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    801 Lincolnway Valparaiso, IN 46383

    For Sale
    $464,900

    High-traffic location, versatile space, great investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2,208 square foot mixed-use building presents a remarkable investment opportunity in the heart of Valparaiso, Indiana. Strategically positioned on the corner of Lincolnway and Garfield Avenue, this property boasts a prime location with high visibility and accessibility. Currently configured as an auto repair shop, the building's adaptable layout offers immense potential for a wide range of businesses. Features include three overhead doors – two measuring 10 feet wide by 10 feet high, and one larger door at 12 feet wide by 14 feet high – perfect for accommodating vehicles or large equipment. A welcoming front lobby, private office space, two restrooms, and a utility closet provide ample functional space. The property sits on a 0.36-acre lot, ensuring ample room for operations and potential expansion. With an average daily traffic count of 17,086 vehicles in 2023, this location guarantees significant exposure. Its downtown Valparaiso location offers proximity to numerous businesses, restaurants, gas stations, and Route 30, enhancing its appeal and convenience. This turnkey operation is ready for a new owner to capitalize on its established presence and high-traffic location. The asking price is $464,900. Don't miss this chance to own a thriving business in a vibrant community.

    Property Features for 801 Lincolnway

    General Information

    Property type
    Mixed-use properties
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1954
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.05117
    Latitude
    41.46812

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, versatile space, great investment.
    Where is this mixed-use property located?
    The property is located at 801 Lincolnway Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $464,900.
    Request Owner's contact information
    801 Lincolnway Valparaiso, IN 46383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 Lincolnway Valparaiso, IN 46383
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