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Listed price in listed location currency (USD).
$1,755,000

0070

MLS® 823611

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 4505 sqft
Garage No
Maintenance Fees 
Taxes $20,998
Days Active 183
Approx. Age 2003
Avg. Price Per Sqft $389
MLS® Number 823611

Property Address: 10685 Randolph St, Crown Point, IN, 46307-9424

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number823611
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2003
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2025List Date
$1,755,000List Price
  • Commute

Commute

Starting Address
Destination Address
10685 Randolph St, Crown Point, IN

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