312-399-4563
218 S East St, Crown Point, IN for Sale
Freestanding - FOR SALE
1/9
null | Request Cap Rate

218 S East St
Crown Point, IN 46307


HIGHLIGHTS

  • Prime Location: High-visibility corner site with dual access from South East Street and Walnut Street in a rapidly growing commercial corridor.
  • Redevelopment Potential: Large Lot: 1.71 acres on 5 parcels, offering significant development flexibility to meet increasing demand in growing market.
  • Flexible Zoning (B-2): Allows for range of uses: retail, restaurants (with drive-thru), offices, auto services, entertainment venues, mixed-use, hotel
  • Economic Tailwinds: Crown Point is part of Northwest Indiana’s resilient retail and industrial markets. The city supports 15,500 jobs.
  • Existing Structure: 18,311 SF one-story commercial building with a full interior remodel completed in 2001/2002.
  • Proximity to Chicago: Regional growth is fueled by Illinois spillover, with new residents and businesses moving across the state line, driving demand.

OVERVIEW

Positioned on a high-visibility corner with dual access from South East Street and Walnut Street, this 1.71-acre commercial property in Crown Point presents a compelling redevelopment or repositioning opportunity. The site comprises five contiguous parcels and includes an 18,311 SF one-story commercial building, formerly home to The Super Bowl bowling alley. Though originally built in 1962, the building underwent a full interior remodel in 2001/2002, offering flexible space for a wide range of users. Zoned B-2, the property permits a diverse array of uses including retail, restaurants (with drive-thru potential), professional and medical offices, automotive services, entertainment venues, and even hotel or mixed-use development. With its generous lot size, established utility infrastructure, and highly adaptable zoning, this site is ideally suited for investors or developers seeking to capitalize on Crown Point’s growing commercial corridor and demand for versatile service-oriented developments.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

218 S East Street, Crown Point, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

B-2

APN/PARCEL ID

45-16-08-256-002.000-042,45-16-08-256-003.000-042,45-16-08-256-004.000-042,45-16-08-256-009.000-042,45-16-08-256-010.000-042

ASK ABOUT THIS PROPERTY

Brian GoldmanCapRock Real EstateMore Info
312-399-4563

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brian GoldmanCapRock Real EstateMore Info
312-399-4563

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.