3158 S State Road 2, Valparaiso, IN 46385
$900,000
Property Type:
Commercial Sale
Square Footage:
10,050
Lot Size (sq. ft.):
26,572
Status:
Closed
Current Price:
$900,000
List Date:
2/02/2023
Last Modified:
2/22/2024
Overview
Description
Listing Details MLS# 525612
General Property Information
- Living Area
- 10050
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1949
- Lot Size Acres
- 0.61
- Lot Size Square Feet
- 26572
- Lot Size Dimensions
- 228 x 138
- Stories
- 2
Property Features
Building Features:
Atrium; Balcony; Business District Location; Courtyard; Exterior Lighting; Patio; Private Restrooms; Sheet Rock Ceiling(s); Suspended Ceiling(s)
Construction Materials:
Block; Brick; Frame; Stone
Cooling:
Central Air
Current Use:
Commercial
Electric:
100 Amp Service; 150 Amp Service; 200+ Amp Service
Flooring:
Carpet; Tile; Wood; Other
Foundation Details:
Block; Concrete Perimeter
Heating:
Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot
Parking Features:
Private
Possession:
Negotiable
Possible Use:
Commercial; Medical/Dental; Office; Place of Worship; Other
Rail Availability:
None
Road Frontage Type:
State Road
Roof:
Aluminum; Composition
Security Features:
Fire Escape
Special Licenses:
Liquor
Tenant Pays:
None
Utilities:
Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
Appointment Only
Contract Information
- Original List Price
- 1690000
- Property Sub Type
- Retail
- Property Attached YN
- No
- Listing Agreement
- Exclusive Agency
- Common Interest
- Planned Development
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 3158
- Street Direction Prefix
- S
- Street Name
- State Road 2
- County
- Porter
- State
- IN
- Postal Code
- 46385
- Subdivision Name
- Aberdeen Ph A
Remarks and Miscellaneous
- Public Remarks
- An opportunity to own The Abbey. A Valparaiso landmark restaurant, lounge, and Inn located in the upscale neighborhood of Aberdeen. The restaurant has a fully equipped modern kitchen, Three (3) dining areas and a full bar can accommodate 100 people. The outdoor seats 50 people. The Abbey comes with a 3 way liquor license. The kitchen, restaurant, bar and patio are all new. Almost everything from the restaurant, bar, and Inn remains with the sale. The Inn features 11 private suites with baths. 8,000 autos per day travel past the Abbey on IN Road 2 providing excellent exposure. However, once inside, guests and patrons are secluded amongst the mature oak tress surrounding the property. the Links at Aberdeen, one of Indiana's premier 18 hole golf course is less than a quarter mile away. Call for an appointment to view one of the best dining and lodging experiences located in Northwest Indiana.
Status Change Information
- Major Change Timestamp
- 2024-02-16T20:52:31Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-16T20:52:31Z
- Status Change Timestamp
- 2024-01-05
- Offer Acceptance Date
- 2023-11-29
- Close Date
- 2024-01-05
- Close Price
- 900000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Building Dimensions
- 120 x 51
- Atrium
- Yes
- Balcony
- Yes
- Business District Location
- Yes
- Courtyard
- Yes
- Exterior Lighting
- Yes
- Patio
- Yes
- Private Restrooms
- Yes
- Sheet Rock Ceiling(s)
- Yes
- Suspended Ceiling(s)
- Yes
Exemption Information
- Exemption YN
- N
Frontage Type
- Frontage Length
- 228
Income and Expenses
- New Taxes Expense
- 10791
- Trash Expense
- 1200
- 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
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Call 48 Hours in Advance of Showing. Not Available Wednesday
- Appointment Only
- Yes
Historical Information
- Public Historical Remarks
- Zoning: BUSO, Utilities: On, Roof Structure: Gable, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 7765
- Tax Legal Description
- Legal Description: ABERDEEN PHASE A LOT VC-6 .605A DR458 P137 NWCD
- Parcel Number
- 640933431007000003
- Zoning Description
- Business
- Township
- Center
- Directions
- Indiana Road 2 to Aberdeen Drive. Turn West or Right. Immediately on the right or West corner.
- Cross Street
- Aberdeen Drive
Construction Materials
- Block
- Yes
- Brick
- Yes
- Frame
- Yes
- Stone
- Yes
Cooling
- Central Air
- Yes
Electric
- 100 Amp Service
- Yes
- 150 Amp Service
- Yes
- 200+ Amp Service
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
- Wood
- Yes
- Other
- Yes
Foundation Details
- Block
- Yes
- Concrete Perimeter
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Corner Lot
- Yes
Parking Features
- Private
- Yes
Possession
- Negotiable
- Yes
Road Frontage Type
- State Road
- Yes
Roof
- Aluminum
- Yes
- Composition
- Yes
Security Features
- Fire Escape
- Yes
Utilities
- Cable 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
Tenant Pays
- None
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Commercial
- Yes
- Medical/Dental
- Yes
- Office
- Yes
- Place of Worship
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Special Licenses
- Liquor
- Yes
Listing Office:
Century 21 Alliance Group
Last Updated: February - 22 - 2024
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