Address
4501-4503 Airport Drive Valparaiso, IN
Price
$ 1,950,000
Property Attributes
  • MLS#470145
  • TypeCommercial
  • CountyPORTER
  • CityValparaiso
  • NeighborhoodAirport-Business & Industrial Park
  • Zip46383
  • StyleRetail
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19812
  • Lot Size1.62 Acres
Listing Provided Courtesy Of:
Nicholas Sommer with Century 21 Alliance Group
Property Description

7.6 Percent CAP RATE.  Excellent investment. BRAND NEW BUILDING already 100% OCCUPIED Flex space off U.S. Highway 30 and next to the Porter County Regional Airport. Approximately 20,000 square feet, consisting of 11 tenants with the majority leased through 2023 and 2024. All leases are NNN. Current annual revenue is $149,000. Large parking lot that can accommodate large truck deliveries. This building is clean and well constructed, A MUST SEE. 

Price History
2/19/2020 Listed $1,950,000

General Features

Exterior Features Alum/Vinyl Wndw Trim, Block, Brick, Concrete, Steel Siding
Property SubType Retail
Property Type Commercial
Subdivision Name Airport-Business & Industrial Park
Transaction Type Sale
Year Built 2018
Zoning Description INDUS

Interior Features

Living Area 19812.00

Exterior Features

Lot Size Square Feet 70567.00
Parking Spaces 60

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46383

Price
AVG $490K
$1.95M
Visits
AVG 34
29
Year Built
AVG 1985
2018
Walkscore
AVG 41
13
Data Provided by Walkscore ® not using MLS data

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