For Sale
$2,098,999

808 Vale Park Rd Valparaiso, IN 46383

High-traffic retail building, redevelopment opportunity.

Overview

Added:
Feb 3
Days on market:
84
This exceptional 13,000-square-foot, two-story retail building presents a unique investment opportunity in Valparaiso, Indiana's thriving North corridor. Strategically situated on nearly 1.83 acres near the intersection of Vale Park Road and Calumet Avenue, this property benefits from high visibility and accessibility. The building currently houses a mix of established tenants, including a Fifth Third Bank branch with drive-thru lanes occupying a total of 6,578 square feet (4,093 square feet on the main floor and 2,485 square feet in the basement), and a Hospice Center leasing 4,536 square feet on the second floor. The property's location within a rapidly redeveloping area offers significant potential for future growth and expansion. A newly constructed, state-of-the-art medical center is directly adjacent, further enhancing the property's desirability and attracting a strong customer base. This presents a compelling opportunity for investors seeking a well-located retail property with significant upside potential in a dynamic and expanding market. The substantial lot size provides ample space for future development or expansion of existing tenants. This is a rare chance to acquire a substantial property in a prime location poised for continued growth. The current tenant mix provides a stable income stream while the redevelopment potential offers significant long-term value.

Property Details for 808 Vale Park Rd

Property type
Retail properties
Year Built
1983
Lot Size (sq. ft)
79,715 SF

Location Insight

City
Valparaiso
County
Porter
State
Indiana
Latitude
41.49247
Longitude
-87.05008

FAQs

What type of property is this?
Retail property - High-traffic retail building, redevelopment opportunity.
Where is the retail property located?
The property is located at 808 Vale Park Rd Valparaiso, IN.
What is the asking price?
The asking price for this property is $2,098,999.
How can I contact the broker?
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808 Vale Park Rd
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