250 N Main Street, Crown Point, IN 46307 (MLS# 507341)

250 N Main Street, Crown Point, IN 46307

$1,150,000

Virtual Tour

http://fusion.realtourvision.com/idx/687889

Property Type: Commercial Sale Square Footage: 12,000 Lot Size (sq. ft.): 45,302 Status: Closed

Current Price: $1,150,000 List Date: 2/07/2022 Last Modified: 2/24/2024

Overview

Description

FIRST TIME OFFERED ON THE MARKET! Original Owners offering this one-of-a-kind opportunity which has been a part of the Crown Point community for 53 years! Excellent location conveniently located within walking distance to Historic Downtown Square! Office complex consists of three separate brick buildings which is located in one of Crown Point's premier and well established business complexes. The majority of the individual suites have recently been remodeled. A sampling of the businesses located within the office complex consists of: medical professions, law offices, financial advisor, real estate brokerages and a engineering firm. Want more? South building includes four remodeled 2 bedroom apartments! An additional feature of this professional, well maintained complex is the abundance of designated parking for the office complex businesses.

Listing Details MLS# 507341

General Property Information

Living Area: 12000
Building Area Source: Assessor
Year Built: 1969
Lot Size Acres: 1.04
Lot Size Square Feet: 45302
Lot Size Dimensions: No
Stories: 0

Property Features

Building Features: Acoustical Ceiling(s); Business District Location; Exterior Lighting; Lunch Room; Meeting Room; Multi Tenant; Office Park Location; Private Restrooms; Sheet Rock Ceiling(s) Construction Materials: Brick; Cedar; Frame; Shake Siding Cooling: Central Air Current Use: Medical/Dental; Mixed Use; Office Electric: 100 Amp Service; Circuit Breakers; Separate Meters Flooring: Carpet; Tile; Vinyl Foundation Details: Concrete Perimeter Heating: Forced Air; Hot Water; Natural Gas; Radiant Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Lighted; Paved; Private Possession: Close Of Escrow Possible Use: Medical/Dental; Mixed Use; Office; Retail Rail Availability: None Road Frontage Type: City Street; State Road Roof: Composition; Mansard Security Features: Security Lights; Smoke Detector(s) Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany

Contract Information

Auction YN: No
Original List Price: 1250000
Property Sub Type: Office
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant

Location Tax and Legal

Street Number: 250
Street Direction Prefix: N
Street Name: Main
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46307
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: FIRST TIME OFFERED ON THE MARKET! Original Owners offering this one-of-a-kind opportunity which has been a part of the Crown Point community for 53 years! Excellent location conveniently located within walking distance to Historic Downtown Square! Office complex consists of three separate brick buildings which is located in one of Crown Point's premier and well established business complexes. The majority of the individual suites have recently been remodeled. A sampling of the businesses located within the office complex consists of: medical professions, law offices, financial advisor, real estate brokerages and a engineering firm. Want more? South building includes four remodeled 2 bedroom apartments! An additional feature of this professional, well maintained complex is the abundance of designated parking for the office complex businesses.

Status Change Information

Major Change Timestamp: 2022-06-23T11:56:00Z
Major Change Type: Status Change
Status Change Timestamp: 2022-06-23
Offer Acceptance Date: 2022-02-26
Close Date: 2022-06-23
Close Price: 1150000
Concessions: No
Buyer Financing: Conventional

More Information

Exemption Information

Exemption YN: Y

Income and Expenses

Expense Year: 2021
Gross Scheduled Income: 119050
Insurance Expense: 5175
Net Operating Income: 71260
New Taxes Expense: 15929
Other Expense: 106
Professional Management Expense: 7240
Supplies Expense: 330
Total Actual Rent: 119050
Trash Expense: 430
Water Expense: 3500
Electric Expense: 0
Gross Income: 0
Maintenance Expense: 0
Manager Expense: 0
Sewer Expense: 0

Showing Requirements

Showing Instructions: Listing agent to confirm all showings through Showing Assist. Listing agent to accompanied all showings. Please provide 48 hours notice for showings. Thank you, Listing agent to confirm all showings through Showing Assist
Appointment Only: Yes
Listing Agent Must Accompany: Yes

Historical Information

Public Historical Remarks: Utilities: On, Frontage Access: Public Road, Roof Structure: Truss, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4: 3278
Tax Legal Description: Legal Description: PT. SE. (51 X 120 FT.) S.5 T.34 R.8 .13 A.
Parcel Number: 451605460004000042
Township: Center
Directions: From the corner of Main St. & North St., North on Main St., complex is on East side of street.

Construction Materials

Brick: Yes
Cedar: Yes
Frame: Yes
Shake Siding: Yes

Cooling

Central Air: Yes

Electric

100 Amp Service: Yes
Circuit Breakers: Yes
Separate Meters: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Forced Air: Yes
Hot Water: Yes
Natural Gas: Yes
Radiant: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Lighted: Yes
Paved: Yes
Private: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes
State Road: Yes

Roof

Composition: Yes
Mansard: Yes

Security Features

Security Lights: Yes
Smoke Detector(s): Yes

Utilities

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

Water Source

Public: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Current Use

Medical/Dental: Yes
Mixed Use: Yes
Office: Yes

Possible Use

Medical/Dental: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes

Building Features

Acoustical Ceiling(s): Yes
Business District Location: Yes
Exterior Lighting: Yes
Lunch Room: Yes
Meeting Room: Yes
Multi Tenant: Yes
Office Park Location: Yes
Private Restrooms: Yes
Sheet Rock Ceiling(s): Yes

Rail Availability

None: Yes

Listing Office: Kraft Real Estate Services, LL

Last Updated: February - 24 - 2024

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