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502 Wall Street

Valparaiso, IN 46383
  • $1,450,000
  • STATUS: Active
  • ON SITE: 233 Days
  • MLS #: 514399
UPDATED: 68 min ago
$1,450,000
  • 0
    BEDS
  • 1.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,270
    SQFT
  • $129
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Description

Valparaiso professional office investment property with a proven long term history and quality current tenants. Nice mix of 6 spaces from 850 SF to 2400 SF, all currently occupied many with long term leases. Ave lease rates from $12/SF to just over $17/SF. Zoned Business Park BP. Quite a few exterior windows and rooms. Tenants include dental, medical, spa, music instruction, counseling, etc. Buildings offer covered drop off ellipses at the front doors, and layout of parking lot accomodates 51 spaces. Adjoining similar property also available on MLS, for a complete investor assemblage. Seller willing to work with 1031 Exchange buyer for those looking to plant their investment here. Location is phenomenal, near other medical, dental, counseling, and retail, just off the Calumet commercial corridor on the very near northside demographic heart of Valparaiso. 7.69 CAP. Seller is IN licensed real estate agent.

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© 2023 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-06T06:52:33.103.
www.mccormickrealestateindiana.com/homes/129953872
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502 Wall Street Valparaiso, IN 46383

  • Price: $1,450,000
  • Status: Active
  • On Site: 233 Days
  • Updated: 68 min ago
  • MLS #: 514399
0
Beds
0
Baths
0
½ Baths
1.4
Acres
11,270
SQFT
$129
$/SQFT
1983
Built
Neighborhood:
Vale Park South
County:
Porter
Area:
Valparaiso
Property Description
Valparaiso professional office investment property with a proven long term history and quality current tenants. Nice mix of 6 spaces from 850 SF to 2400 SF, all currently occupied many with long term leases. Ave lease rates from $12/SF to just over $17/SF. Zoned Business Park BP. Quite a few exterior windows and rooms. Tenants include dental, medical, spa, music instruction, counseling, etc. Buildings offer covered drop off ellipses at the front doors, and layout of parking lot accomodates 51 spaces. Adjoining similar property also available on MLS, for a complete investor assemblage. Seller willing to work with 1031 Exchange buyer for those looking to plant their investment here. Location is phenomenal, near other medical, dental, counseling, and retail, just off the Calumet commercial corridor on the very near northside demographic heart of Valparaiso. 7.69 CAP. Seller is IN licensed real estate agent.
Exterior Features

Exterior Features Cedar Open Parking Spaces 51 Parking Common ParkingPaved Parking

Property Features

Electric Other Heating Forced Air Lot Size Dimensions 243X251 Parking Features CommonPaved Property Sub Type Office Real Estate Owned YN No Tax Annual Amount 13498 Transaction Type Sale Zoning Description Buso

Listing information © 2023 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Matt Evans of Re/Max Lifestyles: .

© 2023 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-06T06:52:33.103.
 
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