1351 Silhavy Road, Valparaiso, IN 46383
$3,500,000
Property Type:
Commercial Sale
Square Footage:
19,740
Lot Size (sq. ft.):
59,677
Status:
Closed
Current Price:
$3,500,000
List Date:
11/17/2023
Last Modified:
10/11/2024
Overview
Description
Listing Details MLS# 541983
General Property Information
- Number Of Units Total
- 5
- Living Area
- 19740
- Building Area Source
- Assessor
- Year Built
- 2006
- Parking Total
- 62
- Lot Size Acres
- 1.37
- Lot Size Square Feet
- 59677
- Lot Size Source
- Assessor
- Lot Size Dimensions
- Irregular
- Waterfront YN
- No
- Basement YN
- No
- Stories
- 0
Property Features
Building Features:
Acoustical Ceiling(s); Enclosed Stair(s); Passenger Elevator(s); Private Restrooms; Public Restrooms; Sheet Rock Ceiling(s); Other
Construction Materials:
Block; Brick
Cooling:
Central Air
Current Use:
Medical/Dental; Office
Electric:
Other
Flooring:
Varies
Foundation Details:
See Remarks
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Other
Parking Features:
Common; Paved
Possession:
Negotiable
Possible Use:
Medical/Dental; Office
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Fiberglass; Flat; Other
Security Features:
Smoke Detector(s)
Sewer:
Septic Tank
Utilities:
Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Water Available
Showing Requirements:
Appointment Only
Contract Information
- Auction YN
- No
- Original List Price
- 3750000
- Property Sub Type
- Office
- Property Attached YN
- No
- 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
- none
Remarks and Miscellaneous
- Public Remarks
- One of Valparaiso's most prominent signature gateway buildings, 1351 Silhavy offers 19,740 SF of some of the best Class A office space in Valparaiso. The property is located at the intersections of IN Hwy 49 and US Hwy 30, and nestled between two of Valpo's largest hotels. Nearby businesses include Menards, Home Depot, Walmart, Wendy's, Bob Evans, and more, all within a 1/2 mile of Valparaiso University grounds. Per INDOT, over 58,000 cars per day drive by the property, since it's visible from highway 30 and 49. CAP rate is estimated at 7.11. Showings after prequalification appointment only, please respect our Tenants.
Status Change Information
- Major Change Timestamp
- 2024-10-11T19:49:00Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2024-10-11
- Offer Acceptance Date
- 2024-08-22
- Close Date
- 2024-10-10
- Close Price
- 3500000
- Concessions
- Yes
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- New Taxes Expense
- 62852
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 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, use showing time. 48 hour notice req'd
- Appointment Only
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On
Location, Tax, and Legal
- Postal Code +4
- 9582
- Tax Annual Amount
- 34636.24
- Tax Year
- 2023
- Tax Legal Description
- Legal Description: PARC IN SE NE DESC D#2005-24933 30-35-5 1.37A TIF
- Parcel Number
- 641030277004000004
- Township
- Center
- Directions
- From Highway 30, go North at lighted intersection to Silhavy. Follow Silhavy east and north to property on LHS.
- Cross Street
- US Hwy 30
Construction Materials
- Block
- Yes
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- Other
- Yes
Flooring
- Varies
- Yes
Foundation Details
- See Remarks
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Other
- Yes
Parking Features
- Common
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Fiberglass
- Yes
- Flat
- Yes
- Other
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Water Available
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Current Use
- Medical/Dental
- Yes
- Office
- Yes
Possible Use
- Medical/Dental
- Yes
- Office
- Yes
Building Features
- Acoustical Ceiling(s)
- Yes
- Enclosed Stair(s)
- Yes
- Passenger Elevator(s)
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
- Sheet Rock Ceiling(s)
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
RE/MAX Lifestyles
Last Updated: October - 11 - 2024
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