Turn-Key Valparaiso Office
2502 Beech Street, Valparaiso, IN 46383
SINGLE_FAMILY - Valparaiso, IN
Type:Office
Property size:
1,600 SFLot size:
0.19 AcresPrice / SF:
$184/SF- Added:
- Jan 14, 2026
- Days on Market:
- 122
- Last Refresh:
- May 16 at 5:06 pm
Property Features for 2502 Beech Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 4
- Parking features
- Garage, Off Street
- Security features
- Security System
- Interior features
- Entrance Foyer, Laminate Counters, High Ceilings
- Exterior features
- Lighting, Rain Gutters
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 641019278003000004
- Size
- 1,600 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEECH CENTER COMMERCIAL CONDOS UNIT 3 TIF
- Tax Annual Amount
- 3212
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Water source
- Public
Building Details
- Year built
- 2005
Listing agent Alison Taylor License #RB14039104 (219) 671-2898
Listing office REMAX County Wide 1st 115 South Court St Ste E, Michigan City, IN (219) 362-9400
Listing date Jan 14, 2026
MLS# 832815
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turn‑key, 1,600 sq ft professional office condominium in Valparaiso's Beech Center business corridor.
- Functional layout suitable for various professional service businesses.
- Rare 9' x 9' overhead door for deliveries, equipment storage, or operational needs.
- Recent exterior improvements include parking lot, roof, exterior paint, and lighting.
- Professionally managed condominium association provides exterior and common area maintenance.
- Available fully vacant at closing for immediate occupancy.
Overview
This turn-key professional office condominium is located in the Beech Center business corridor of Valparaiso. The suite offers approximately 1,600 square feet of space with a functional layout suitable for professional service businesses such as legal, accounting, consulting, insurance, therapy, wellness, or administrative operations seeking an owner-occupied location. The space includes a reception area, private office, conference or workroom space, kitchenette, restroom, and finished storage area. A 9' x 9' overhead door provides additional flexibility for deliveries, equipment storage, or operational needs. Recent exterior improvements to the complex include updates to the parking lot, roof, exterior paint, and lighting. Convenient access to major Valparaiso corridors provides an accessible and professional business setting for clients and staff. The property is part of a professionally managed 10-unit office condominium association that provides exterior and common area maintenance. The owner is offering the property fully vacant at closing for immediate occupancy. This property presents an opportunity for businesses currently leasing space or seeking to relocate, expand, or right-size their operations to establish a long-term location while building equity in their business real estate. The lot size is 0.19 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$213.6K
NOI $19,221 @ 9.00% cap · cautious / downside scenario
Moderate
$274.6K
NOI $19,221 @ 7.00% cap · market / base-case scenario
Aggressive
$384.4K
NOI $19,221 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.3k | $17.04 |
| − Vacancy | −$1.6k | −$1.02 |
| EGI | $25.6k | $16.02 |
| − OpEx | −$6.4k | −$4.00 |
| NOI | $19.2k | $12.01 |
1,600 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$274.6K
$240.3K – $320.4K
NOI $19,221 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$606.4K
$530.6K – $707.5K
NOI $42,449 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.030348
- Latitude
- 41.473844
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Professional office condo ideal for owner-occupied service businesses.
Where is this office units located?
The property is located at 2502 Beech Street Valparaiso, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Turn‑key, 1,600 sq ft professional office condominium in Valparaiso's Beech Center business corridor.; Functional layout suitable for various professional service businesses.; Rare 9' x 9' overhead door for deliveries, equipment storage, or operational needs.
