Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    102 N Main Street Crown Point, IN 46307

    View on Map
    Claim this Listing
    For Lease
    $2,000/Mo $18 SF/Yr (calc)

    COMMERCIAL - Crown Point, IN

    Type:Retail
    Property size:
    1,273 SF
    Lot size:
    0.18 Acres
    Added:
    Jan 12, 2026
    Days on Market:
    109
    Last Refresh:
    May 1 at 5:06 pm

    Property Features for 102 N Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    451608202011000042
    Size
    1,273 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SW. COR. 69 X 112 FT. OF L.32 ORIG. TOWN OF CROWN POINT
    Tax Annual Amount
    16869

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1850

    We can help!

    Listing Contact
    Dennis Seramur
    Dennis Seramur

    Listing agent Dennis Seramur License #RB14028997

    Listing office Seramur Properties, LLC 10 Washington St., Valparaiso, IN

    Listing date Jan 12, 2026

    MLS# 832823

    Copyright © 2026 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.

    Overview

    Downtown Retail Space in Crown Point

    Located in downtown Crown Point, this retail space offers 1273 square feet of area on a lot of 0.177 acres. The property is suitable for a number of businesses due to its excellent location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schmoley's (Bike/Boat/Book/etc) Store Alex's Barber Shop Barber Shop Amaranthos Events Event Planning Epic Gourmet Popcorn (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crown Point
    County
    Lake
    State
    Indiana
    Longitude
    -87.364157
    Latitude
    41.41815

    Nearby Similar for Lease

    • $2,950/Mo

      Professional Office Suite in Crown

      2,024 SF office suite in high-demand Crown Point business park.
      1175 Erie Court, Crown Point, IN 46307
      View Details
    • $3,600/Mo

      Crown Point Commercial Space Available

      Flexible commercial space suitable for various business types in Crown Point.
      10659-10661 Randolph Street, Crown Point, IN 46307
      View Details
    • $1,800/Mo

      Crown Point Commercial Space For Lease

      Flexible commercial space suitable for various business types.
      10661 Randolph Street, Crown Point, IN 46307
      View Details
    • $1,800/Mo

      Commercial Space in Crown Point

      Flexible commercial space suitable for various business types.
      10659 Randolph Street, Crown Point, IN 46307
      View Details
    • $6,000/Mo

      Prime Retail Space on Square

      Versatile retail space in vibrant Crown Point Square location.
      101 S Court Street, Crown Point, IN 46307
      View Details
    • $17,233/Mo

      New Class A Office Building

      New office building in Crown Point's business corridor.
      619 N Indiana Avenue, Crown Point, IN 46307
      View Details
    • $12 SF/Yr

      Crown Point Flex/Warehouse Space

      Multi-tenant flex/warehouse building with office and warehouse space available.
      Arrowhead Ct 1217, Crown Point, IN
      View Details
    • Contact for pricing

      Crown Point Warehouse and Showroom

      7,000 SF warehouse/showroom with outdoor storage and high visibility.
      1601 N Main St, Crown Point, IN 46307
      View Details
    • Contact for pricing

      Crown Point Retail Endcap Space

      Retail space for lease in Crown Point, Indiana.
      1401-1461 E. Summit Street, Crown Point, IN 46307
      View Details
    • Contact for pricing

      Winfield Retail/Office Space Available

      Approximately 1,200 SF retail/office space for lease in Winfield.
      10610 Randolph Street, Winfield, IN 46307
      View Details
    • $16 SF/Yr

      Modern Office Space Available

      Well-maintained office space with flexible floor plan for rent.
      8080 E 109th Ave, Crown Point, IN
      View Details
    • $14 SF/Yr

      Crown Point Light Industrial Space

      12,000 SF light industrial space for lease.
      396 E 111th Ct, Crown Point, IN
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in an excellent downtown location suitable for various businesses.
    Where is this retail space located?
    The property is located at 102 N Main Street Crown Point, IN.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Excellent downtown location.; Suitable for a number of businesses.; Natural gas heating.
    (219) 241-4039
    We can help!
    Listing Contact
    Dennis Seramur
    Dennis Seramur
    Real Estate License ID: RB14028997
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    102 N Main Street, Crown Point, IN 46307

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!