301 Washington Street, Valparaiso, IN 46383
$899,000
Property Type:
Commercial Sale
Square Footage:
7,784
Lot Size (sq. ft.):
8,712
Status:
Active
Current Price:
$899,000
List Date:
3/16/2026
Last Modified:
8/27/2026
Listing Details MLS# 835494
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 7784
- Building Area Source
- Assessor
- Accessibility Features YN
- No
- Year Built
- 1910
- Parking Total
- 2
- Lot Size Acres
- 0.2
- Lot Size Square Feet
- 8712
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- 3
Property Features
Appliances:
Dishwasher; Dryer; Gas Range; Range Hood; Refrigerator; Stainless Steel Appliance(s); Washer; Water Heater; Water Softener Owned; Other
Basement:
Daylight; Finished; Full
Building Features:
Other
Business Type:
Hotel/Motel; Other
Construction Materials:
Wood Siding
Cooling:
Central Air; Zoned
Current Use:
Commercial; Residential; Single Family; Other; See Remarks
Electric:
200+ Amp Service
Exterior Features:
Lighting; Private Yard; Rain Gutters
Flooring:
Hardwood; Tile
Heating:
Forced Air; Zoned
Interior Features:
Ceiling Fan(s); Crown Molding; Entrance Foyer; Granite Counters; High Ceilings; Kitchen Island; Open Floorplan; Soaking Tub; Walk-In Closet(s); Other
Laundry Features:
Laundry Room; Lower Level; Sink; Upper Level; Other
Listing Terms:
Cash; Conventional
Lot Features:
Back Yard; Corner Lot; Few Trees; Front Yard; Landscaped; Near Public Transit
Owner Pays:
All Utilities; Exterior Maintenance; Gas; Grounds Care; HVAC Maintenance; Insurance; Janitorial Service; Management; Repairs; Roof Maintenance; Security; Sewer; Snow Removal; Taxes; Trash Collection; Water; See Remarks
Parking Features:
Additional Parking; Attached; Driveway; Garage Faces Rear; Off Street; On Street
Possession:
Negotiable
Possible Use:
Commercial; Residential; Other; See Remarks
Rail Availability:
None
Roof:
Shingle
Security Features:
Fire Alarm; Security System; Smoke Detector(s); Other
Sewer:
Public Sewer
Special Licenses:
Other
Special Listing Conditions:
None
Tenant Pays:
None; See Remarks
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View:
Neighborhood
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 899000
- Property Sub Type
- Hotel-Motel
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 301
- Street Name
- Washington
- Street Suffix
- Street
- County
- Porter
- State
- IN
- Postal Code
- 46383
- Subdivision Name
- Valparaiso
Remarks and Miscellaneous
- Public Remarks
- 301 Washington Street, known locally as The Valparaiso Inn, presents a rare hospitality and live work investment opportunity in the heart of Valparaiso's Washington Street Historic District just three blocks from the downtown square. This distinguished Neo Colonial Revival property has undergone an extensive restoration with half a million dollars invested to preserve its historic character while modernizing key systems and infrastructure. The four level property offers a flexible layout ideal for boutique hospitality, short term rental, or owner operator business use. Interior features include hardwood floors, tall bay windows, three decorative fireplaces, and multiple gathering spaces complemented by a chef's kitchen with granite countertops, travertine tile, and Viking appliances. The second level includes five spacious guest suites each with private ensuite baths and a dedicated laundry area. The third floor provides two additional bedrooms and a shared bath, possibly allowing for expanded guest accommodations or flexible use. The finished daylight basement includes a fully equipped studio suite with kitchen, living area, bedroom, bath, and second laundry, creating an ideal private owner residence or additional possible rental suite. The property is currently zoned residential but carries an approved zoning variance allowing operation as a bed and breakfast and the variance may transfer with the sale. With seven guest rooms plus a separate lower level suite, the property offers strong potential for six plus figure annual revenue in Valparaiso's growing tourism and event driven market. Located within walking distance to downtown dining, retail, parks, and year round festivals, this one of a kind historic asset combines lifestyle, hospitality, and income producing potential in one of Northwest Indiana's most desirable downtown corridors.
Status Change Information
- Major Change Timestamp
- 2026-03-16T12:19:45Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-03-16
More Information
Exemption Information
- Exemption YN
- Yes
- Exemptions
- partial homestead, and commercial
Showing Requirements
- Showing Instructions
- showing time. listing agent to be present for all showings. pre approval or proof of funds required for showing approval.
Listing Office:
@properties/Christie's Intl RE
Last Updated: August - 27 - 2026
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