902 N Calumet Avenue, Valparaiso, IN 46383 (MLS# 423058)

902 N Calumet Avenue, Valparaiso, IN 46383

$899,000

RECESSED DOCK TO 17,000 SF WAREHOUSE SPACE WITH 3 OVERHEAD DOORS.

Property Type: Commercial Sale Square Footage: 26,134 Lot Size (sq. ft.): 37,897 Status: Closed

Current Price: $899,000 List Date: 9/27/2017 Last Modified: 2/24/2024

Overview

Description

26,000 S.F. facility. Current leases/tenants provide $9,350/month of current revenue per month. Building consists of 4 retail/office spaces currently leased. Aprox. 11,000 SF of warehouse space available for new owner occupant. High Visibility and High Traffic count. Recessed Dock, Four overhead doors ranging from 10 to 12 ft. Tenants pay own utilities.

Listing Details MLS# 423058

General Property Information

Living Area: 26134
Building Area Source: Assessor
Year Built: 1942
Lot Size Acres: 0.87
Lot Size Square Feet: 37897
Lot Size Dimensions: 135x295
Stories: 0

Property Features

Building Features: Acoustical Ceiling(s); Business District Location; Depressed Dock(s); Docks Community; Exposed Under Roof Ceiling(s); Exterior Lighting; Lunch Room; Skylight(s); Strip Mall Location Construction Materials: Block; Concrete Cooling: Central Air Current Use: Commercial; Mixed Use; Office; Retail; Warehouse Electric: 220 Volts; Circuit Breakers; Separate Meters Flooring: Carpet; Tile Foundation Details: Block Heating: Ceiling; Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Paved; Private Possible Use: Commercial; Industrial; Medical/Dental; Mixed Use; Office; Retail; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Barrel; Mixed; Rubber Security Features: Fire Alarm; Security Lights; Security System Tenant Pays: Gas; Water Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Water Connected Showing Requirements: 24 Hour Notice

Contract Information

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

Location Tax and Legal

Street Number: 902
Street Direction Prefix: N
Street Name: Calumet
Street Suffix: Avenue
County: Porter
State: IN
Postal Code: 46383
Subdivision Name: 1st Add To N Valpo

Remarks and Miscellaneous

Public Remarks: 26,000 S.F. facility. Current leases/tenants provide $9,350/month of current revenue per month. Building consists of 4 retail/office spaces currently leased. Aprox. 11,000 SF of warehouse space available for new owner occupant. High Visibility and High Traffic count. Recessed Dock, Four overhead doors ranging from 10 to 12 ft. Tenants pay own utilities.

Status Change Information

Major Change Timestamp: 2018-05-02T12:29:00Z
Major Change Type: Status Change
Status Change Timestamp: 2018-05-02
Offer Acceptance Date: 2017-12-04
Close Date: 2018-05-02
Close Price: 899000
Buyer Financing: Conventional

More Information

Building Features

Building Dimensions: Irregular
Clear Ceiling Height: 20
Overhead Doors: 3
Cranes: No
Acoustical Ceiling(s): Yes
Business District Location: Yes
Depressed Dock(s): Yes
Docks Community: Yes
Exposed Under Roof Ceiling(s): Yes
Exterior Lighting: Yes
Lunch Room: Yes
Skylight(s): Yes
Strip Mall Location: Yes

Exemption Information

Exemption YN: Y

Income and Expenses

New Taxes Expense: 13136
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: Contact listing agent for all showings. 219-617-0381
24 Hour Notice: Yes

Historical Information

Public Historical Remarks: Zoning: COMM, Utilities: On, Frontage Access: Frontage Road, Roof Structure: Steel Joist

Location, Tax, and Legal

Postal Code +4: 3609
Tax Legal Description: Legal Description: 1ST ADD TO N VALPO LOTS 4-7 EX NW COR LOT 4 BLK 2
Parcel Number: 640924202002000004
Zoning Description: Commercial
Township: Center
Directions: Calumet Ave

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Central Air: Yes

Electric

220 Volts: Yes
Circuit Breakers: Yes
Separate Meters: Yes

Flooring

Carpet: Yes
Tile: Yes

Foundation Details

Block: Yes

Heating

Ceiling: Yes
Forced Air: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Paved: Yes
Private: Yes

Road Frontage Type

City Street: Yes

Roof

Barrel: Yes
Mixed: Yes
Rubber: Yes

Security Features

Fire Alarm: Yes
Security Lights: Yes
Security System: Yes

Utilities

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

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Tenant Pays

Gas: Yes
Water: Yes

Current Use

Commercial: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes
Warehouse: Yes

Possible Use

Commercial: Yes
Industrial: Yes
Medical/Dental: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes
Warehouse: Yes

Rail Availability

None: Yes

Listing Office: Realty Executives Premier

Last Updated: February - 24 - 2024

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