Valparaiso, IN 46383,253-257 Lincolnway
Valparaiso, IN 46383,253-257 Lincolnway
Valparaiso, IN 46383,253-257 Lincolnway
$1,200,000
Est. payment /mo
$1,395,000
14.0%
Est.Price: ?

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2,654 SqFt
SOLD DATE : 04/22/2024

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,654 sqft

Price per Sqft $452

Subdivision West Add/Valparaiso

MLS Listing ID 530579

Sold Date 04/22/24

Year Built 1870

Tax Year 2022

Lot Size 0.479 Acres

Acres 0.4788

Lot Dimensions 132 x 140 +/-

Property Description

Prime redevelopment assemblage in Downtown Valparaiso near Central Park, the Courthouse Square, and dining and shopping options in this desirable community. Property includes 3 parcels in the Central Place (CP) zoning district in the heart of downtown Valparaiso on Lincolnway including an existing building at 257 Lincolnway, and existing parking lot, and vacant land parcel 253 Lincolnway where a building must be razed. CP allows a multitude of potential mixed uses including retail, office, condo, restaurant, and more. Redevelopment possible in this area, possible mixed use up to 4 stories, buyer to verify with City of Valpo given design and use proposed for new development. Assemblage is approximately 132 deep x 140 wide, with an alleyway in between 253 & 255, and alleyway access on south side of lots. Also includes APN # 64-09-24-314-009.000-004 and 64-09-24-314-010.000-004. Plant your investment right here in this hot Northwest Indiana community.

Location

State IN

County Porter

Interior

Interior Features Elevator

Heating Forced Air

Fireplace N

Exterior

View Y/N true

View true

Others

Tax ID 640924314008000004

Acceptable Financing NRA20240111133505463483000000

Listing Terms NRA20240111133505463483000000

Financing Cash

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Listed by RE/MAX Lifestyles
Bought with RE/MAX Lifestyles

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