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10685 Randolph Street, Crown Point, IN 46307
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$1,755,000
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Home Details for 10685 Randolph Street
Price
$1,755,000
Type
Commercial/Industrial
Year Build
2003
Sq. Ft.
4505
Lot Size
1.08
County
Lake
Tax
$20,998
MLS®️ Listing#
823611
On exitrealty.com
138 days
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.
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Listing Courtesy: McColly Real Estate - 219-462-2411. Presented by: Adriana Gomez
Last Updated: 2025-07-02 23:45:42
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Market statistics compiled from data from Greater Northwest Indiana Association of Realtors.
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$1,755,000
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