312 N Main Street, Crown Point, IN 46307

$760,000
Property Type: Commercial Sale Square Footage: 6,236 Lot Size (sq. ft.): 13,329 Status: Closed
Current Price: $760,000 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. 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.

Listing Details MLS# 507293

General Property Information

Living Area
6236
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
1992
Lot Size Acres
0.306
Lot Size Square Feet
13329
Lot Size Dimensions
No
Stories
0

Property Features

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

Contract Information

Auction YN
No
Original List Price
760000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
312
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. 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.

Status Change Information

Major Change Timestamp
2022-05-06T11:56:00Z
Major Change Type
Status Change
Status Change Timestamp
2022-05-06
Offer Acceptance Date
2022-02-07
Close Date
2022-05-06
Close Price
760000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2021
Gross Scheduled Income
85360
Insurance Expense
1102
Net Operating Income
69366
New Taxes Expense
10046
Professional Management Expense
5694
Supplies Expense
452
Total Actual Rent
85360
Trash Expense
270
Water Expense
941
Electric Expense
0
Gross Income
0
Maintenance Expense
0
Manager Expense
0
Other Expense
0
Sewer Expense
0

Showing Requirements

Showing Instructions
Listing agent to confirm all showings through Showing Assist. Thank you, Listing agent to confirm all showings through Showing Assist
Appointment Only
Yes

Historical Information

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

Location, Tax, and Legal

Tax Legal Description
Legal Description: PT. N.93FT OF S.545FT OF W.290FT W.50FT IN ST. SW SE S.5 T.34 R.8 .306A.
Parcel Number
451605460002000042
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
Frame
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes

Flooring

Carpet
Yes
Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Hot Water
Yes
Radiant
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Common
Yes
Lighted
Yes
Paved
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes
State Road
Yes

Roof

Composition
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
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Current Use

Medical/Dental
Yes
Office
Yes

Possible Use

Medical/Dental
Yes
Office
Yes

Building Features

Acoustical Ceiling(s)
Yes
Business District Location
Yes
Exterior Lighting
Yes
Multi Tenant
Yes
Office Park Location
Yes
Private Restrooms
Yes
Sheet Rock Ceiling(s)
Yes
Skylight(s)
Yes

Rail Availability

None
Yes
Listing Office: Kraft Real Estate Services, LL
Last Updated: February - 24 - 2024
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