Listing provided courtesy of eXp Realty, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 839259
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Request Info250 N Main StreetCrown Point, IN 46307
Commercial · 12,606 Sq. ft. | 0.13 Acres$2,399,000
Active
250 N Main Street Overview
- Time on Site:
- 39 days
- Visits:
- 4
Rarely available mixed-use asset in a high-visibility corridor, an easy 2.5-block walk from the burgeoning Crown Point Square. Originally designed as 12 units, the property is currently structured as 16 units total: four 1,000 sq. ft. two-bedroom residential units with in-unit laundry, plus twelve commercial spaces, and a shared conference room breakroom for the lower level tenants. With strong cash flow, high build quality, excellent condition, and great tenants in place, 250 N. Main Street is exceptionally positioned to serve the long-term investor or business owner-occupant seeking diversified income for years to come as Crown Point continues to grow as the hub of Northwest Indiana. Recent capital improvements include the mansard roof, flat roof, windows, gutters, soffits and fascia, and the two entranceways with new aluminum wrap and new individual roofs, plus new mailboxes and a furnace pump.
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250 N Main Street Facts & Features
- Type Commercial
- Sq. ft. 12,606
- Price/Sq.ft. $190
- Lot 0.13 Acres
Details
General
Income/Expenses
- Electric Expense: 800
- Gross Income: 213900
- Gross Scheduled Income: 234900
- Insurance Expense: 3300
- Net Operating Income: 161724
- Operating Expense: 52176
- Trash Expense: 175
Building Information
- Year Built: 1969
Location/Region
- County Or Parish: Lake
- Subdivision Name: Railroad Add To Crown Point
- Township: Center
Tax Information
- Tax Annual Amount: 26019
- Tax Year: 2024
General Information
- Listing Terms: Conventional,Other
- Parcel Number: 451605460004000042
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Special Listing Conditions: None
Interior
Building Interior
- Building Area Source: Assessor
General Information
- Basement: false
- Building Features: Meeting Room,Mixed Use,Business District Location,Multi Tenant
- Electric: 200+ Amp Service
- Heating: Hot Water
- Living Area: 12606
Exterior
Parking Information
- Parking Features: Off Street,Additional Parking,Asphalt
- Parking Total: 22
Lot Information
- Additional Parcels: false
- Lot Size Acres: 0.13
- Lot Size Source: Assessor
- Lot Size Square Feet: 5663
- Water Source: Public
Waterfront/View
- View: City,Neighborhood
- Waterfront: false
General Information
- Sewer: Public Sewer
- Utilities: Cable Connected,Water Connected,Sewer Connected,Natural Gas Connected,Electricity Connected
250 N Main Street Neighborhood
Community
46307 (Crown Point) Demographics
40
Median Age
725
Population Density (per sq. mile)
38%
College Educated
$87,543
Estimated Median Income
20,128
Estimated Total Home Owners
2,839
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.250 N Main Street Monthly Cost
250 N Main Street Market Data
Based on the last 30 days in this zip code
$476,841
Average List Price
$190
Average Price per Square Foot
123
Properties Sold
61
Average Days on Market
499
Properties for Sale
250 N Main Street History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: Northwest Indiana MLS | $2,399,000 -7.7% |
|
| 5/21/2026Source: Northwest Indiana MLS | May 21, 2026 |