This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
702 Lincolnway, Valparaiso, IN 46383
$649,500
702 Lincolnway, Valparaiso, IN 46383View this property at 702 Lincolnway, Valparaiso, IN 46383
702 LincolnwayValparaisoIN46383
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
Property Description
Seller is motivated and says make an offer! Bring your business ideas to life with this versatile downtown Valparaiso property. Located at the east end of downtown this property is zoned as Residential Transition. This creates many possibilities for residential or commercial use. The property currently is a cafe with wine service, an art gallery, and an artist's studio. The main building features over 2,400 square feet of space. The main floor features a kitchen, dining areas, and a small retail space, and 2 public restrooms. The upper level includes 5 additional rooms plus a third public bathroom. The dry basement is great for storage. The detached garage features 2 car stalls. Above the garage is a luxury 1 bedroom, 1 & 1/2 bathroom apartment built out in 2022. Apartment includes washer & dryer, and can be sold furnished. Cafe furniture, fixtures, and equipment list selling with the is available. Sellers are offering a turn-key opportunity. The roof and siding were replaced in 2018 or 2019. Recent upgrades include electrical & plumbing improvements and a new furnace and A/C unit for the main floor. The overall condition of the property is excellent.
Full Property Details
Full Property Details for 702 Lincolnway
General
- Price: $649,500
- Taxes: $2,022 (6720)
- Status: Active
- Type: Retail
- MLS ID: 542897
- Updated: 3/28/2024
- Added to Site: 134 day(s) ago
Interior
- Interior Features: Elevator
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Common
Location
- County: Porter
- Township: Center
- Subdivision: Dewolfs Sub
- Driving Directions: U.S. 30 to north on Washington St. Right on Lincolnway. Property is located on the south side of Lincolnway.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 3,756
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.164
- Lot Size (Sq. Ft.): 7,143.84
- Lot Dimensions: 54' x 132'
Financial Considerations
- Tax Amount: $2,022
- Tax Year: 6720
- Terms: Cash, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.19%
- Legal Description: Legal Description: DEWOLFS SUB WOODHULLS ADD LOT 8 BLK 32
- Property ID: 640924420001000004
Listed by Listing Leaders
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 702 Lincolnway
School District:Valparaiso Community Schools
Rating | Name | Grades | Distance |
---|---|---|---|
305 Franklin St, Valparaiso, IN 46383 | K-5 | 0.5 mi | |
605 Campbell St, Valparaiso, IN 46385 | 6-8 | 0.8 mi | |
2727 Campbell St, Valparaiso, IN 46385 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 Lincolnway
Date
Details
Price
Change
Source
3/28/2024
Price Reduced
$649,500
-0.06%
MLS
3/14/2024
Price Reduced
$649,900
-7.14%
MLS
1/23/2024
Price Reduced
$699,900
-12.4%
MLS
12/15/2023
Listed
$799,000
190.55%
MLS
7/28/2021
Sold
$275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 702 Lincolnway
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,097
5%
$287,100
5%
2022
$6,780
2%
$272,900
6%
2021
$6,646
-2%
$258,200
—
2020
$6,753
7%
$258,200
9%
2019
$6,300
—
$237,600
—
2018
$6,293
-1%
$237,400
-1%
2017
$6,357
—
$240,100
—
2017
$6,357
8%
$241,300
3%
2016
$5,891
2%
$233,700
3%
2015
$5,769
-7%
$226,700
-1%
2013
$6,206
—
$230,000
—
2012
$6,206
—
$230,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 702 Lincolnway
702 Lincolnway, Valparaiso, IN 46383 (MLS# 542897) is a Retail property. 702 Lincolnway is currently listed for $649,500 and was received on December 15, 2023. Want to learn more about 702 Lincolnway? Do you have questions about finding other Retail real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.