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104 N Main St 104-106 N Main St 700 SF Retail Building Crown Point, IN 46307 $199,900 ($285.57/SF)
INVESTMENT HIGHLIGHTS
- Heavy foot traffic
- Desirable Downtown Square Location
EXECUTIVE SUMMARY
Commercial property located on the high trafficked area of the Crown Point Square on Main/Clark. Property is currently leased with 2.5 years existing with a retail business. 2 half private restrooms. Paved parking in the rear of the building. Subject to county approving separation from larger parcel. Subject to lender approving partial payoff. New survey and legal description to be completed by seller. Taxes estimated to be $1615 of total $17050 tax bill.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$18,000
|
$7.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$18,000
|
$7.29
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $18,000 |
| Annual Per SF | $7.29 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $18,000 |
| Annual Per SF | $7.29 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
700 SF
Building Class
C
Year Built
1918
Price
$199,900
Price Per SF
$285.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.07 AC
Parking
4 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
38’ on Main St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- China King
- Accommodation and Food Services
- -
- -
- -
- Colonial Beauty Shop
- Services
- -
- -
- -
- Martony's
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| China King | Accommodation and Food Services | - | - | - | ||
| Colonial Beauty Shop | Services | - | - | - | ||
| Martony's | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 45-16-08-202-010.000-042 | Improvements Assessment | $380,200 |
| Land Assessment | $128,300 | Total Assessment | $508,500 |
PROPERTY TAXES
Parcel Number
45-16-08-202-010.000-042
Land Assessment
$128,300
Improvements Assessment
$380,200
Total Assessment
$508,500
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