16 Jefferson Street, Valparaiso IN, 46383

Active

16 Jefferson Street

Valparaiso IN, 46383

$699,900

$104.49 per sqft

Active

6,698 sqft

Commercial

Built in 1921

12-18 Jefferson. PRIME LOCATION ONE BLOCK OFF LINCOLNWAY! High traffic location in the heart of downtown! Mixed use property with 3 Commercial lease units on the main and 2 residential lease units upstairs. Fully-leased! Sale is subject to tenant rights. Cap rate of 6.7%. Owner pays Water/Sewer/Trash and common area Electric. Tenants pay remaining utilities. Both residential units are 2 bed/1 bath. Common area laundry for all tenants to utilize, as well as common area basement storage. On street parking.

815573

MLSⓇ ID

January 31, 2025

Listed

February 20, 2025

Updated

Interior Features

Interior Features: Ceiling Fan(s)
Laundry Description: In Hall, Main Level, Inside
Floor Description: Ceramic Tile, Tile, Wood, Vinyl, Concrete
Fireplace: No
Cooling: Yes
Cooling Description: Central Air, Wall/Window Unit(s)
Heating: Yes
Heating Description: Natural Gas, Forced Air, Hot Water

Exterior/Building Features

Lot Size: 0.06 Acres
Exterior Features: Awning(s), Private Entrance, Rain Gutters
Lot Features: Zero Lot Line
Roof: Membrane
Sewer: Public Sewer

Other Property Details

Taxes: $4,655
Tax Frequency: Annually
Garage: No
Parking: On Street
View: No
County: Porter
Municipality: Center
Water Source: Public
Pool: No
Utilities: Electricity Connected, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected

Courtesy of Seramur Properties, LLC, Dennis Seramur,
Listing Contact:

The data relating to real estate for sale on this web site comes in part from the Northwest Indiana REALTOR Association. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lesley Sweeney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.