120 S Main Street, Crown Point, IN 46307 (MLS# 841747)

120 S Main Street, Crown Point, IN 46307

New Listing

$975,000

Property Type: Commercial Sale Square Footage: 5,402 Lot Size (sq. ft.): 1,800 Status: Active

Current Price: $975,000 List Date: 7/05/2026 Last Modified: 7/05/2026

Overview

Description

"Presenting a rare opportunity to own a piece of Crown Point Indiana's rich history at 120 &120 1/2 S Main St! Originally constructed in 1881, this striking two-story Victorian-era commercial building has been thoughtfully updated to meet the demands of modern business while preserving its timeless downtown character. The property features an incredible, proven income-generating footprint with two spacious levels currently leased out to established tenants. Located directly across the street from the historic Crown Point Courthouse in the historical downtown district square. Hardwood flooring and custom cabinetry abounding on the main floor, bathrooms on both levels, newer rubber roof installed just three years ago. Low-maintenance asset boasts excellent foot traffic and premier visibility, making it the perfect addition to your real estate portfolio."

Listing Details MLS# 841747

General Property Information

Number Of Units Total: 4
Living Area: 5402
Building Area Source: Assessor
Year Built: 1881
Year Built Details: Building has been well maintained over the years. new rubber roof put on 3 years ago.
Parking Total: Yes
Lot Size Acres: 0.0413
Lot Size Square Feet: 1800
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: Yes
Stories: 2

Property Features

Appliances: Gas Water Heater Basement: Full; Storage Space Building Features: Acoustical Ceiling(s); Balcony; Business District Location; Commercial Park Location; Enclosed Stair(s); Exterior Lighting; Meeting Room; Multi Tenant; Plastered Ceiling(s) Business Type: Bar/Tavern/Lounge; Medical; Professional/Office; Restaurant; Retail Construction Materials: Brick; Stone; Stucco Cooling: Central Air; Zoned Current Use: Commercial; Investment; Retail Electric: Circuit Breakers Exterior Features: Balcony Flooring: Hardwood; Vinyl Heating: Central; Forced Air; Natural Gas Interior Features: Cathedral Ceiling(s); Crown Molding; High Ceilings; Open Floorplan; Recessed Lighting; Vaulted Ceiling(s) Laundry Features: Other Listing Terms: Cash; Conventional Lot Features: Near Public Transit; Rectangular Lot Owner Pays: Insurance; Taxes Parking Features: Additional Parking; Asphalt; Off Street; On Street; Paved; Other Possession: Negotiable Possible Use: Commercial; Medical/Dental; Office; Retail Rail Availability: None Roof: Other Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Public Sewer Special Licenses: None Special Listing Conditions: None Tenant Pays: All Utilities Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN: No
Original List Price: 975000
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Owner Name: Lake County Trust (Te)
Occupant Type: Tenant

Location Tax and Legal

Street Number: 120
Street Direction Prefix: S
Street Name: Main
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46307
Subdivision Name: Central Add

Remarks and Miscellaneous

Public Remarks: "Presenting a rare opportunity to own a piece of Crown Point Indiana's rich history at 120 &120 1/2 S Main St! Originally constructed in 1881, this striking two-story Victorian-era commercial building has been thoughtfully updated to meet the demands of modern business while preserving its timeless downtown character. The property features an incredible, proven income-generating footprint with two spacious levels currently leased out to established tenants. Located directly across the street from the historic Crown Point Courthouse in the historical downtown district square. Hardwood flooring and custom cabinetry abounding on the main floor, bathrooms on both levels, newer rubber roof installed just three years ago. Low-maintenance asset boasts excellent foot traffic and premier visibility, making it the perfect addition to your real estate portfolio."

Status Change Information

Major Change Timestamp: 2026-07-05T23:18:20Z
Major Change Type: New Listing
Status Change Timestamp: 2026-07-05

More Information

Building Features

Building Dimensions: 22x88
Number of Offices: 5
Acoustical Ceiling(s): Yes
Balcony: Yes
Business District Location: Yes
Commercial Park Location: Yes
Enclosed Stair(s): Yes
Exterior Lighting: Yes
Meeting Room: Yes
Multi Tenant: Yes
Plastered Ceiling(s): Yes

Exemption Information

Exemption YN: No

Income and Expenses

New Taxes Expense: 5000

Showing Requirements

Showing Instructions: Must contact listing agent for a accompanied showing on property. Property has tenants.

Location, Tax, and Legal

School District: Crown Point
High School: Crown Point High School
Tax Annual Amount: 4638
Tax Year: 2024
Tax Legal Description: CENTRAL ADD. N.17FT L.5 S.3FT L.6 & VAC 10FT ALLEY ADJ E. SIDE OF SAID LOTS
Parcel Number: 451608204005000042
Additional Parcels YN: No
Zoning Description: Commercial
Township: Center
Directions: Rt 30 to I55 S to the square in downtown crown point main st.
Cross Street: Main St
Census Tract: 430.04

Appliances

Gas Water Heater: Yes

Basement

Full: Yes
Storage Space: Yes

Construction Materials

Brick: Yes
Stone: Yes
Stucco: Yes

Cooling

Central Air: Yes
Zoned: Yes

Electric

Circuit Breakers: Yes

Exterior Features

Balcony: Yes

Flooring

Hardwood: Yes
Vinyl: Yes

Heating

Central: Yes
Forced Air: Yes
Natural Gas: Yes

Interior Features

Cathedral Ceiling(s): Yes
Crown Molding: Yes
High Ceilings: Yes
Open Floorplan: Yes
Recessed Lighting: Yes
Vaulted Ceiling(s): Yes

Laundry Features

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Near Public Transit: Yes
Rectangular Lot: Yes

Parking Features

Additional Parking: Yes
Asphalt: Yes
Off Street: Yes
On Street: Yes
Paved: Yes
Other: Yes

Possession

Negotiable: Yes

Roof

Other: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

City: Yes

Water Source

Public: Yes

Owner Pays

Insurance: Yes
Taxes: Yes

Tenant Pays

All Utilities: Yes

Current Use

Commercial: Yes
Investment: Yes
Retail: Yes

Possible Use

Commercial: Yes
Medical/Dental: Yes
Office: Yes
Retail: Yes

Business Type

Bar/Tavern/Lounge: Yes
Medical: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Rail Availability

None: Yes

Special Licenses

None: Yes

Listing Office: Coldwell Banker Realty

Last Updated: July - 05 - 2026

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