1425 E Glendale Boulevard, Valparaiso, IN 46383

$14,820,000
Property Type: Commercial Sale Square Footage: 43,500 Lot Size (sq. ft.): 143,748 Status: Closed
Current Price: $14,820,000 List Date: 5/28/2026 Last Modified: 5/28/2026

Overview

Description

Newly renovated Class A medical facility nearing completion. The property totals 43,500 square feet, with up to 32,500 square feet available. Space delivered as gray shell, ready for custom medical buildouts with medical-grade infrastructure. The two-story design includes a bright central atrium, three elevators, covered parking, and ADA-compliant access. This is a prime location directly across from ValPlayso Park, just one block from Calumet Avenue, with excellent visibility and convenient access to SR-49 and nearby corridors with more than 12,000 vehicles per day. The site is ideal for health systems, specialty practices, and medical groups seeking modern, efficient, and well-located space in a growing market. First floor tenant space: approximately 10,500 square feet. The entry includes a main lobby and vestibule with three elevator cores and two stairwells, as well as dedicated physician and staff parking and a covered patient drop-off canopy. Utility rooms for electrical, IT, wa ...

Listing Details MLS# 839694

General Property Information

Number Of Units Total
Yes
Living Area
43500
Building Area Source
Owner
Accessibility Features YN
Yes
Year Built
2025
Parking Total
182
Lot Size Acres
3.3
Lot Size Square Feet
143748
Lot Size Source
Public Records
Waterfront YN
No
Basement YN
No
Stories
2

Property Features

Accessibility Features: Accessible Doors Building Features: Atrium; Enclosed Stair(s); Exterior Lighting; High Speed Internet; Meeting Room; Multi Tenant; Passenger Elevator(s); Private Restrooms; Public Restrooms; Wood Panel Ceiling(s) Business Type: Medical Construction Materials: Brick; Cement Siding Cooling: Central Air; Zoned Current Use: Vacant Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Lighting Flooring: Carpet; Concrete; Tile; Other Heating: Central; Forced Air; Natural Gas; Zoned Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office Lot Features: Few Trees; Landscaped; Near Public Transit; Paved Owner Pays: See Remarks Parking Features: Additional Parking; Paved Possession: Negotiable Possible Use: Medical/Dental; Office Rail Availability: None Roof: Other Security Features: Carbon Monoxide Detector(s); Fire Alarm; Security Lights; Security System; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: All Utilities Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Park/Greenbelt; Trees/Woods Water Source: Public

Contract Information

Auction YN
No
Original List Price
14820000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
1425
Street Direction Prefix
E
Street Name
Glendale
Street Suffix
Boulevard
County
Porter
State
IN
Postal Code
46383

Remarks and Miscellaneous

Public Remarks
Newly renovated Class A medical facility nearing completion. The property totals 43,500 square feet, with up to 32,500 square feet available. Space delivered as gray shell, ready for custom medical buildouts with medical-grade infrastructure. The two-story design includes a bright central atrium, three elevators, covered parking, and ADA-compliant access. This is a prime location directly across from ValPlayso Park, just one block from Calumet Avenue, with excellent visibility and convenient access to SR-49 and nearby corridors with more than 12,000 vehicles per day. The site is ideal for health systems, specialty practices, and medical groups seeking modern, efficient, and well-located space in a growing market. First floor tenant space: approximately 10,500 square feet. The entry includes a main lobby and vestibule with three elevator cores and two stairwells, as well as dedicated physician and staff parking and a covered patient drop-off canopy. Utility rooms for electrical, IT, water riser, and janitorial service are in place. Multiple flexible shell areas are ready for immediate buildout with ADA-compliant corridors and restrooms, along with direct access to a rear loading zone for deliveries and clinical support. Second floor tenant space: approximately 22,000 square feet. The layout features an open central atrium with two elevator cores and two stairwells. The shell space is prepped for medical or office use, with centrally located men's and women's restrooms, a janitor's closet, and vertical shaft space to support specialized medical infrastructure. The floor plan is designed for efficient multi-tenant configurations with abundant natural daylight, ensuring functionality and patient comfort.

Status Change Information

Major Change Timestamp
2026-05-28T19:54:41Z
Major Change Type
Status Change
Status Change Timestamp
2026-05-28
Offer Acceptance Date
2026-01-19
Close Date
2026-05-27
Close Price
14820000
Concessions
Call Listing Agent
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
By appointment only.
Listing Office: McColly Real Estate
Last Updated: May - 28 - 2026
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