2080 Main StCrown Point, IN 46307

Property Details for 2080 Main St

Year built

1994

Construction

TYPE NOT SPECIFIED

Lot size

1.60 AC

Property size (Sq ft)

10,345 SF

Property type

Office properties

APN

45-12-32-251-001.000-029

APU

451232251001000029

Description

This exceptional executive office space, totaling 4,900 square feet, becomes available January 1st and is ideally situated at 2080 N Main St in Crown Point, Indiana. Located in a Class B building constructed in 1994, this property boasts a highly visible 300-foot frontage on Main Street, experiencing an average daily traffic count of 15,484 vehicles. The spacious 1.6-acre lot provides ample parking for employees and clients. The suite is part of a larger 10,345 square foot building, offering a professional environment with shared amenities including a conference room accommodating up to 20 people. The property is zoned B-2 and is located in Lake County, Indiana, zip code 46307. This multi-tenant building presents a fantastic opportunity for businesses seeking a prominent and easily accessible location in Crown Point. The property offers a professional common area entrance and benefits from its strategic location, ensuring high visibility and convenient access for clients and staff. The available space is perfect for businesses requiring a substantial footprint and a professional image. This is a rare opportunity to secure a significant office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,324,588

  6.5%

  $3,068,850

  7%

  $2,849,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,347,436

  Geo Method

  $1,347,436

• Alternative Use

  Use

  Valuation

  Residential

  $3,805,375

  Hospitality

  $3,485,703

  Educational

  $2,900,064

  Medical

  $2,999,802

  Retail

  $4,511,210

Location Insight

City

Crown Point

County

Lake

State

Indiana

Latitude

41.445

Longitude

-87.3639

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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