Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16 Jefferson St Valparaiso, IN 46383

    Sponsored
    For Sale
    $699,900

    High-Traffic, Fully Leased Investment

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 16 Jefferson Street in the heart of Valparaiso, Indiana, presents a lucrative investment opportunity. Situated just one block from Lincolnway, this high-traffic location boasts three commercial lease units on the main level and two residential lease units upstairs, all currently fully leased. The sale is subject to existing tenant rights. Each residential unit offers two bedrooms and one bathroom, providing comfortable living spaces for tenants. A shared laundry facility and common area basement storage are provided for the convenience of all occupants. The property sits on a 0.06-acre lot. The building's strong performance is reflected in its attractive 6.7% capitalization rate. The owner is responsible for water, sewer, trash, and common area electricity, while tenants cover their individual utility expenses. This turnkey investment offers immediate cash flow and significant potential for future growth in a vibrant downtown setting. The property's prime location and strong tenant occupancy make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a fully leased, mixed-use property in a highly desirable location. Serious inquiries only.

    Property Features for 16 Jefferson St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1921
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -87.06046
    Latitude
    41.46865

    Nearby Similar for Sale

    • $645,000
      1.30 Acres

      Spacious Triplex in Valparaiso, IN

      Three-unit property on 1.3 acres near downtown Valparaiso.
      1802 Evans Ave, Valparaiso, IN 46383
      View Details
    • $549,000
      1.99 Acres

      Income-Producing Duplex on Two Acres

      Paired ranch on nearly two acres in Jackson Township.
      208 E 650 N, Valparaiso, IN 46383
      View Details
    • $449,999
      0.16 Acres

      Valparaiso Mixed-Use Opportunity

      Two-story building near Valparaiso University with mixed-use zoning.
      704 Lincolnway, Valparaiso, IN 46383
      View Details
    • $1,100,000
      5,596 SF

      Valparaiso Medical Building For Sale

      Single-story medical building in Valparaiso's Eastport Center Commercial Park.
      2802 Leonard Dr, Valparaiso, IN 46383
      View Details
    • $1,800,000
      2,364 SF

      Valparaiso Commercial Property For Sale

      Two-lot commercial property in high-traffic Valparaiso location.
      1003 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $137,500
      1,000 SF

      Valparaiso Office Condo for Sale

      Second-story office condo in Aberdeen Village Center.
      225 Aberdeen Dr, Valparaiso, IN 46385
      View Details
    • $2,098,999
      13,608 SF

      Two-Story Commercial Building in Valparaiso

      13,000 SF two-story building with development potential.
      808 Vale Park Rd, Valparaiso, IN 46383
      View Details
    • $349,900
      2,731 SF

      Professional Office Condo For Sale

      Two-story office condo with reception, offices, conference room, kitchenette.
      2601 Chicago St, Valparaiso, IN 46383
      View Details
    • $799,000
      8,054 SF

      Valparaiso Warehouse and Office Space

      8000+ sqft warehouse and office space for sale.
      457 S Campbell St, Valparaiso, IN 46385
      View Details
    • $395,000
      1.60 Acres

      Income-Generating Multi-Unit Property

      Multi-unit property on 1.6 acres in Porter County.
      143 N 500 W, Valparaiso, IN 46385
      View Details
    • $174,800
      915 SF

      Updated First-Floor Condo with Garage

      Updated first-floor condo with garage, convenient location, and included amenities.
      3608 Timberbridge Dr, Valparaiso, IN 46383
      View Details
    • $269,900
      1,252 SF

      Move-In Ready Townhome, No HOA

      Beautifully maintained townhome near downtown Valparaiso with no HOA fees.
      1100 Pine Creek Rd, Valparaiso, IN 46383
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-Traffic, Fully Leased Investment
    Where is this mixed-use property located?
    The property is located at 16 Jefferson St Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $699,900.
    Request Owner's contact information
    16 Jefferson St Valparaiso, IN 46383
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Jefferson St
    Valparaiso, IN 46383
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16 Jefferson St Valparaiso, IN 46383
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.