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CORNER/LIGHT-8 ACRES WITH BUILDINGS-US HWY 30 597 Us-30 8,254 SF Retail Building Valparaiso, IN 46385 $1,800,000 ($218.08/SF)

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INVESTMENT HIGHLIGHTS

  • Great Traffic off Highway Location at stop light intersection
  • Directly located between two highly populated towns: 6 Miles from Downtown Valparaiso & 6 Miles from Winfield
  • Seller will have use restrictions including gas station
  • Subject Property is Located Directly off Highway 30
  • New owner optionality to separate into (2) 4 acre parcels
  • 8,254 Sq Ft Building

EXECUTIVE SUMMARY

Prime Commercial Opportunity in Valparaiso, IN Located at 597 W US Hwy 30, this expansive 8.18-acre property offers an exceptional high-visibility location with 990 feet of highway frontage. The 8,254-square-foot building, constructed in 1993, provides ample space for a variety of commercial uses. Previously utilized as a restaurant/bar and currently operating as a car dealership, this versatile property is well-suited for retail, office space, medical facilities, automotive services, event venues, or redevelopment projects. With High-Density Commercial zoning, the possibilities are endless for businesses looking to establish or expand in a high-traffic corridor located at a traffic light with high visibility and easy access. Additionally, a three-car garage on-site adds to the functionality of the space. Seize this rare investment opportunity in a growing commercial hub–perfect for entrepreneurs and investors seeking a strategic location with maximum exposure!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
8,254 SF
Building Class
B
Year Built
1993
Price
$1,800,000
Price Per SF
$218.08
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
8.18 AC
Zoning
high density commercial - Allows for most uses
Parking
65 Spaces (7.87 Spaces per 1,000 SF Leased)
Frontage
990’ on U.S. HWY 30

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-08-24-151-006.000-019
Land Assessment
$399,200
Improvements Assessment
$244,700
Total Assessment
$643,900
  • Listing ID: 28989351

  • Date on Market: 7/13/2023

  • Last Updated:

  • Address: 597 Us-30, Valparaiso, IN 46385

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