2510-2512 Beech Street, Valparaiso, IN 46383

$700,000
Property Type: Commercial Sale Square Footage: 13,888 Lot Size (sq. ft.): 57,586 Status: Closed
Current Price: $700,000 List Date: 7/15/2020 Last Modified: 2/24/2024

Overview

Description

Jump start your business or investments with this wonderful two building collection. Front building offers 6538 SF of retail/office/flex space. Back building features approx 7350 SF (includes mezzanine storage) of office/shop/flex warehouse space. Four front entrances make front building adaptable, and the building features ample windows, kitchenette, bathrooms, offices/conference rooms and balcony/loft space. Back warehouse is heated only, flex area is heated and cooled, and features 3 overhead doors and one office/service door. All this is on 1.32 acres with good parking makes this suitable for many users and investors.Zoning is Business Park, in a thriving area for commerce. Located just north of the target demographic area of Valparaiso for large retail and restaurant, and the roundabout at LaPorte Ave and Silhavy. Possible uses include retail, office, flex/warehouse, recreation, and other, Buyer to verify. Measurements and SF are approximate, buyer to verify.

Listing Details MLS# 478125

General Property Information

Living Area
13888
Building Area Source
Estimated
Year Built
1999
Lot Size Acres
1.322
Lot Size Square Feet
57586
Lot Size Dimensions
IRR
Stories
0

Property Features

Building Features: Acoustical Ceiling(s); Commercial Park Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Lunch Room; Meeting Room; Private Restrooms; Sheet Rock Ceiling(s); Other Construction Materials: Steel Siding; Stone; Other Cooling: Central Air; None Current Use: Mixed Use; Office; Retail Electric: Other Flooring: Concrete; Varies Foundation Details: Pillar/Post/Pier Heating: Forced Air; Wall Furnace Interior Features: Elevator Listing Terms: Cash; Other Parking Features: Paved Possession: Negotiable Possible Use: Office; Recreational; Retail; Other Rail Availability: None Road Frontage Type: City Street Roof: Fiberglass Security Features: Other Tenant Pays: Exterior Maintenance; Gas; Water 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
810000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
2510-2512
Street Name
Beech
Street Suffix
Street
County
Porter
State
IN
Postal Code
46383
Subdivision Name
Silhavy Comm Park

Remarks and Miscellaneous

Public Remarks
Jump start your business or investments with this wonderful two building collection. Front building offers 6538 SF of retail/office/flex space. Back building features approx 7350 SF (includes mezzanine storage) of office/shop/flex warehouse space. Four front entrances make front building adaptable, and the building features ample windows, kitchenette, bathrooms, offices/conference rooms and balcony/loft space. Back warehouse is heated only, flex area is heated and cooled, and features 3 overhead doors and one office/service door. All this is on 1.32 acres with good parking makes this suitable for many users and investors.Zoning is Business Park, in a thriving area for commerce. Located just north of the target demographic area of Valparaiso for large retail and restaurant, and the roundabout at LaPorte Ave and Silhavy. Possible uses include retail, office, flex/warehouse, recreation, and other, Buyer to verify. Measurements and SF are approximate, buyer to verify.

Status Change Information

Major Change Timestamp
2024-02-18T02:05:52Z
Major Change Type
Price Reduced
Price Change Timestamp
2024-02-18T02:05:52Z
Status Change Timestamp
2021-04-19
Offer Acceptance Date
2021-04-13
Close Date
2021-04-19
Close Price
700000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
15235
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
Zoning: COMM, Utilities: On, Roof Structure: Gable

Location, Tax, and Legal

Postal Code +4
4097
Tax Legal Description
Legal Description: SILHAVY COMMERCIAL PARK PARTIAL REPLAT PARC B&C E175.58 LT9 TIF
Parcel Number
641019279002000004
Zoning Description
Commercial
Township
Center
Directions
From LaPorte Ave and Silhavy, go north to Beech St, west to property.
Cross Street
Silhavy Rd

Construction Materials

Steel Siding
Yes
Stone
Yes
Other
Yes

Cooling

Central Air
Yes
None
Yes

Electric

Other
Yes

Flooring

Concrete
Yes
Varies
Yes

Foundation Details

Pillar/Post/Pier
Yes

Heating

Forced Air
Yes
Wall Furnace
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Other
Yes

Parking Features

Paved
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Roof

Fiberglass
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

Tenant Pays

Exterior Maintenance
Yes
Gas
Yes
Water
Yes

Current Use

Mixed Use
Yes
Office
Yes
Retail
Yes

Possible Use

Office
Yes
Recreational
Yes
Retail
Yes
Other
Yes

Building Features

Acoustical Ceiling(s)
Yes
Commercial Park Location
Yes
Exposed Under Roof Ceiling(s)
Yes
Exterior Lighting
Yes
Lunch Room
Yes
Meeting Room
Yes
Private Restrooms
Yes
Sheet Rock Ceiling(s)
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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