Standalone Flex Space with Drive-In
For Lease
$2,000/Mo
345 N 400 E, Valparaiso, IN 46383
Commercial Lease, Valparaiso, IN
Space Size1,344 SF
Lot Size4.97 Acres
Days on Market265
Property Features for 345 N 400 E
General Information
Property type
Commercial Lease
Property subtype
Other
Directions
First property on the east side of N 400 E just south of E St Rd 2 in Valparaiso.
Standard status
Active
APN
641015301001000020
Size
1,345 SF
Lot size
4.97 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Parc In S560 N610 Ex S200 W400 Sw Of Ditch Nwsw15-35-5 5A D479P392
Tax Annual Amount
4571
Legal Description
Parc In S560 N610 Ex S200 W400 Sw Of Ditch Nwsw15-35-5 5A D479P392
Utilities
Water source
Well
Building Details
Year built
1942
Listing Agency:
StreetFront, LLC
(219) 510-3720
Listed By:
Ryan Peters · License #RB14047099
(219) 510-3720
Added: Dec 5, 2025
Changed: Aug 21
Last Checked: Aug 27 at 10:06AM
MLS# 831600
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.
Investment Insights
Based on property information with market context.
This freestanding flex space combines a barn-style profile with wood-frame construction and practical commercial updates. The building was constructed in 1942 and includes two 10' drive-in doors. The property is identified as suitable for contractors, light industrial users, storage operators, and small businesses.
The site encompasses 4.97 acres at 345 N 400 E in Valparaiso, Indiana. Water is supplied by a well, providing a defined utility feature for the property. The standalone configuration and drive-in access support a range of commercial operating and storage functions.
The site encompasses 4.97 acres at 345 N 400 E in Valparaiso, Indiana. Water is supplied by a well, providing a defined utility feature for the property. The standalone configuration and drive-in access support a range of commercial operating and storage functions.
Key Highlights
- 4.97‑acre site in Valparaiso, Indiana
- Two 10' drive‑in doors
- Built in 1942 and updated for practical commercial use
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
NNN (Triple Net)
Lease Type
$2.68 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46383, IN
41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Market
Lease Benchmarks for Valparaiso, IN
$14.1 /SF/Yr
Avg Asking Price
$10.97–$17.84 /SF/Yr
Price Range
2,485 SF
Avg Space Size
This space is priced 27% above the average of $14.1 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Freestanding commercial building with barn-style design, wood-frame construction, and two drive-in doors.
Where is this flex space located?
The property is located at 345 N 400 E Valparaiso, IN.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 4.97‑acre site in Valparaiso, Indiana; Two 10' drive‑in doors; Built in 1942 and updated for practical commercial use
