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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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