840 E Lincolnway Pending Save Request In-Person Tour Request Virtual Tour
Valparaiso,IN 46383
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $152
Subdivision Churchs Sub
MLS Listing ID 827348
Year Built 1973
Annual Tax Amount $3,682
Tax Year 2024
Lot Size 9,016 Sqft
Property Sub-Type Office
Property Description
Currently tenant-occupied and producing a 10 percent cap rate.Lease it out as an investment or make it your own professional office space! Prime corner office building near Downtown Valparaiso and Valparaiso University! This updated and well-maintained 2,300 sq. ft. property offers two levels of finished-heated space with flexible layout options. Features include a welcoming built-in conference area with granite counters, multiple private offices, conference rooms, storage, and a kitchenette with quartz counters, gray cabinets, sink, fridge, and microwave. Three bathrooms, exterior ramp access, and modern finishes throughout add convenience and functionality. The exterior is equally impressive with professional landscaping, a fenced backyard with green space ideal for client or employee gatherings, and a 9-space private parking lot. Extensive updates between 2016-2019 include roof, windows, doors, floors, electric, HVAC, water heater, baths, kitchenette, exterior stone/brick facade, landscaping, attic insulation, gutters, soffit, fascia, and parking lot. Currently tenant-occupied, this is an income-producing opportunity with the majority of office furnishings included. A turn-key property perfect for investors or future owner-users looking for a professional space in a highly desirable location. Make an offer today!
Location
State IN
County Porter
Rooms
Basement Finished,Interior Entry,Full
Interior
Interior Features Entrance Foyer,Stone Counters,Granite Counters
Heating Central,Forced Air
Cooling Central Air
Flooring Carpet,Tile,Other
Fireplace No
Appliance Microwave,Refrigerator
Exterior
Exterior Feature Lighting,Private Yard,Rain Gutters
Parking Features Additional Parking,On Street,Paved,Asphalt
Utilities Available Cable Connected,Water Connected,Electricity Connected,Sewer Connected,Natural Gas Connected
Roof Type Asphalt,Shingle
Building
Lot Description Corner Lot,Paved,Landscaped
Story 1
Structure Type Cement Siding,Stone
Others
Acceptable Financing Cash,Lease Purchase,Conventional
Listing Terms Cash,Lease Purchase,Conventional