214 Aberdeen Dr - Office FOR SALE


Valparaiso, IN 46385
$750,000 USD
219-795-1100
214 Aberdeen Dr, Valparaiso, IN for Sale
$750,000 USD
Office - FOR SALE
1/19
null | 9.43% Cap Rate

214 Aberdeen Dr
Valparaiso, IN 46385


HIGHLIGHTS

  • Term expires March 31, 2029
  • Tenant may vacate should buyer want to occupy the building
  • 100% LEASED

OVERVIEW

First time on the market! This two-story professional office building with finished lower level is available to investors or users. Built in 1998 and renovated 2000 into the current elegant office space with extensive custom wood molding, LED lighting throughout, extensive perimeter windows and some interior glass walls. Recent updates in 2021: new windows on 1st floor and exterior siding. 1st floor has 1,686 SF featuring vestibule, reception area, small conference, cubicle areas along both sides of the room, copy room, private office, unisex ADA restroom and closet. 2nd floor has 1,532 SF with open to view lower level, 3 private offices and large open area. Lower Level has 1,676 SF featuring large conference area with daylight windows, men's/women's restrooms, kitchen area, furnace room and large storage room, 3 private offices, large open area and equipped with sprinkler system serving the lower level only. Equipped with covered porch and handicap ramp. Located in the Aberdeen subdivision, a mixed-use community blended with residential neighborhoods and commercial amenities, centered around The Course at Aberdeen, a public 18-hole golf course. The building is on the southwest side of Valparaiso on SR 2, 2 miles south of US 30, 3.5 miles west of SR 49, 12 miles east of I-65 and 12 miles south of I-94 via SR 49. Chicago is 55 miles northwest. Maple & Bacon, Tommy B’s, Aberdeen Manor, The 19th Hole and Snack Bar and Family Express are all within walking distance. Minutes away to downtown Valparaiso with numerous restaurants, retail and offices.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

9.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

PUD

APN/PARCEL ID

64-09-33-434-001.000-003,64-09-33-434-002.000-003

ASK ABOUT THIS PROPERTY

David LasserCommercial In-Sites LLCMore Info
219-795-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David LasserCommercial In-Sites LLCMore Info
219-795-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.