850 Transport Drive, Valparaiso, IN 46383
$2,200,000
Property Type:
Commercial Sale
Square Footage:
18,000
Lot Size (sq. ft.):
56,628
Status:
Closed
Current Price:
$2,200,000
List Date:
11/01/2023
Last Modified:
7/22/2024
Overview
Description
Listing Details MLS# 540473
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 18000
- Building Area Source
- Owner
- Accessibility Features YN
- Yes
- Year Built
- 2017
- Parking Total
- 10
- Lot Size Acres
- 1.3
- Lot Size Square Feet
- 56628
- Lot Size Source
- Assessor
- Lot Size Dimensions
- 260 x 168
- Basement YN
- No
- Stories
- Yes
Property Features
Building Features:
Commercial Park Location; Dock Leveler(s); Docks Community; Enclosed Dock(s); Lunch Room; Meeting Room; Open Dock(s); Patio; Private Restrooms; Suspended Ceiling(s)
Construction Materials:
Concrete; Steel Siding
Cooling:
Central Air
Current Use:
Investment
Electric:
440 Volts
Flooring:
Carpet; Concrete
Foundation Details:
Concrete Perimeter
Heating:
Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Lighted; Paved; Private
Possession:
Other
Possible Use:
Commercial; Industrial; Mixed Use; Place of Worship; Warehouse; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Metal
Security Features:
Security Lights
Tenant Pays:
Gas; Water
Utilities:
Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 2400000
- Property Sub Type
- Industrial
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 850
- Street Name
- Transport
- Street Suffix
- Drive
- County
- Porter
- State
- IN
- Postal Code
- 46383
- Subdivision Name
- Eastport Industrial Center
Remarks and Miscellaneous
- Public Remarks
- Investment opportunity to own a pristine building with a 5 year tenant. 18,000 square feet industrial building available built in 2017. Extremely clean. Located in the Eastporte Commercial/Industrial Center next to Porter County Regional Airport. Currently owned and occupied by a manufacturer based in Illinois and Indiana with domestic and international sales. Current owner signing a market rate NNN lease in January of'24 for 5 years with additional 5 year option. Over 17,000 square feet of warehouse/industrial space. 16' clear ceiling height. Features multiple upgrades: a) 3 Phase 460 Volt 600 Amp service, epoxy flooring, Two (2) 14' overhead dock doors, one completely internal dock with load leveler, metal roof, entire building heated and air conditioned, 800' of office with kitchen and conference room. Call to see this building.
Status Change Information
- Major Change Timestamp
- 2024-07-22T15:41:14Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2024-07-22
- Offer Acceptance Date
- 2024-07-03
- Close Date
- 2024-07-19
- Close Price
- 2200000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Industrial Park Name
- Eastporte Center for Comm
- Number of Offices
- Yes
- Office SqFt
- 800
- Commercial Park Location
- Yes
- Dock Leveler(s)
- Yes
- Docks Community
- Yes
- Enclosed Dock(s)
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Open Dock(s)
- Yes
- Patio
- Yes
- Private Restrooms
- Yes
- Suspended Ceiling(s)
- Yes
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 260
Income and Expenses
- Expense Year
- 2024
- Gross Scheduled Income
- 162000
- Net Operating Income
- 162000
- New Taxes Expense
- 18031
- Total Actual Rent
- 162000
- Electric Expense
- 0
- Gross Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Call Listing office 24 hours in Advance of Showing
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Zoning: BUSO, Utilities: On, Roof Structure: Gable, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 8432
- Tax Annual Amount
- 18041.22
- Tax Year
- 2022
- Tax Legal Description
- Legal Description: REPLAT OF LOTS 14&33 EASTPORTE CENTER FOR COMMERCE 7 INDUSTRY LOT 33-B DITCH TIF
- Parcel Number
- 641029128004000029
- Zoning Description
- Business
- Township
- Washington
- Directions
- From Eastporte Center Drive, East on either Bowman Drive or Enterprise Avenue to Transport Drive. Building on the West side of Transport Drive
Construction Materials
- Concrete
- Yes
- Steel Siding
- Yes
Cooling
- Central Air
- Yes
Electric
- 440 Volts
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Lighted
- Yes
- Paved
- Yes
- Private
- Yes
Possession
- Other
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Metal
- Yes
Security Features
- Security Lights
- 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
- Gas
- Yes
- Water
- Yes
Current Use
- Investment
- Yes
Possible Use
- Commercial
- Yes
- Industrial
- Yes
- Mixed Use
- Yes
- Place of Worship
- Yes
- Warehouse
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
Century 21 Alliance Group
Last Updated: July - 22 - 2024
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