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$328,000
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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!
Full Property Details
Full Property Details for 840 E Lincolnway
General
- Sold For: $328,000
- Taxes: $3,682 (2024)
- Status: Closed
- Type: Office
- Source: GNIAR
- MLS ID: 827348
- Added to Site: 132 day(s) ago
Interior
- Interior Features: Entrance Foyer, Stone Counters, Granite Counters
- Appliances: Microwave, Refrigerator
Exterior
- Exterior Features: Lighting, Rain Gutters, Private Yard
Parking
- Parking Features: Paved, On Street, Asphalt, Additional Parking
Location
- County: Porter
- Township: Center
- Subdivision: Churchs Sub
- Driving Directions: US-30 to Sturdy Rd North to Lincolnway West. Property at Southwest corner of Lincolnway and Roosevelt Rd.
Heating & Cooling
- Heating Type: Central, Forced Air
Structural Information
- Square Feet: 2,288
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.207
- Lot Size (Sq. Ft.): 9,017
- Lot Features: Corner Lot, Paved, Landscaped
Financial Considerations
- Tax Amount: $3,682
- Tax Year: 2024
- Terms: Cash, Lease Purchase, Conventional
Disclosures and Reports
- Legal Description: CHURCHS SUB W46 EX PARC IN W15&N77E84.85LT1& EX PT FOR RD BROWNS OL 4&5 .207A
- Property ID: 640924429023000004
Listed by Listing Leaders
Sold by McColly Real Estate
Get Pre-Approved Today
Schools
Schools serving 840 E Lincolnway
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Parkview Elementary School, Valparaiso, IN 1405 Wood Street, Valparaiso, IN 46383 | K-5 | 0.3 mi |
Thomas Jefferson Middle School, Valparaiso, IN 1600 Roosevelt Road, Valparaiso, IN 46383 | 6-8 | 1.1 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 2.1 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 840 E Lincolnway
Date
Details
Price
Change
Source
10/27/2025
Sold
$328,000
-6.15%
MLS
9/17/2025
Price Reduced
$349,500
-7.91%
MLS
9/12/2025
Price Reduced
$379,500
-4.77%
MLS
9/06/2025
Listed
$398,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
840 E Lincolnway, Valparaiso, IN 46383 (MLS# 827348) is a Office property that was sold at $328,000 on October 27, 2025. Want to learn more about 840 E Lincolnway? 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.

