturesPrivate, Rectangular Lot
Lot Size Acres0.137
Lot Size SourceAssessor
Parking FeaturesAdditional Parking, Off Street, Paved, Oversized, Gravel, Garage Door Opener, Asphalt
Total Parking30
Water SourcePublic

Additional Details

Price History

Mark Plesha

Price $7,000,000
MLS#816865
List Date 03/03/2025
Property Type Commercial
Phone (219) 433-9154
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