1351 Silhavy Road, Valparaiso, IN 46383

$2,100,000
Property Type: Commercial Sale Square Footage: 19,740 Lot Size (sq. ft.): 59,677 Status: Closed
Current Price: $2,100,000 List Date: 1/07/2019 Last Modified: 6/19/2024

Overview

Description

3-Story office building with elevator. Frontage on US Hwy 30. Drive up access on Silhavy Rd. Built in 2006. Grade A condition and quality. Zoned commercial general. Currently used as office space. Good ingress and egress. Good location to major thoroughfares and locations with compatible surrounding uses. Tenant occupied with minimal vacancy.

Listing Details MLS# 448098

General Property Information

Living Area
19740
Building Area Source
Appraiser
Year Built
2006
Lot Size Acres
1.37
Lot Size Square Feet
59677
Lot Size Dimensions
1.37 acres
Waterfront YN
No
Stories
3

Property Features

Building Features: Office Park Location; Passenger Elevator(s); Sheet Rock Ceiling(s); Other Construction Materials: Brick; Frame; Stucco Cooling: Central Air Current Use: Office Electric: 200+ Amp Service Flooring: Tile Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Common; Open; Paved Possible Use: Medical/Dental; Mixed Use; Office Rail Availability: None Road Frontage Type: Highway Roof: Flat; Other Security Features: Other Tenant Pays: Gas Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
2800000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
1351
Street Name
Silhavy
Street Suffix
Road
County
Porter
State
IN
Postal Code
46383
Subdivision Name
Commerce Center US Hwy 30

Remarks and Miscellaneous

Public Remarks
3-Story office building with elevator. Frontage on US Hwy 30. Drive up access on Silhavy Rd. Built in 2006. Grade A condition and quality. Zoned commercial general. Currently used as office space. Good ingress and egress. Good location to major thoroughfares and locations with compatible surrounding uses. Tenant occupied with minimal vacancy.

Status Change Information

Major Change Timestamp
2019-05-23T11:51:54Z
Major Change Type
Status Change
Status Change Timestamp
2019-05-23
Offer Acceptance Date
2019-03-29
Close Date
2019-05-23
Close Price
2100000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2017
Gross Scheduled Income
323861
Net Operating Income
191233
New Taxes Expense
72241
Electric Expense
0
Gross Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Showing Requirements

Showing Instructions
By appointment only. 48 hours notice.
Appointment Only
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Frontage Access: Public Road

Location, Tax, and Legal

Postal Code +4
9582
Tax Legal Description
Legal Description: PARC IN SE NE DESC D#2005-24933 30-35-5 1.37A TIF
Parcel Number
641030277004000004
Zoning Description
Commercial
Township
Center
Directions
Corner of US Hwy 30 and Silhavy Rd
Cross Street
US Hwy 30

Construction Materials

Brick
Yes
Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes

Flooring

Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Common
Yes
Open
Yes
Paved
Yes

Road Frontage Type

Highway
Yes

Roof

Flat
Yes
Other
Yes

Security Features

Other
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes

Current Use

Office
Yes

Possible Use

Medical/Dental
Yes
Mixed Use
Yes
Office
Yes

Building Features

Office Park Location
Yes
Passenger Elevator(s)
Yes
Sheet Rock Ceiling(s)
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: Collins & Collins Exec Realty
Last Updated: June - 19 - 2024
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