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457 Campbell St 9,565 SF Office Building Valparaiso, IN 46385 $799,000 ($83.53/SF)

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INVESTMENT HIGHLIGHTS

  • Up and coming retail and multi-family residential area

EXECUTIVE SUMMARY

8000 square feet warehouse and office space. There are currently 3 warehouse spaces and 5 commercial offices. Units are 3/4 rented currently. Current owner may be willing to do sale and lease back. Property is located in the middle of future progression, as the city owns surrounding properties around this parcel and is set for future development.

TAXES & OPERATING EXPENSES (ACTUAL - 2022)

ANNUAL ANNUAL PER SF
Taxes $5,032 $0.53
Operating Expenses $4,716 $0.49

TAXES & OPERATING EXPENSES (ACTUAL - 2022)

Taxes
Annual $5,032
Annual Per SF $0.53
Operating Expenses
Annual $4,716
Annual Per SF $0.49
Total Expenses
Annual $9,748
Annual Per SF $1.02

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
9,565 SF
Building Class
C
Year Built
1985
Price
$799,000
Price Per SF
$83.53
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,000 SF
Slab To Slab
10’
Building FAR
0.30
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
UR - Urban Residential
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)

AMENITIES

  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 1
  • 2,816 SF
  • Industrial
  • -
  • Now

Commercial pole barn measuring 44x64 with 2816sqft for lease. 10x10 overhead door. Two overhead heaters. Air compressor lines present. Great for a wood shop or warehouse space. Shared restroom inside office. First month's rent and $1700 security deposit required at lease signing. Tenancy dependent upon approved application and background/credit check at applicant's expense.

Space Size Space Use Condition Available
1st Fl - 1 2,816 SF Industrial - Now

1st Fl - 1

Size
2,816 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 1

Size 2,816 SF
Space Use Industrial
Condition -
Available Now

Commercial pole barn measuring 44x64 with 2816sqft for lease. 10x10 overhead door. Two overhead heaters. Air compressor lines present. Great for a wood shop or warehouse space. Shared restroom inside office. First month's rent and $1700 security deposit required at lease signing. Tenancy dependent upon approved application and background/credit check at applicant's expense.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-09-25-101-003.000-004
Land Assessment
$85,400 (2024)
Improvements Assessment
$108,300 (2024)
Total Assessment
$193,700 (2024)
Annual Taxes
$5,032 ($0.53/SF)
Tax Year
2022
  • Listing ID: 15753463

  • Date on Market: 4/16/2019

  • Last Updated:

  • Address: 457 Campbell St, Valparaiso, IN 46385

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