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

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.

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
Waterfront YN
No

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

Showing Requirements

Showing Instructions
Use Showing Assist

Historical Information

Public Historical Remarks
Utilities: On, Roof Structure: Pitched
Listing Office: RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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