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118 W Clark Street Crown Point, IN $ 1,680,000
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$ 1,680,000 Get more info
118 W Clark Street
$ 1,680,000
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Share Save

118 W Clark Street

Crown Point, IN, 46307
$ 1,680,000
Bedrooms-- Baths-- Sq 6,210

Monthly Estimate*

$ 10,481

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Commercial Property for sale in Crown Point, IN

for $1,680,000. This 6,210 square foot building was built in 1920 on a lot size of 0.0462.

This historic downtown Crown Point Property located on the square directly across from the courthouse/museum is awaiting new ownership. Building features main level restaurant/bar and 2000 sqft upstairs apartment, both currently rented with main floor tenant on a month to month lease, and upstairs on a long term lease. Sale of property includes premier 4-way liquor license and all trade fixtures for the restaurant/bar. Liquor license allows for beer, wine, and liquor sales, along with packaged sales, events, and a 3:00am close time, and is transferrable to another Crown Point location if desired. Trade fixtures include all bar seating, beer taps, walk-in coolers, freezers, pizza oven, fryers, and Ansul System.

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Commercial Active

Price

$ 1,680,000

Property Type

Commercial

Taxes

$ 17,934

Style

Mixed Use

Lot Size

0.0462

Year Built

1920

Town/City

Crown Point

County/Region

Lake

MLS | Web ID

820277
Features
Interior
Interior Amenities Ceiling Fan(s) Wet Bar
Laundry Features Gas Dryer Hookup Washer Hookup Upper Level
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Cable Connected Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Built-In Gas Range Water Heater Refrigerator Gas Water Heater Freezer Dishwasher
Security Features Smoke Detector(s)
Year Built 1920
Electric 100 Amp Service 200+ Amp Service
Township Center
Property Subtype Mixed Use
Tax Year 2023
Gross Income 93000
County Lake
Net Operating Income 71246
Insurance Expense 4000
Property Type Commercial Sale
MaintenanceExpense 0
Subdivision Name City/Crown Point
Building Features Private Restrooms Business District Location Exterior Lighting Enclosed Stair(s)
Status Active
Directions From Main St turn Right onto Clark St
City Crown Point
Zoning Description Commercial
Lot Size Square Feet 2012.47
Listing Terms Cash Conventional
Tax Annual Amount 17934
Standard Status Active
Total Actual Rent 93000
Taxes 17754
Legal Description ORIG. TOWN OF CROWN POINT 22 FT. 10 1/4 IN. X 91 FT. PT. W2 L.15
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Exterior
Exterior Amenities None
Parking Features On Street
Lot Features Paved Private
Water Source Public
Total Parking 0
Lot Size Acres 0.0462
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Dennis Seramur

Listing Agent

Seramur Properties, Llc

Broker

dj@seramurproperties.com

Email

Affordability Calculator

$11,976
Per Month
88%
12%
0%
Monthly Principal & Interest
$10,481
Monthly Property Taxes
$1,495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2025$1,680,000 Listed Price

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118 W Clark Street, Crown Point, IN, 46307 is a Commercial Property for sale at $1,680,000 with 6,210 sqft and a lot size of 0.0462. 118 W Clark Street was built in 1920. The property's zip code is 46307 which is in Crown Point, IN

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