307 Lincolnway, Valparaiso, IN 46383
$630,000
Property Type:
Commercial Sale
Square Footage:
11,145
Lot Size (sq. ft.):
5,793
Status:
Closed
Current Price:
$630,000
List Date:
9/15/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 502649
General Property Information
- Living Area
- 11145
- Building Area Source
- Assessor
- Year Built
- 1946
- Lot Size Acres
- 0.133
- Lot Size Square Feet
- 5793
- Lot Size Dimensions
- 44 x 132
- Stories
- 2
Property Features
Building Features:
Acoustical Ceiling(s); Balcony; Business District Location; Enclosed Stair(s); Exterior Lighting; Multi Tenant; Open Dock(s)
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Mixed Use
Electric:
200+ Amp Service
Flooring:
Varies
Foundation Details:
Block
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Private
Possession:
Close Of Escrow
Possible Use:
Multi-Family
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat; Rubber
Tenant Pays:
None
Utilities:
Cable Available; Electricity Connected; Phone Available
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 630000
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 307
- Street Name
- Lincolnway
- County
- Porter
- State
- IN
- Postal Code
- 46383
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- ONCE IN A LIFETIME OPPORTUNITY to own a gorgeous building right in downtown Valpo! Not only does this commercial building boast a 1 bedroom & 3 bedroom apartment for rentals on the second story but also two long standing businesses that are flourishing in the two storefronts on the main level. It also has unharnessed potential in the full dry basement with tall ceilings. You will not believe how great of shape this building is in. The visibility at this location is outstanding, the immense foot traffic keeps these businesses booming. The apartments are renovated tastefully and you just have to see the 3 bedroom apartment to believe it. Gorgeous building with unlimited potential for income, and it's already generating revenue for YOU! Schedule your private showing today, this location will not last long!!!
Status Change Information
- Major Change Timestamp
- 2021-11-30T12:55:32Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-11-30
- Offer Acceptance Date
- 2021-10-14
- Close Date
- 2021-11-30
- Close Price
- 630000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- N
Frontage Type
- Frontage Length
- 44
Income and Expenses
- New Taxes Expense
- 4124
- 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
- LA must be present.
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Zoning: COMM, Utilities: On, Parking: Public Parking, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 5699
- Tax Legal Description
- Legal Description: O S VALPARAISO S66 E4 LOT 5 & W42 LOT 6 OL 3
- Parcel Number
- 640924341006000004
- Zoning Description
- Commercial
- Township
- Center
- Directions
- Take Lincolnway east into downtown.... Second property from Morgan St on the North side of the road.
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- 200+ Amp Service
- Yes
Flooring
- Varies
- Yes
Foundation Details
- Block
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Private
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Flat
- Yes
- Rubber
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Phone Available
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- None
- Yes
Current Use
- Mixed Use
- Yes
Possible Use
- Multi-Family
- Yes
Building Features
- Acoustical Ceiling(s)
- Yes
- Balcony
- Yes
- Business District Location
- Yes
- Enclosed Stair(s)
- Yes
- Exterior Lighting
- Yes
- Multi Tenant
- Yes
- Open Dock(s)
- Yes
Rail Availability
- None
- Yes
Listing Office:
Realty Executives Premier
Last Updated: February - 24 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.