2507 Cumberland Drive, Valparaiso, IN 46383
$620,000
Property Type:
Commercial Sale
Square Footage:
8,000
Lot Size (sq. ft.):
31,799
Status:
Closed
Current Price:
$620,000
List Date:
3/15/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 489552
General Property Information
- Living Area
- 8000
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1979
- Lot Size Acres
- 0.73
- Lot Size Square Feet
- 31799
- Lot Size Dimensions
- 125 x 253
- Stories
- 0
Property Features
Building Features:
Acoustical Ceiling(s); Lunch Room; Meeting Room; Office Park Location; Private Restrooms; Suspended Ceiling(s); Other
Construction Materials:
Block; Brick; Frame
Cooling:
Central Air
Current Use:
Office
Electric:
Other
Flooring:
Carpet; Vinyl; Other
Foundation Details:
Concrete Perimeter
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Paved; Private
Possession:
Negotiable; Seller Rent Back
Possible Use:
Commercial; Medical/Dental; Mixed Use; Office; Retail; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Fiberglass; Other
Security Features:
Other
Utilities:
Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 635000
- Property Sub Type
- Office
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 2507
- Street Name
- Cumberland
- Street Suffix
- Drive
- County
- Porter
- State
- IN
- Postal Code
- 46383
- Subdivision Name
- Vale Park South
Remarks and Miscellaneous
- Public Remarks
- Wonderful opportunity to slip right into an existing building with fantastic office space. Over 6,938 finished square feet. 4,000 SF on the main level fully finished. Main floor offers reception, open training or workspace area, 9 offices plus a couple used as conference rooms, 3 restrooms & a second open work space. Finished basement plus about 1,062 SF in two storage rooms. Basement has a kitchenette / break area, a restroom, a couple more offices, and a conference/training room. Basement has dual egress windows, one on each side of the building. Durable brick exterior. Original portion (east) was built in 1979, addition (west) was put on around 2000. Good amount of off street parking, at least 23 spots. BP business park zoning. Located on the near northside of Valparaiso, near re-development, and with great access east and west off Vale Park, or north and south off Calumet.
Status Change Information
- Major Change Timestamp
- 2021-06-30T11:54:28Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-06-30
- Offer Acceptance Date
- 2021-04-30
- Close Date
- 2021-06-30
- Close Price
- 620000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 125
Income and Expenses
- New Taxes Expense
- 20
- 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
- Use Showing Assist
- 24 Hour Notice
- Yes
- Listing Agent Must Accompany
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Roof Structure: Pitched
Location, Tax, and Legal
- Postal Code +4
- 2503
- Tax Legal Description
- Legal Description: VALE PARK SOUTH LOT 19 EX N125 TIF
- Parcel Number
- 640913204007000004
- Township
- Center
- Directions
- From Calumet Ave and Vale Park Rd, go around the roundabout and take Vale Park Rd heading west. Follow Vale Park Rd to Cumberland Dr. turn south on Cumberland Dr. Property will be on the west side of the street.
- Cross Street
- Vale Park
Construction Materials
- Block
- Yes
- Brick
- Yes
- Frame
- Yes
Cooling
- Central Air
- Yes
Electric
- Other
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
- Other
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Paved
- Yes
- Private
- Yes
Possession
- Negotiable
- Yes
- Seller Rent Back
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Fiberglass
- Yes
- Other
- Yes
Security Features
- Other
- Yes
Utilities
- 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
Current Use
- Office
- Yes
Possible Use
- Commercial
- Yes
- Medical/Dental
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Retail
- Yes
- Other
- Yes
Building Features
- Acoustical Ceiling(s)
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Office Park Location
- Yes
- Private Restrooms
- Yes
- Suspended Ceiling(s)
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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