Crown Point, IN 46307 10685 Randolph Street
$1,755,000



5 more





Presented By: Adriana Gomez with McColly Real Estate - (219) 462-2411;
Home Details
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.
Presented By: Adriana Gomez with McColly Real Estate - (219) 462-2411;
General for 10685 Randolph Street
AppliancesRefrigerator, Water Heater
Building FeaturesCommercial Park Location, Private Restrooms, Patio
CityCrown Point
CountyLake
DirectionsFrom I-65 and Route 30:Go west on Route 30, turn left on Taft (IN-55), then right on Randolph. The property is about half a mile down on the left.
Electric200+ Amp Service
HeatingCentral
High School DistrictCrown Point
Legal DescriptionTOWN CENTER SUBDIVISION LOT 574
Listing TermsCash, Other, Conventional, Contract
Lot Size Square Feet47044.8
Net Operating Income105347
OwnerPaysTaxes
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTOWN CENTER
Tax Annual Amount20998
Tax Year2024
Taxes$20,998
Total Actual Rent127345
TownshipWinfield
UtilitiesElectricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
ViewCity
Year Built2003
Zoning DescriptionCommercial
Exterior for 10685 Randolph Street
Exterior AmenitiesOther
Lot FeaturesLandscaped
Lot Size Acres1.08
Lot Size SourcePublic Records
Total Parking70
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Sarah Goers
Real Estate Broker

SQFT • 4,505