$1,755,000

10685 Randolph Street, Crown Point, IN 46307

  • 4,505 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon1.08acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $390/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turn-Key Restaurant Investment Offering10685 Randolph St. | 4,505 SF | Doubletree Plaza | Crown Point, IN 46307A stabilized, income-producing restaurant property located in Doubletree Plaza--one of Winfield's most active commercial corridors. The 4,505 SF building is leased to a long-standing restaurant operator and includes a liquor license, offering long-term value and stable returns.The property features recent upgrades including a new patio, roof, windows, and doors, along with a large on-site shed for additional storage or operational use. With minimal landlord responsibilities and a NN lease, this asset delivers reliable in-place income and future upside.Lease & Financial Overview:See attached marketing materials under documents for more info.Market Highlights:The Crown Point/Winfield area has seen rapid growth fueled by strong residential development, a pro-business climate, and its proximity to Chicago. Thousands of new homes have been built within a 3-mile radius, and both towns continue to attract new commercial activity. Winfield ranks among Indiana's fastest-growing towns, and Crown Point has experienced a significant population increase in the last decade. Demand for quality retail and restaurant space continues to rise, supporting long-term appreciation.Tenant Strength:The current tenant is an established local operator with a strong following and proven track record. Their continued investment in the space and long-standing presence in the community adds a layer of stability and reliability to the income stream.Contact broker for a showing.

Listing Status:
Active
Listing Office:
McColly Real Estate : (219) 462-2411
Listing Agent:
Adriana Gomez :
MLS ID:
823611
  • Appliances: RefrigeratorWater Heater
  • Heating: Central

This listing courtesy of Adriana Gomez, McColly Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jerry Ross Elementary School

11319 Randolph St, Crown Point, IN, 46307

Grades KG-5

0.89 miles away

R

Robert A. Taft Middle School

1000 S Main St, Crown Point, IN, 46307

Grades 6-8

6.62 miles away

C

Crown Point High School

1500 S Main St, Crown Point, IN, 46307

Grades 9-12

6.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.