Commercial For Sale near Doubletree Lake
Turn-Key Restaurant Investment Offering10685 Randolph St. | 4,505 SF | Doubletree Plaza | Crown Point, IN 46307A stabilized, income-producing restaurant property located in Doubletree Plaza--one of Winfield's most active commercial corridors. The 4,505 SF building is leased to a long-standing restaurant operator and includes a liquor license, offering long-term value and stable returns.The property features recent upgrades including a new patio, roof, windows, and doors, along with a large on-site shed for additional storage or operational use. With minimal landlord responsibilities and a NN lease, this asset delivers reliable in-place income and future upside.Lease & Financial Overview:See attached marketing materials under documents for more info.Market Highlights:The Crown Point/Winfield area has seen rapid growth fueled by strong residential development, a pro-business climate, and its proximity to Chicago. Thousands of new homes have been built within a 3-mile radius, and both towns continue to attract new commercial activity. Winfield ranks among Indiana's fastest-growing towns, and Crown Point has experienced a significant population increase in the last decade. Demand for quality retail and restaurant space continues to rise, supporting long-term appreciation.Tenant Strength:The current tenant is an established local operator with a strong following and proven track record. Their continued investment in the space and long-standing presence in the community adds a layer of stability and reliability to the income stream.Contact broker for a showing.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 4505
- Year Built: 2003
- Location: Doubletree Lake
- Acres: 1.080
- ViewTypes: City
- County: Lake County
- Community: TOWN CENTER
- Heat/AC: Central
- Roof:
- Property Taxes: $20,998
- MLS #: 823611
Location
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Contact Information:
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Listing Agent: Adriana Gomez, McColly Real Estate, 317-431-6130, 219-462-2411 Listing Site, Listing Status: Active
Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7149571 |
| Viewed: | 7 times |
| Added: | Dec 11, 2025 |
| Updated on: | Dec 11, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
