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Goldsborough Retail 418-420 Merrillville Rd 1,000 - 2,650 SF of Space Available in Crown Point, IN 46307



Highlights
- High visibility, lit building, with security cameras.
- Two blocks from down town square.
- Garbage, water and snow removal provided.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 119 | 1,000 SF | Negotiable | $42.37 CAD/SF/YR $3.53 CAD/SF/MO $42,370 CAD/YR $3,531 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 418 | 1,650 SF | Negotiable | $19.01 CAD/SF/YR $1.58 CAD/SF/MO $31,370 CAD/YR $2,614 CAD/MO | Full Service |
1st Floor, Ste 119
This 1,000-square-foot turnkey office space is located just two blocks from historic downtown Crown Point, offering a convenient and professional setting for businesses seeking immediate occupancy. The property features a functional layout with three private offices, a welcoming lobby/waiting area, and an in-place kitchen for staff convenience. Fully furnished with desks and ready for use, the space minimizes setup time and expense for new tenants. Security and accessibility are key advantages, with 24/7 camera surveillance providing peace of mind. The property’s location near Main Street ensures easy access to local amenities, dining, and services, while its proximity to major thoroughfares supports connectivity throughout the region. This space is well-suited for professional services, medical practices, or small businesses seeking a move-in-ready environment in a vibrant community setting.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 3 Private Offices
- Turnkey office space with desks
- Includes a kitchen for staff
- Equipped with 24/7 camera security
1st Floor, Ste 418
Former Yoga Studio
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
- 2 Blocks from town square
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,650 SF | Total Land Area | 0.24 AC |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Storefront | Parking Ratio | 4.9/1,000 SF |
| Gross Leasable Area | 10,400 SF |
| Total Space Available | 2,650 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,400 SF |
| Total Land Area | 0.24 AC |
| Year Built | 1967 |
| Parking Ratio | 4.9/1,000 SF |
About the Property
418–420 Merrillville Road is a well-located two-unit commercial property positioned along a highly visible corridor in Crown Point. The property offers flexible layout options suitable for a variety of office, retail, or service-oriented users, with strong street presence and convenient access to surrounding residential neighborhoods and major roadways. On-site parking and independent unit entrances provide functionality for multi-tenant use or an owner-user configuration. The location benefits from steady traffic counts and proximity to local amenities, making it a solid opportunity for both investors and occupiers.
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Smoke Detector
Nearby Major Retailers
Presented by
Dexter Properties LLC
Goldsborough Retail | 418-420 Merrillville Rd
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