
Mayden Professional Center - South Building
Mixed-Use 12-16 Unit - 2.5 Blocks from Crown Point Town Square
Marketing description
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.
Investment highlights
- Excellent Building Condition
- No Near-Term Capital Expenditures Expected
- 8-12 Commercial Units
- 4 Residential Units
- 2.5 Blocks from Bugeoning Downtown Square
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