Fully Leased Mixed-Use
For Sale
$720,000
105 S Court Street, Crown Point, IN 46307
Commercial Sale, Crown Point, IN
Property Size4,770 SF
Lot Size0.06 Acres
Price / SF$150.94
Days on Market147
Property Features for 105 S Court Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Eat-in Kitchen, Open Floorplan, Laminate Counters
Exterior features
Balcony, Storage, Rain Gutters, Private Yard, Lighting, Fire Pit
Basement
Walk-Out Access, Unfinished, Full, Storage Space
Appliances
Dryer, Washer, Refrigerator, Range, Gas Water Heater, Dishwasher
Subdivision
Crown Point
Lot features
Back Yard, Rectangular Lot, Near Public Transit
View
City
Directions
From Main St turn W onto Clark St, then S onto Court St.
Standard status
Active
APN
451608134006000042
Size
4,770 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ORIG. TOWN OF CROWN POINT PT. LOTS 61 & 62 L.62 ' FRONTAGE 31.20 FT.'
Tax Annual Amount
7073
Legal Description
ORIG. TOWN OF CROWN POINT PT. LOTS 61 & 62 L.62 ' FRONTAGE 31.20 FT.'
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas, Hot Water(Heating), Forced Air
Water source
Public
Amenities
Private fenced backyard
Large unfinished basement
Building Details
Year built
1900
Additional Structures
Storage
Listing Agency:
Seramur Properties, LLC
(219) 548-8800
Listed By:
Dennis Seramur · License #RB14028997
(219) 241-4039
Added: May 12
Changed: Oct 2
Last Checked: Oct 5 at 3:06PM
MLS# 838709
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.
Investment Insights
Based on property information with market context.
Located at 105 S Court Street in Crown Point, this mixed-use property contains 4,770 square feet on a 0.0623-acre lot. The main level is configured for commercial use, while the second floor provides residential space. The property is fully leased and includes a large unfinished basement, private fenced backyard, balcony, storage, and on-street parking.
Built in 1900, the building received a rubber roof in 2021 along with new front doors, windows, tuckpointing, an awning, and front-facade improvements in 2024. Public water and public sewer serve the property. A historic Crown Point liquor license may be available through the City of Crown Point.
Built in 1900, the building received a rubber roof in 2021 along with new front doors, windows, tuckpointing, an awning, and front-facade improvements in 2024. Public water and public sewer serve the property. A historic Crown Point liquor license may be available through the City of Crown Point.
Key Highlights
- Fully leased mixed‑use property at 105 S Court Street, Crown Point, IN
- 4,770 square feet on a 0.0623‑acre lot
- Residential space located on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,223
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,460
$944.5K
Cap Rate 7%
$674,614
$674.6K
Cap Rate 9%
$524,700
$524.7K
Market Conditions
NOI Build-Up for 4,770 SF
Gross rent
$85.9K $18.00/SF
− Vacancy
−$10.3K −$2.16/SF
EGI
$75.6K $15.84/SF
− OpEx
−$28.3K −$5.94/SF
NOI
$47.2K $9.90/SF
Area
Lake County, IN
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,460
Cap Rate 7%
$674,614
Cap Rate 9%
$524,700
Alternative Uses
Best Use
Mixed Use
$674.6K
$590.3K – $787.1K
NOI $47,223 @ 7.0% cap · market cap 6.56%
Second Best
Retail
$656.7K
$574.6K – $766.1K
NOI $45,966 @ 7.0% cap · market cap 6.38%
Theoretical Best
Specialty Retail
$1.33M
$1.17M – $1.55M
NOI $93,212 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 46307, IN
69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space occupies the main level, with residential use on the second floor and a private fenced yard.
Where is this mixed-use property located?
The property is located at 105 S Court Street Crown Point, IN.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Fully leased mixed‑use property at 105 S Court Street, Crown Point, IN; 4,770 square feet on a 0.0623‑acre lot; Residential space located on the second floor
