Crown Point, IN 46307 250 N Main Street
$2,399,000



50 more


















































Presented By: Tony Mitidiero with eXp Realty, LLC - (888) 611-3912;
Home Details
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.
Presented By: Tony Mitidiero with eXp Realty, LLC - (888) 611-3912;
General for 250 N Main Street
Building FeaturesMeeting Room, Mixed Use, Business District Location, Multi Tenant
CityCrown Point
CountyLake
Directions2.5 Blocks North of the Crown Point Square on Main Street.
Electric200+ Amp Service
Electric Expense800
Gross Income213900
HeatingHot Water
Insurance Expense3300
Legal DescriptionPT. SE. (51 X 120 FT.) S.5 T.34 R.8 .13 A.
Listing TermsConventional, Other
Lot Size Square Feet5663
Net Operating Income161724
OwnerPaysCommon Area Maintenance, Water, Trash Collection, Taxes, Roof Maintenance, Management, Insurance, HVAC Maintenance, Grounds Care, Gas, Exterior Maintenance, Electricity
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameRailroad Add To Crown Point
Tax Annual Amount26019
Tax Year2024
TownshipCenter
Trash Expense175
UtilitiesCable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
ViewCity, Neighborhood
Year Built1969
Exterior for 250 N Main Street
Lot Size Acres0.13
Lot Size SourceAssessor
Parking FeaturesOff Street, Additional Parking, Asphalt
Total Parking22
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Caylie Barras
Broker

SQFT • 12,606