229 S East Street, Crown Point, IN 46307 (MLS# 542823)

229 S East Street, Crown Point, IN 46307

$1,200,000

1st Floor Private Exit/Private Bath & Offices

Property Type: Commercial Sale Square Footage: 3,200 Lot Size (sq. ft.): 5,520 Status: Closed

Current Price: $1,200,000 List Date: 12/20/2023 Last Modified: 6/04/2024

Overview

Description

CREATIVE FINANCING AVAILABLE FOR This NEW 2 story commercial building boasts of a convenient & prestigious location which makes an ideal space for a variety of commercial ventures. Currently the 1st floor features a spacious 1,844SF Dental office with all newer equipment included, from dental chairs to offices, wash sinks, oral/pano x-ray machines, full lab, 2 office consult areas, well-appointed warming kitchen, 2 bathrooms, elegant reception area, lobby & air lock vestibule. Beautiful epoxy finished flooring. The 2nd Floor 1,352SF currently used for office space, consists of 3 offices, a large conference room & a kitchenette area. HW Flooring & abundant natural lighting. Free-Span 1st & 2nd floor conditions make this building easily converted to other business conditions! Fiber optic HS internet.10 space on-site parking area or this could also be an additional buildable lot in lieu of parking. Outdoor courtyard seating to eat lunch on those sunny days!

Listing Details MLS# 542823

General Property Information

Number Of Units Total: 2
Living Area: 3200
Building Area Source: Builder
Accessibility Features YN: Yes
Year Built: 1949
Parking Total: 6
Lot Size Acres: 0.1267
Lot Size Square Feet: 5520
Lot Size Source: Assessor
Lot Size Dimensions: 46 x 120
Basement YN: No
Stories: 2
Builder Name: Stojkovich

Property Features

Building Features: Acoustical Ceiling(s); Business District Location; Courtyard; Exterior Lighting; Inside Corridor(s); Lunch Room; Meeting Room; Multi Tenant; Patio; Private Restrooms; Public Restrooms; Suspended Ceiling(s); Other Construction Materials: Brick Cooling: Central Air Current Use: Office Electric: 200+ Amp Service Flooring: Concrete; Tile; Wood Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator; High Speed Internet Listing Terms: Cash; Conventional; Lease Purchase Lot Features: Corner Lot Parking Features: Paved; Private Possession: Close Of Escrow; Subject To Tenant Rights Possible Use: Office Rail Availability: None Road Frontage Type: City Street Roof: Flat; Membrane Security Features: Fire Alarm; Fire Sprinkler System Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected

Contract Information

Auction YN: No
Original List Price: 1450000
Property Sub Type: Office
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant

Location Tax and Legal

Street Number: 229
Street Direction Prefix: S
Street Name: East
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46307
Subdivision Name: Crown Point

Remarks and Miscellaneous

Public Remarks: CREATIVE FINANCING AVAILABLE FOR This NEW 2 story commercial building boasts of a convenient & prestigious location which makes an ideal space for a variety of commercial ventures. Currently the 1st floor features a spacious 1,844SF Dental office with all newer equipment included, from dental chairs to offices, wash sinks, oral/pano x-ray machines, full lab, 2 office consult areas, well-appointed warming kitchen, 2 bathrooms, elegant reception area, lobby & air lock vestibule. Beautiful epoxy finished flooring. The 2nd Floor 1,352SF currently used for office space, consists of 3 offices, a large conference room & a kitchenette area. HW Flooring & abundant natural lighting. Free-Span 1st & 2nd floor conditions make this building easily converted to other business conditions! Fiber optic HS internet.10 space on-site parking area or this could also be an additional buildable lot in lieu of parking. Outdoor courtyard seating to eat lunch on those sunny days!

Status Change Information

Major Change Timestamp: 2024-06-04T14:38:51Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-17T02:33:19Z
Status Change Timestamp: 2024-06-04
Offer Acceptance Date: 2024-02-29
Close Date: 2024-05-17
Close Price: 1200000
Concessions: No
Buyer Financing: Conventional

More Information

Exemption Information

Exemption YN: Y
Exemptions: yes

Frontage Type

Frontage Length: 46

Income and Expenses

Electric Expense: 200
Expense Year: 2023
Insurance Expense: 6500
New Taxes Expense: 18000
Sewer Expense: 60
Water Expense: 100
Gross Income: 0
Gross Scheduled Income: 0
Maintenance Expense: 0
Manager Expense: 0
Net Operating Income: 0
Other Expense: 0
Professional Management Expense: 0
Supplies Expense: 0
Total Actual Rent: 0
Trash Expense: 0

Showing Requirements

Showing Instructions: Listing Agentpresent at all showings.Please use ShowingTime

Historical Information

Public Historical Remarks: Zoning: COMM, Utilities: On, Frontage Access: Public Road, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4: 4058
Tax Annual Amount: 18000
Tax Year: 2023
Tax Legal Description: Legal Description: E. END 80 FT. N. 46' OF E. 80' OF L.40 ORIG. TOWN OF CROWN POINT
Parcel Number: 451608252011000042
Zoning Description: Commercial
Township: Center
Directions: South on East Street, South of the Crown Point Square, building on the corner of East St. & Walnut St.

Construction Materials

Brick: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes

Flooring

Concrete: Yes
Tile: Yes
Wood: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Forced Air: Yes

Interior Features

Elevator: Yes
High Speed Internet: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Purchase: Yes

Lot Features

Corner Lot: Yes

Parking Features

Paved: Yes
Private: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Road Frontage Type

City Street: Yes

Roof

Flat: Yes
Membrane: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes

Utilities

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

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Current Use

Office: Yes

Possible Use

Office: Yes

Building Features

Acoustical Ceiling(s): Yes
Business District Location: Yes
Courtyard: Yes
Exterior Lighting: Yes
Inside Corridor(s): Yes
Lunch Room: Yes
Meeting Room: Yes
Multi Tenant: Yes
Patio: Yes
Private Restrooms: Yes
Public Restrooms: Yes
Suspended Ceiling(s): Yes
Other: Yes

Rail Availability

None: Yes

Listing Office: Bach Investment Group

Last Updated: June - 04 - 2024

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