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.
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA823611
Price : $1,755,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 2003
Lot Area : 47,044.80 Sqft
Status : Active
Acres : 1.08
Property Subtype 1 : Retail
Status : Active
Features
Heating System : Central
Exterior Features : Other
Appliances
Appliances : Refrigerator, Water Heater
Address Map
Country : US
State : IN
County : Lake
City : Crown Point
Street : Randolph
Street Number : 10685
Street Suffix : Street
Postal Code : 46307
Floor Number : 0
Longitude : W88° 45' 41.3''
Latitude : N41° 25' 25.4''
Directions : From I-65 and Route 30:Go west on Route 30, turn left on Taft (IN-55), then right on Randolph. The property is about half a mile down on the left.