2502 Roosevelt RD Pending

Valparaiso,IN 46383

$ 189000

- Bed

- Bath

504 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 504 sqft

Price per Sqft $375

MLS Listing ID 815592

Year Built 1939

Annual Tax Amount $2,200

Tax Year 2024

Lot Size 1.012 Acres

Acres 1.0118

Lot Dimensions 132' x 333' x 132' x 333'

Property Sub-Type Business

Property Description

Location. Location. Location. Nearly 100 yards from Starbucks. This 1-acre commercial zoned property offers incredible versatility, currently utilized as a urban residential rental but ideal for office space, retail, or other commercial uses. Situated on a high-traffic road, it's a prime location for a small business or entrepreneurial venture. The property features a well-maintained building with numerous upgrades, including new electrical, plumbing, water heater, CO detectors, and smoke alarms installed in 2022. Additional improvements include newer windows installed within the last five years, a new roof, and rebuilt exterior stairs completed in 2024. The property is connected to city water, with water currently sourced from 2406 Roosevelt--a detail that can be addressed if needed. For buyers seeking additional space, the owner is open to selling the the 1-acre parcel at 2406 Roosevelt, providing even more potential for development or expansion. Don't miss this rare opportunity to own a turnkey property with endless possibilities in a highly visible location !Current owner has site plans drawn for a strip mall or a 32 unit apartment, but has not submitted for city approval.

Location

State IN

County Porter

Zoning Commercial

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Fireplace N

Appliance Dryer,Range Hood,Washer,ENERGY STAR Qualified Refrigerator

Exterior

Exterior Feature Rain Gutters

View Y/N true

View true

Building

Lot Description City Lot

Others

Tax ID 641018101006000004

Acceptable Financing NRA20250131194910696342000000

Listing Terms NRA20250131194910696342000000

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