Active

502 Marquette Street

Valparaiso IN, 46383

$715,000


$167.72 per sqft

Active

4,263 sqft

Commercial

Built in 1980

Excellent investment opportunity. Amazing all brick Class "A" office building in the heart of Valparaiso's Medical District. A single tenant occupies into 2027. Current lease is a modified gross. Building is priced at an 8.6 CAP. The building features fiber, 13 offices, large conference room, 2 kitchens, 3 baths, 2 admin areas. The parking lot has been completely resurfaced with capacity for 30 autos. NDA required.

811770

MLS ID

October 17, 2024

Listed

October 17, 2024

Updated

Map

502 Marquette Street
Valparaiso IN, 46383

Interior Features

Interior Features

Built-in Features, Storage, Wired for Data, High Ceilings, High Speed Internet, Eat-in Kitchen


Appliances

Built-In Electric Range, Vented Exhaust Fan, Water Heater, Electric Range, Dishwasher, Built-In Refrigerator


Laundry Description

None


Floor Description

Carpet, Linoleum, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Lot Size

0.61 Acres


Exterior Features

Lighting, Other


Lot Features

City Lot, Rectangular Lot, Few Trees, Front Yard


Roof

Fiberglass, Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$8,931


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

Asphalt, Parking Lot, Private, Paved, Direct Access


Parking Total

30


View

Yes


View Description

Neighborhood


County

Porter


Municipality

Center


Water Source

Public


Pool

No


Zoning

Business

Courtesy of Century 21 Alliance Group, Nicholas Sommer,
Listing Contact:  

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