218 S East St | Crown Point, IN 46307
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218 S East St
Crown Point, IN 46307
218 S East Street, Crown Point, IN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Location: High-visibility corner site with dual access from South East Street and Walnut Street in a rapidly growing commercial corridor.
- Flexible Zoning (B-2): Allows for range of uses: retail, restaurants (with drive-thru), offices, auto services, entertainment venues, mixed-use, hotel
- Existing Structure: 18,311 SF one-story commercial building with a full interior remodel completed in 2001/2002.
- Redevelopment Potential: Large Lot: 1.71 acres on 5 parcels, offering significant development flexibility to meet increasing demand in growing market.
- Economic Tailwinds: Crown Point is part of Northwest Indiana’s resilient retail and industrial markets. The city supports 15,500 jobs.
- Proximity to Chicago: Regional growth is fueled by Illinois spillover, with new residents and businesses moving across the state line, driving demand.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,311 SF
Building Class
C
Year Built/Renovated
1962/2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.78 AC
Zoning
B-2 - Allows for large-scale commercial use
Parking
82 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
365’ on East Joliet Street
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $446,400 | |
| Land Assessment | $1,170,100 | Total Assessment | $1,616,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,170,100
Improvements Assessment
$446,400
Total Assessment
$1,616,500
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