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Medical Office Building 2501 Cumberland Dr 8,096 SF Office Building Valparaiso, IN 46383 $700,000 ($86.46/SF)



Investment Highlights
- Medical office layout with 12 exam rooms, X-ray room, cast room and physical therapy area
- Prime Valparaiso healthcare corridor location with convenient access to SR-49, U.S. 30, I-65 and I-80/90
- 8,096 SF building on 1.29 acres with covered drop off and approximately 50 parking spaces
Executive Summary
2501 Cumberland Drive presents an excellent opportunity for an owner-user or medical practice seeking an established location within Valparaiso’s growing healthcare corridor. The 8,096 SF building includes 6,560 SF of medical office space plus 1,536 SF of basement/storage space and is situated on 1.29 acres with approximately 50 parking spaces.
The existing medical-office layout is highly functional and features 12 exam rooms with sinks, a waiting room, X-ray room, cast room, physical therapy area, nurse station, conference room, executive corner office, multiple stock and storage rooms, IT room and four restrooms. The roof was replaced in 2023.
The property is strategically positioned near a growing concentration of healthcare providers, including UChicago Medicine’s new Valparaiso location, and offers convenient access to the Cumberland/Calumet Avenue commercial corridor. Nearby amenities include a strong mix of restaurants, retailers and national brands such as 7 Brew, Chipotle, Anytime Fitness, Dollar General, Starbucks and Strack & Van Til. The property also offers excellent regional connectivity with convenient access to SR-49, U.S. 30, I-65 and the Indiana Toll Road (I-80/90), providing connectivity throughout Northwest Indiana, the greater Chicagoland market and downtown Chicago.
Property Highlights:
• Sale Price: $700,000
• 8,096 SF total building area — 6,560 SF medical office + 1,536 SF basement/storage
• 1.29 acres
• Zoned GC – General Commercial
• 12 exam rooms with sinks
• Waiting room, X-ray room and cast room
• Physical therapy area and nurse station
• Conference room and executive corner office
• Multiple stock/storage rooms and IT room
• 4 restrooms
• Approximately 50 parking spaces
• Roof replaced in 2023
• Established, functional medical-office layout
• Convenient access to major regional transportation routes and growing healthcare amenities
• All furniture, fixtures and equipment (FF&E) are excluded from the sale
The existing medical-office layout is highly functional and features 12 exam rooms with sinks, a waiting room, X-ray room, cast room, physical therapy area, nurse station, conference room, executive corner office, multiple stock and storage rooms, IT room and four restrooms. The roof was replaced in 2023.
The property is strategically positioned near a growing concentration of healthcare providers, including UChicago Medicine’s new Valparaiso location, and offers convenient access to the Cumberland/Calumet Avenue commercial corridor. Nearby amenities include a strong mix of restaurants, retailers and national brands such as 7 Brew, Chipotle, Anytime Fitness, Dollar General, Starbucks and Strack & Van Til. The property also offers excellent regional connectivity with convenient access to SR-49, U.S. 30, I-65 and the Indiana Toll Road (I-80/90), providing connectivity throughout Northwest Indiana, the greater Chicagoland market and downtown Chicago.
Property Highlights:
• Sale Price: $700,000
• 8,096 SF total building area — 6,560 SF medical office + 1,536 SF basement/storage
• 1.29 acres
• Zoned GC – General Commercial
• 12 exam rooms with sinks
• Waiting room, X-ray room and cast room
• Physical therapy area and nurse station
• Conference room and executive corner office
• Multiple stock/storage rooms and IT room
• 4 restrooms
• Approximately 50 parking spaces
• Roof replaced in 2023
• Established, functional medical-office layout
• Convenient access to major regional transportation routes and growing healthcare amenities
• All furniture, fixtures and equipment (FF&E) are excluded from the sale
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Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,096 SF
Building Class
B
Year Built
1975
Price
$700,000
Price Per SF
$86.46
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,096 SF
Building FAR
0.14
Lot Size
1.29 AC
Zoning
GC - General Commercial
Parking
50 Spaces (0 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
- Backup Power / Generators
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 64-09-13-204-008.000-004 | Improvements Assessment | $306,600 |
| Land Assessment | $309,000 | Total Assessment | $615,600 |
Property Taxes
Parcel Number
64-09-13-204-008.000-004
Land Assessment
$309,000
Improvements Assessment
$306,600
Total Assessment
$615,600
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Medical Office Building | 2501 Cumberland Dr
