419 N Grant Street, Crown Point, IN 46307

$535,000
Property Type: Commercial Sale Square Footage: 3,360 Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $535,000 List Date: 5/13/2020 Last Modified: 2/24/2024

Overview

Description

This TURNKEY bar & restaurant is the perfect opportunity for anyone looking to get into the CROWN POINT restaurant hub. Just 2 blocks North of the SQUARE, this 3,360 sq. ft property is equipped with a large wraparound bar, large dining area, 2 billiards areas, a dance floor, and full service kitchen and storage space. Including the FULL LIQUOR LICENSE. BRAND NEW York 10 ton AC/FURNACE and new WH in 2019. 10x10 WALK-IN, multiple freezers, great line/prep space, & all kitchen equipment owned and included in the sale. Built in 2001, this property is in a great location in the heart of Crown Point and boasts its own private parking lot. 16' ceilings in the entertainment area give the space a modern feel. Call today and make your bar/tavern/restaurant dreams come true right here in NWI!

Listing Details MLS# 474420

General Property Information

Living Area
3360
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
2001
Lot Size Acres
0.2
Lot Size Square Feet
8712
Lot Size Dimensions
66x132
Waterfront YN
No
Stories
Yes

Property Features

Building Features: Exterior Lighting; Public Restrooms; Sheet Rock Ceiling(s); Suspended Ceiling(s) Construction Materials: Block Cooling: Central Air Current Use: Commercial Electric: 440 Volts Flooring: Carpet; Concrete; Tile; Wood Foundation Details: Block Heating: Central; Natural Gas Interior Features: Elevator Listing Terms: Cash; Contract; Conventional; Other Lock Box Information: SentriLock Lot Features: Corner Lot Parking Features: Common; Lighted; Paved Possession: Close Of Escrow Possible Use: Commercial Rail Availability: None Road Frontage Type: City Street Roof: Metal Security Features: Fire Sprinkler System Special Licenses: Liquor Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected

Contract Information

Auction YN
No
Original List Price
600000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
419
Street Direction Prefix
N
Street Name
Grant
Street Suffix
Street
County
Lake
State
IN
Postal Code
46307
Subdivision Name
Railroad Add

Remarks and Miscellaneous

Public Remarks
This TURNKEY bar & restaurant is the perfect opportunity for anyone looking to get into the CROWN POINT restaurant hub. Just 2 blocks North of the SQUARE, this 3,360 sq. ft property is equipped with a large wraparound bar, large dining area, 2 billiards areas, a dance floor, and full service kitchen and storage space. Including the FULL LIQUOR LICENSE. BRAND NEW York 10 ton AC/FURNACE and new WH in 2019. 10x10 WALK-IN, multiple freezers, great line/prep space, & all kitchen equipment owned and included in the sale. Built in 2001, this property is in a great location in the heart of Crown Point and boasts its own private parking lot. 16' ceilings in the entertainment area give the space a modern feel. Call today and make your bar/tavern/restaurant dreams come true right here in NWI!

Status Change Information

Major Change Timestamp
2021-09-15T11:53:01Z
Major Change Type
Status Change
Status Change Timestamp
2021-09-15
Offer Acceptance Date
2021-03-12
Close Date
2021-09-15
Close Price
535000
Concessions
No
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
60x56
Exterior Lighting
Yes
Public Restrooms
Yes
Sheet Rock Ceiling(s)
Yes
Suspended Ceiling(s)
Yes

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
66

Income and Expenses

Electric Expense
1500
Expense Year
2019
Gross Income
36790
Gross Scheduled Income
214084
Insurance Expense
5000
Maintenance Expense
2455
Net Operating Income
11170
New Taxes Expense
10383
Other Expense
2456
Sewer Expense
200
Water Expense
1500
Manager Expense
0
Professional Management Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0

Lock Box Information

Lock Box Serial Number
1515878
SentriLock
Yes

Showing Requirements

Showing Instructions
Request via Showing Time.

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Frontage Access: Stop Sign Intersect, Roof Structure: Pitched, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
3321
Tax Legal Description
Legal Description: RAILROAD ADD. L.5 BL.16
Parcel Number
451605458006000042
Zoning Description
Commercial
Township
Center
Directions
Main Street, North of Square, East on Goldsborough Street. Business is down on corner of Goldsborough & Grant.

Construction Materials

Block
Yes

Cooling

Central Air
Yes

Electric

440 Volts
Yes

Flooring

Carpet
Yes
Concrete
Yes
Tile
Yes
Wood
Yes

Foundation Details

Block
Yes

Heating

Central
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Contract
Yes
Conventional
Yes
Other
Yes

Lot Features

Corner Lot
Yes

Parking Features

Common
Yes
Lighted
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Roof

Metal
Yes

Security Features

Fire Sprinkler System
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

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

None
Yes

Current Use

Commercial
Yes

Possible Use

Commercial
Yes

Rail Availability

None
Yes

Special Licenses

Liquor
Yes
Listing Office: eXp Realty, LLC
Last Updated: February - 24 - 2024
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