1200 Roosevelt Place, Valparaiso, IN 46383 (MLS# 292708)

1200 Roosevelt Place, Valparaiso, IN 46383

$755,000

A great location for a medical/dental office in Valparaiso on Roosevelt Road near Vale Park Road. There are 40 parking spaces at the rear of the building with 6 in front.

The front of the building faces north. Medical offices are currently located on the east side of the building and dental offices are located on the west side with a shared waiting area.

There are 40 parking spaces in the rear of the building which faces east.

Property Type: Commercial Sale Square Footage: 4,425 Lot Size (sq. ft.): 31,799 Status: Closed

Current Price: $755,000 List Date: 8/19/2011 Last Modified: 2/24/2024

Overview

Listing Details MLS# 292708

General Property Information

Living Area: 4425
Building Area Source: Appraiser
Accessibility Features YN: Yes
Year Built: 1993
Lot Size Acres: 0.73
Lot Size Square Feet: 31799
Lot Size Dimensions: .73 acres
Stories: Yes

Property Features

Building Features: Acoustical Ceiling(s); Exterior Lighting; Lunch Room; Meeting Room; Mixed Use; Multi Tenant; Private Restrooms Construction Materials: Brick Cooling: Central Air Current Use: Medical/Dental Electric: Other Flooring: Carpet; Tile; Wood; Other Foundation Details: Concrete Perimeter Heating: Central; Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Near Public Transit Parking Features: Common Possible Use: Medical/Dental Rail Availability: None Road Frontage Type: City Street Roof: Composition Security Features: Security Lights; Security System Tenant Pays: Gas; Water Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected Water Source: Public Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany

Contract Information

Original List Price: 850000
Property Sub Type: Mixed Use
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: Showing Hotline
Owner Phone: 219-5487837
Occupant Type: Tenant
Occupant Name: Showing Hotline

Location Tax and Legal

Street Number: 1200
Street Name: Roosevelt
Street Suffix: Place
County: Porter
State: IN
Postal Code: 46383
Subdivision Name: Roosevelt Place

Status Change Information

Major Change Timestamp: 2024-02-18T02:01:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-02-18T02:01:00Z
Status Change Timestamp: 2012-01-27
Offer Acceptance Date: 2012-01-26
Close Date: 2012-01-27
Close Price: 755000
Buyer Financing: Conventional

Building Features

Number of Offices: 2
Office SqFt: 4425
Clear Ceiling Height: No
Acoustical Ceiling(s): Yes
Exterior Lighting: Yes
Lunch Room: Yes
Meeting Room: Yes
Mixed Use: Yes
Multi Tenant: Yes
Private Restrooms: Yes

More Information

Exemption Information

Exemption YN: Y

Income and Expenses

Expense Year: 2010
Gross Scheduled Income: 93298
Insurance Expense: 1901
Net Operating Income: 68571
New Taxes Expense: 13543
Total Actual Rent: 93298
Electric Expense: 0
Gross Income: 0
Maintenance Expense: 0
Manager Expense: 0
Other Expense: 0
Professional Management Expense: 0
Sewer Expense: 0
Supplies Expense: 0
Trash Expense: 0
Water Expense: 0

Lock Box Information

Lock Box Serial Number: N/A

Showing Requirements

Showing Instructions: Use Showing Assist or call the Showing Hotline 219/548-7837
24 Hour Notice: Yes
Listing Agent Must Accompany: Yes

Historical Information

Public Historical Remarks: Utilities: On, Roof Structure: Gable, Utilities: Storm Sewer Avail., Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Tax Legal Description: Legal Description: Roosevelt Place Lot 1 DR455P11
Parcel Number: 917255
Township: Center
Directions: Roosevelt Road between Glendale and Vale Park Road on east side of street.
Cross Street: Vale Park Road

Construction Materials

Brick: Yes

Cooling

Central Air: Yes

Electric

Other: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes
Other: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Central: Yes
Forced Air: Yes
Natural Gas: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Near Public Transit: Yes

Parking Features

Common: Yes

Road Frontage Type

City Street: Yes

Roof

Composition: Yes

Security Features

Security Lights: Yes
Security System: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes

Water Source

Public: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Tenant Pays

Gas: Yes
Water: Yes

Current Use

Medical/Dental: Yes

Possible Use

Medical/Dental: Yes

Rail Availability

None: Yes

Listing Office: BHHS Indiana Realty

Last Updated: February - 24 - 2024

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