1031 E Summit Street

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1031 E Summit Street

Crown Point, IN 46307
Asking Price
$1.20M
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse available for purchase at 1031 E Summit Street.
  • Property features a total building footprint of 6,500 square feet.
  • Strategic location within the growing Crown Point, Indiana market.
  • Asset suitable for distribution, storage, or light industrial operations.
  • Current asking price for the industrial facility is $1,200,000.

What's Special

This industrial warehouse property in Crown Point, Indiana, is available for sale and represents a functional asset for investors or owner-occupiers seeking flexible workspace. Spanning 6,500 square feet, the building at 1031 E Summit Street provides a straightforward footprint for operations ranging from light manufacturing and distribution to regional storage. Crown Point serves as an established residential and business hub within the Northwest Indiana region, benefiting from proximity to regional transit corridors and the broader Chicago metropolitan economy. The submarket maintains steady demand for small-to-mid-sized industrial facilities, supporting diverse business requirements and long-term utility for commercial tenants. Capitalizing on this footprint allows operators to secure a presence in a central municipal location with accessibility to surrounding regional markets. Investors may consider the potential for adaptive use or stable holding performance within this inventory-constrained sector.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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