17 LincolnwayValparaiso, IN 46383

Property Details for 17 Lincolnway

Year built

1880

Construction

WOOD

Lot size

0.07 AC

Property size (Sq ft)

7,651 SF

Property type

Office properties

APN

64-09-24-338-018.000-004

APU

640924338018000004

Description

This exceptional office building, located at 17-19 E Lincolnway in Valparaiso, Indiana, presents a unique opportunity for businesses seeking flexible and historically significant space. Built in 1880, this two-story building offers a total of 15,299 square feet, encompassing both traditional and executive office suites. Currently, there are 4,440 square feet of vacant space available, divisible into units ranging from a minimum of 1,372 square feet to a maximum contiguous space of 3,068 square feet. The building's location in Porter County, with easy access to downtown Valparaiso and major transportation routes, provides excellent visibility and convenience. The property's historic charm is complemented by its modern functionality, making it an ideal location for a variety of businesses. Whether your company requires a single, smaller office or a larger, contiguous space, this property offers the adaptability to meet your specific needs. The building's multiple tenancy structure allows for a diverse and vibrant work environment. This is a rare opportunity to secure office space in a landmark building in a thriving Indiana community. The zip code is 46383.

• CAP approach

  CAP return

  Valuation

  6%

  $2,458,813

  6.5%

  $2,269,674

  7%

  $2,107,554

• Comparable approach

  Method

  Valuation

  Relative Method

  $996,543

  Geo Method

  $996,543

• Alternative Use

  Use

  Valuation

  Residential

  $2,814,396

  Hospitality

  $2,577,971

  Educational

  $2,144,842

  Medical

  $2,218,606

  Retail

  $3,336,420

Location Insight

City

Valparaiso

County

Porter

State

Indiana

Latitude

41.4681

Longitude

-87.0601

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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