48 N 450 E, Valparaiso, IN 46383

$857,500
Property Type: Commercial Sale Square Footage: 23,472 Lot Size (sq. ft.): 216,493 Status: Closed
Current Price: $857,500 List Date: 2/01/2018 Last Modified: 2/24/2024

Overview

Description

Industrial, Warehouse/Office Complex excellently located on and visible from Highway 30 just East of Porter County Airport and Highway 49. Property features 5 acres of land, three large (7,200'each) climated controlled connected Warehouse buildings with bathrooms, overhead doors and fire doors between them. Main building contains 1,000' of nicely finished, air conditioned, office space with open area plus three private offices, bathroom, and lunch room. Also a 30'X 60' three door garage. The property is well-maintained inside and out and is suitable for a variety of Warehouse, Distribution, or Manufacturing applications.

Listing Details MLS# 428951

General Property Information

Living Area
23472
Building Area Source
Assessor
Year Built
1976
Lot Size Acres
4.97
Lot Size Square Feet
216493
Lot Size Dimensions
23,472 square feet
Stories
0

Property Features

Building Features: Acoustical Ceiling(s); Exposed Under Roof Ceiling(s); Exterior Lighting; Inside Corridor(s); Lunch Room; Near Airport; Open Dock(s); Private Restrooms; Other Construction Materials: Steel Siding Current Use: Office; Warehouse Electric: 200+ Amp Service; 440 Volts Flooring: Tile Foundation Details: Concrete Perimeter Heating: Forced Air; Radiant Interior Features: Elevator Listing Terms: Other Parking Features: Private; Unpaved Possible Use: Commercial; Industrial; Warehouse Rail Availability: None Road Frontage Type: County Road; Highway Roof: Composition Security Features: Fire Sprinkler System Sewer: Private Sewer Utilities: Cable Available; Electricity Connected; Natural Gas Connected Water Source: Private; Well Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
899000
Property Sub Type
Industrial
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
48
Street Direction Prefix
N
Street Name
450
Street Direction Suffix
E
County
Porter
State
IN
Postal Code
46383
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
Industrial, Warehouse/Office Complex excellently located on and visible from Highway 30 just East of Porter County Airport and Highway 49. Property features 5 acres of land, three large (7,200'each) climated controlled connected Warehouse buildings with bathrooms, overhead doors and fire doors between them. Main building contains 1,000' of nicely finished, air conditioned, office space with open area plus three private offices, bathroom, and lunch room. Also a 30'X 60' three door garage. The property is well-maintained inside and out and is suitable for a variety of Warehouse, Distribution, or Manufacturing applications.

Status Change Information

Major Change Timestamp
2018-08-10T12:29:44Z
Major Change Type
Status Change
Status Change Timestamp
2018-08-10
Offer Acceptance Date
2018-05-29
Close Date
2018-08-10
Close Price
857500
Buyer Financing
Other

More Information

Building Features

Clear Ceiling Height
12' - 14' - and 16'
Overhead Doors
6
Acoustical Ceiling(s)
Yes
Exposed Under Roof Ceiling(s)
Yes
Exterior Lighting
Yes
Inside Corridor(s)
Yes
Lunch Room
Yes
Near Airport
Yes
Open Dock(s)
Yes
Private Restrooms
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2016
New Taxes Expense
6872
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
Please use showing assist - 24 hour advanced notice
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Zoning: INDUS, Utilities: On, Air Cond/Ventilation: Office Only, Roof Structure: Gable, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
9310
Tax Legal Description
Legal Description: PARC IN E570 N439.83 S OF RR SW 34-35-5 4.97A DITCH
Parcel Number
641034300006000020
Zoning Description
Industrial
Township
Washington
Directions
From Highway 49 and 30 go East on 30 for 2 miles to 450 East, turn right, property is on the right.

Construction Materials

Steel Siding
Yes

Electric

200+ Amp Service
Yes
440 Volts
Yes

Flooring

Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes
Radiant
Yes

Interior Features

Elevator
Yes

Listing Terms

Other
Yes

Parking Features

Private
Yes
Unpaved
Yes

Road Frontage Type

County Road
Yes
Highway
Yes

Roof

Composition
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Private Sewer
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes

Water Source

Private
Yes
Well
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Current Use

Office
Yes
Warehouse
Yes

Possible Use

Commercial
Yes
Industrial
Yes
Warehouse
Yes

Rail Availability

None
Yes
Listing Office: Century 21 Alliance Group
Last Updated: February - 24 - 2024
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