840 E Lincolnway, Valparaiso, IN 46383
- $328,000
- 2,288
- SqFt
- Sold Price
- $328,000
- List Price
- $349,500
Property Description
Currently tenant-occupied and producing a 10 percent cap rate.Lease it out as an investment or make it your own professional office space! Prime corner office building near Downtown Valparaiso and Valparaiso University! This updated and well-maintained 2,300 sq. ft. property offers two levels of finished-heated space with flexible layout options. Features include a welcoming built-in conference area with granite counters, multiple private offices, conference rooms, storage, and a kitchenette with quartz counters, gray cabinets, sink, fridge, and microwave. Three bathrooms, exterior ramp access, and modern finishes throughout add convenience and functionality. The exterior is equally impressive with professional landscaping, a fenced backyard with green space ideal for client or employee gatherings, and a 9-space private parking lot. Extensive updates between 2016-2019 include roof, windows, doors, floors, electric, HVAC, water heater, baths, kitchenette, exterior stone/brick facade, landscaping, attic insulation, gutters, soffit, fascia, and parking lot. Currently tenant-occupied, this is an income-producing opportunity with the majority of office furnishings included. A turn-key property perfect for investors or future owner-users looking for a professional space in a highly desirable location. Make an offer today!
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Listing courtesy of Pete LaSalle from Listing Leaders.
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