About 10685 Randolph Street
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.
Features of 10685 Randolph Street
| MLS® # | 823611 |
|---|---|
| Price | $1,755,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,505 |
| Acres | 1.08 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 10685 Randolph Street |
|---|---|
| Subdivision | TOWN CENTER |
| City | Crown Point |
| County | Lake |
| State | IN |
| Zip Code | 46307 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 70 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator, Water Heater |
|---|---|
| Heating | Central |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | Landscaped |
School Information
| District | Crown Point |
|---|
Additional Information
| Date Listed | June 30th, 2025 |
|---|---|
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Adriana Gomez |
|---|---|
| Office | McColly Real Estate |
