502 Wall Street, Valparaiso, IN 46383

$1,850,000
11,270
SqFt

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. Seller is IN licensed real estate agent.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Re/Max Lifestyles.

The data relating to real estate for sale on this Web site comes in part from the Broker ReciprocitySM Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Re/Max Lifestyles on the detailed information includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved.
Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing.
Updated . Information deemed reliable but not guaranteed.