www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32806001
32806002

250 North Main Street, Crown Point, IN 46307 For Sale

TM
IN RB14033343, IL 471000579
eXp Commercial, LLC.
Listed by eXp Commercial, LLC.
$2,399,000
62 days on market
Updated 26 days ago

Mayden Professional Center - South Building

Details
Property Type Office, Mixed Use
Sub Type Traditional Office, Executive Office (+1)
Square Footage 12,606
Cap Rate 6.72%
NOI $161,148
Occupancy 93.75%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.59%
Pro-Forma NOI $182,148
Price per SqFt $190
Class B
Year Built 1969
Year Renovated 2019, 2024
Buildings 1
Acreage 0.140
Zoning B-2
Investment Type Stabilized
Ground Lease No

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

Listing Contacts

TM
IN RB14033343, IL 471000579
eXp Commercial, LLC.
Listed by eXp Commercial, LLC.

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$161,148.00
$13,429.00/mo

Valuation Metrics

0
DSCR
6.72%
Cap Rate
6.72%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tony Mitidiero
License
RB14033343
Brokerage Phone
7082593734
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591