605 Silhavy Road, Valparaiso, IN 46383 (MLS# 448067)

605 Silhavy Road, Valparaiso, IN 46383

$1,030,000

Property Type: Commercial Sale Square Footage: 16,072 Lot Size (sq. ft.): 59,242 Status: Closed

Current Price: $1,030,000 List Date: 1/14/2019 Last Modified: 2/24/2024

Overview

Description

This 16,072 SF property on Silhavy road in Valparaiso is a high traffic area spot with great visibility. With 6,400 SF showroom/office, and 9,600 square feet heated warehouse, it is perfect for a light industrial user or retail user. The warehouse has two 14 foot overhead doors for easy access and 21'10 ceilings around the perimeter, 25' in the center. The building is unique for the area, and definitely hard to replicate for the cost. Customer parking and entry right on Silhavy on a corner lot. High traffic and convenience to Highways make this a highly desirable area. Building has housed Tudor Floors since its construction but will be vacant Spring 2019.

Listing Details MLS# 448067

General Property Information

Living Area: 16072
Building Area Source: Assessor
Year Built: 1996
Lot Size Acres: 1.36
Lot Size Square Feet: 59242
Lot Size Dimensions: 313'x192'
Stories: 0

Property Features

Building Features: Business District Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Lunch Room; Mixed Use; Private Restrooms; Public Restrooms; Suspended Ceiling(s) Construction Materials: Brick; Steel Siding Cooling: Central Air Current Use: Mixed Use; Warehouse Flooring: Carpet; Concrete; Tile Foundation Details: Concrete Perimeter Heating: Central Interior Features: Elevator Listing Terms: Cash; Conventional; Other Lot Features: Corner Lot Parking Features: Common; Lighted; Paved Possession: Negotiable Possible Use: Industrial; Mixed Use; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Composition; Metal Security Features: Security Lights Tenant Pays: Gas; Water Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Connected Water Source: Public Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany

Contract Information

Auction YN: No
Original List Price: 1225000
Property Sub Type: Retail
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner

Location Tax and Legal

Street Number: 605
Street Name: Silhavy
Street Suffix: Road
County: Porter
State: IN
Postal Code: 46383
Subdivision Name: Silhavy Comm Park

Remarks and Miscellaneous

Public Remarks: This 16,072 SF property on Silhavy road in Valparaiso is a high traffic area spot with great visibility. With 6,400 SF showroom/office, and 9,600 square feet heated warehouse, it is perfect for a light industrial user or retail user. The warehouse has two 14 foot overhead doors for easy access and 21'10 ceilings around the perimeter, 25' in the center. The building is unique for the area, and definitely hard to replicate for the cost. Customer parking and entry right on Silhavy on a corner lot. High traffic and convenience to Highways make this a highly desirable area. Building has housed Tudor Floors since its construction but will be vacant Spring 2019.

Status Change Information

Major Change Timestamp: 2024-02-18T02:36:24Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-02-18T02:36:24Z
Status Change Timestamp: 2020-05-14
Offer Acceptance Date: 2020-03-16
Close Date: 2020-05-14
Close Price: 1030000
Concessions: No
Buyer Financing: Cash

More Information

Building Features

Overhead Doors: 2
Business District Location: Yes
Exposed Under Roof Ceiling(s): Yes
Exterior Lighting: Yes
Lunch Room: Yes
Mixed Use: Yes
Private Restrooms: Yes
Public Restrooms: Yes
Suspended Ceiling(s): Yes

Exemption Information

Exemption YN: Y

Income and Expenses

New Taxes Expense: 22755
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: Listing Broker must be present, showings must be confirmed.
24 Hour Notice: Yes
Listing Agent Must Accompany: Yes

Historical Information

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

Location, Tax, and Legal

Postal Code +4: 4438
Tax Legal Description: Legal Description: SILHAVY COMMERCIAL PARK PARTIAL REPLAT PAR B&C LOT 1 TIF
Parcel Number: 641019277007000004
Township: Center
Directions: Head north on Silhavy road from Laporte Ave. Property is located a little over a quarter mile up the road on the left hand (West) side. Beech Street is the South property line.

Construction Materials

Brick: Yes
Steel Siding: Yes

Cooling

Central Air: Yes

Flooring

Carpet: Yes
Concrete: Yes
Tile: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Central: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Lot Features

Corner Lot: Yes

Parking Features

Common: Yes
Lighted: Yes
Paved: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes

Roof

Composition: Yes
Metal: Yes

Security Features

Security Lights: Yes

Utilities

Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes

Water Source

Public: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Tenant Pays

Gas: Yes
Water: Yes

Current Use

Mixed Use: Yes
Warehouse: Yes

Possible Use

Industrial: Yes
Mixed Use: Yes
Warehouse: Yes

Rail Availability

None: Yes

Listing Office: Wille Stiener & Brust, Inc.

Last Updated: February - 24 - 2024

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