118 Clark St, Crown Point, IN 46307
6,000 SF | 100% Leased | Office Building | Crown Point, IN 46307 | $1,680,000 ($280/SF) | 5.33% Cap Rate
For Sale
Active
Asking Price $1,680,000
- Property Type
-
Office
- Square Feet
- 6,000 SF
- Price / Square Foot
- $280
Listing Contacts
Dennis Seramur
- Property Info
Property Overview
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. Sale includes the 4-way liquor license. Current main floor tenant may elect to sign a long term lease. Please allow 48 hour notice for all showing requests. Contact Listing Agent to arrange for showing. Subject to Tenant Approval. Proof of funds or preapproval required prior to showing.
Property Details
- Class
- B
- Year Built
- 1920
- Stories
- 2
- Property Subtype
- Office/Residential, Other Restaurants, Loft/Creative Space, Office Live/Work Unit
- Lot Size (sq. ft)
- 2,178 SF
Highlights
- Historic Downtown location right across from Courthouse/Museum
- Heavy Foot Traffic
- Exposed Brick Walls
- 4-way Liquor License included
- All Main Level Trade Fixtures included
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