2606 Valley Drive, Valparaiso, IN 46383

$525,000
Property Type: Commercial Sale Square Footage: 5,758 Lot Size (sq. ft.): 49,005 Status: Closed
Current Price: $525,000 List Date: 12/09/2019 Last Modified: 6/19/2024

Overview

Description

5,758 SF Professional Office Building on 1.125 Acre Site (two parcels). Highly desirable location on the corner of Valley Drive and Vale Park Road. Highly traveled, great visibility and easy assess. Masonry and cedar construction one story with abundant parking with 50 spaces. Orginal building built in1976 with major addition completed in 1995. Interior is currently configured as a veterinary clinic but could be easily reconfigured for a multitude of professional uses. Proposed deed restriction prohibits similar use.

Listing Details MLS# 467184

General Property Information

Living Area
5758
Building Area Source
Assessor
Year Built
1976
Lot Size Acres
1.125
Lot Size Square Feet
49005
Lot Size Dimensions
220 x 215
Stories
0

Property Features

Building Features: Business District Location; Exterior Lighting; Lunch Room; Meeting Room; Office Park Location; Private Restrooms; Public Restrooms; Suspended Ceiling(s) Construction Materials: Brick; Cedar; Frame Cooling: Central Air; Zoned Current Use: Medical/Dental Flooring: Concrete; Varies Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Common Possession: Negotiable Possible Use: Medical/Dental; Office; Retail Rail Availability: None Road Frontage Type: City Street Roof: Composition Security Features: Security Lights Tenant Pays: None Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
825000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
2606
Street Name
Valley
Street Suffix
Drive
County
Porter
State
IN
Postal Code
46383
Subdivision Name
Vale Park South

Remarks and Miscellaneous

Public Remarks
5,758 SF Professional Office Building on 1.125 Acre Site (two parcels). Highly desirable location on the corner of Valley Drive and Vale Park Road. Highly traveled, great visibility and easy assess. Masonry and cedar construction one story with abundant parking with 50 spaces. Orginal building built in1976 with major addition completed in 1995. Interior is currently configured as a veterinary clinic but could be easily reconfigured for a multitude of professional uses. Proposed deed restriction prohibits similar use.

Status Change Information

Major Change Timestamp
2024-02-18T02:37:33Z
Major Change Type
Price Reduced
Price Change Timestamp
2024-02-18T02:37:33Z
Status Change Timestamp
2021-02-19
Close Date
2021-02-19
Close Price
525000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
N

Frontage Type

Frontage Length
219

Showing Requirements

Showing Instructions
Call broker. No lock box.
Appointment Only
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Roof Structure: Pitched, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
2511
Tax Legal Description
Legal Description: Vale Park South Lot 21
Parcel Number
640913204001000004
Zoning Description
Commercial
Township
Center
Directions
Located at the intersection of Valley Drive and Vale Park Road which serves as the primary east/west thoroughfare on Valparaiso's north side. Mid-point between Calumet Avenue and Campbell Street, this location offers easy access, great visibility

Construction Materials

Brick
Yes
Cedar
Yes
Frame
Yes

Cooling

Central Air
Yes
Zoned
Yes

Flooring

Concrete
Yes
Varies
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Common
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Roof

Composition
Yes

Security Features

Security Lights
Yes

Utilities

Electricity Available
Yes
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

Income and Expenses

Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
New Taxes Expense
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Tenant Pays

None
Yes

Current Use

Medical/Dental
Yes

Possible Use

Medical/Dental
Yes
Office
Yes
Retail
Yes

Building Features

Business District Location
Yes
Exterior Lighting
Yes
Lunch Room
Yes
Meeting Room
Yes
Office Park Location
Yes
Private Restrooms
Yes
Public Restrooms
Yes
Suspended Ceiling(s)
Yes

Rail Availability

None
Yes
Listing Office: McColly Real Estate
Last Updated: June - 19 - 2024
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