808 Vale Park Road, Valparaiso, IN 46383 (MLS# 820681)

808 Vale Park Road, Valparaiso, IN 46383

$2,098,999

Property Type: Commercial Sale Square Footage: 13,608 Lot Size (sq. ft.): 79,715 Status: Active

Current Price: $2,098,999 List Date: 5/14/2025 Last Modified: 5/14/2025

Overview

Description

This subject property is a 13,000 square-foot, two-story building located in Valparaiso's bustling North corridor. Fifth Third occupies 4,093 square feet and features drive thru lanes. Fifth Third also occupies an additional 2,485 square feet in the basement. A Hospice Center occupies 4,536 square feet on the second floor. The subject property sits on nearly 2-acres and is located near the intersection of Vale Park and Calumet Avenue. Currently this area of Valparaiso is under extensive redevelopment. A brand new state-of-the-art medical center neighbors the property. The opportunity for future development is endless.

Listing Details MLS# 820681

General Property Information

Number Of Units Total: Yes
Living Area: 13608
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 1983
Parking Total: 70
Lot Size Acres: 1.83
Lot Size Square Feet: 79715
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: Yes
Stories: 0

Property Features

Accessibility Features: Accessible Doors Basement: Daylight; Finished Building Features: Business District Location; Concrete Ceiling(s); Exterior Lighting; Lunch Room; Multi Tenant; Passenger Elevator(s); Private Restrooms; Other Business Type: Professional/Office Construction Materials: Brick; Stone Cooling: Central Air; None Current Use: Office Electric: Other Exterior Features: None Flooring: Carpet; Concrete; Vinyl Heating: Other Listing Terms: Cash; Conventional Owner Pays: Management; Other Parking Features: Paved Possession: Negotiable Possible Use: Office Rail Availability: None Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Agent Owned / Interest Tenant Pays: All Utilities; Common Area Maintenance Utilities: Cable Available; Electricity Available; Natural Gas Available Water Source: Public

Contract Information

Auction YN: No
Original List Price: 2098999
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant

Location Tax and Legal

Street Number: 808
Street Name: Vale Park
Street Suffix: Road
County: Porter
State: IN
Postal Code: 46383
Subdivision Name: Vale Park

Remarks and Miscellaneous

Public Remarks: This subject property is a 13,000 square-foot, two-story building located in Valparaiso's bustling North corridor. Fifth Third occupies 4,093 square feet and features drive thru lanes. Fifth Third also occupies an additional 2,485 square feet in the basement. A Hospice Center occupies 4,536 square feet on the second floor. The subject property sits on nearly 2-acres and is located near the intersection of Vale Park and Calumet Avenue. Currently this area of Valparaiso is under extensive redevelopment. A brand new state-of-the-art medical center neighbors the property. The opportunity for future development is endless.

Status Change Information

Major Change Timestamp: 2025-05-14T01:33:29Z
Major Change Type: New Listing
Status Change Timestamp: 2025-05-13

More Information

Exemption Information

Exemption YN: No

Income and Expenses

Electric Expense: 31980
Insurance Expense: 7326
Net Operating Income: 99576
New Taxes Expense: 35745
Water Expense: 3720
Gross Income: 0
Gross Scheduled Income: 0
Maintenance Expense: 0
Manager Expense: 0
Other Expense: 0
Professional Management Expense: 0
Sewer Expense: 0
Supplies Expense: 0
Total Actual Rent: 0
Trash Expense: 0

Showing Requirements

Showing Instructions: Contact listing agent

Historical Information

Public Historical Remarks: Utilities: On

Location, Tax, and Legal

Postal Code +4: 2602
Tax Annual Amount: 36000
Tax Year: 2025
Tax Legal Description: PAR IN SE 12-35-6 & NE 13-35-6 S VALE PARK RD& DR345 P13 AND E CUMBERLAND DR 1.83A TIF
Parcel Number: Tbd
Additional Parcels YN: No
Township: Center
Directions: Calumet to Vale Park

Accessibility Features

Accessible Doors: Yes

Basement

Daylight: Yes
Finished: Yes

Construction Materials

Brick: Yes
Stone: Yes

Cooling

Central Air: Yes
None: Yes

Electric

Other: Yes

Exterior Features

None: Yes

Flooring

Carpet: Yes
Concrete: Yes
Vinyl: Yes

Heating

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Paved: Yes

Possession

Negotiable: Yes

Roof

Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Agent Owned / Interest: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes

Water Source

Public: Yes

Owner Pays

Management: Yes
Other: Yes

Tenant Pays

All Utilities: Yes
Common Area Maintenance: Yes

Current Use

Office: Yes

Possible Use

Office: Yes

Building Features

Business District Location: Yes
Concrete Ceiling(s): Yes
Exterior Lighting: Yes
Lunch Room: Yes
Multi Tenant: Yes
Passenger Elevator(s): Yes
Private Restrooms: Yes
Other: Yes

Business Type

Professional/Office: Yes

Rail Availability

None: Yes

Listing Office: Seramur Properties, LLC

Last Updated: May - 14 - 2025

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