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$1,260,000

  • Sold
  • Closed
  • Office
  • 11,270 Sq. Ft.
  • 51 Parking Spaces
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Valparaiso professional office investment property with a proven long term history and quality current tenants. Nice mix of 6 spaces from 850 SF to 2400 SF, all currently occupied many with long term leases. Ave lease rates from $12/SF to just over $17/SF. Zoned Business Park BP. Quite a few exterior windows and rooms. Tenants include dental, medical, spa, music instruction, counseling, etc. Buildings offer covered drop off ellipses at the front doors, and layout of parking lot accomodates 51 spaces. Adjoining similar property also available on MLS, for a complete investor assemblage. Seller willing to work with 1031 Exchange buyer for those looking to plant their investment here. Location is phenomenal, near other medical, dental, counseling, and retail, just off the Calumet commercial corridor on the very near northside demographic heart of Valparaiso. 7.69 CAP. Seller is IN licensed real estate agent.

Full Property Details for 502 Wall St

General

  • Sold For: $1,260,000
  • Taxes: $11,870
  • Status: Closed
  • Type: Office
  • Source: GNIAR
  • MLS ID: 514399
  • Added to Site: 1, 311 day(s) ago

Exterior

  • Exterior Features: Cedar

Parking

  • Parking Features: Common, Paved

Location

  • County: Porter
  • Subdivision: Vale Park South
  • Driving Directions: From Calumet and Vale Park, go south on Calumet to Wall Street, and west (right) to property on left at corner of Wall St and Valparaiso Street.

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 11,270
  • Year Built: 1983

Lot Features

  • Lot Size (Acres): 1.4
  • Lot Size (Sq. Ft.): 60,984
  • Lot Dimensions: 243 x 251
  • Zoning: BUSO

Financial Considerations

  • Tax Amount: $11,870

Disclosures and Reports

  • Property ID: 640913251005000004

Listed by RE/MAX Lifestyles
Sold by Keller Williams Elite

Listing agent

— 502 Wall St —

  • RE/MAX Lifestyles

matt@themattevansteam.com;219-462-2121

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 502 Wall St

School District:Valparaiso Community Schools
NameGradesDistance
Flint Lake Elementary School
4106 North Calumet Avenue, Valparaiso, IN 46383
K-51.5 mi
Thomas Jefferson Middle School, Valparaiso, IN
1600 Roosevelt Road, Valparaiso, IN 46383
6-80.6 mi
Valparaiso High School
2727 Campbell Street, Valparaiso, IN 46385
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 502 Wall St

Date
Details
Price
Change
Source
5/09/2023
Sold
$1,260,000
-10%
MLS
2/10/2023
Price Reduced
$1,399,999
-3.45%
MLS
1/20/2023
Price Reduced
$1,450,000
-3.33%
MLS
12/16/2022
Price Reduced
$1,500,000
-3.23%
MLS
8/10/2022
Price Reduced
$1,550,000
-16.22%
MLS
6/13/2022
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Lifestyles
Sold by Keller Williams Elite

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502 Wall Street, Valparaiso, IN 46383 (MLS# 514399) is a Office property that was sold at $1,260,000 on May 09, 2023. Want to learn more about 502 Wall Street? Do you have questions about finding other Office real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.