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    701 Lincolnway Valparaiso, IN 46383

    For Sale
    $699,999

    Prime Location, Updated Office Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional all-brick professional office building at 701 Lincolnway in Valparaiso, Indiana, presents a unique investment opportunity. Boasting a desirable downtown location, just three blocks from the new Linc development and near the Valparaiso airport, this property enjoys high visibility and significant traffic. The 0.2-acre lot includes a private, illuminated parking lot and a two-car garage with an automatic opener, ensuring ample parking for staff and clients. A prominent illuminated monument sign enhances the building's presence. Inside, the building features an open-concept lobby with a reception desk, shared men's and women's restrooms, and a convenient kitchenette. Multiple private office suites offer flexibility to accommodate diverse business needs, with two suites including their own half-baths. The building benefits from a recently updated roof and gutters, fresh landscaping, and a vacant lot next door, presenting potential for future development. The property's brick exterior adds to its enduring appeal. This turnkey office building is ready for immediate occupancy and offers a compelling combination of location, amenities, and potential for growth. The asking price is $699,999.

    Property Features for 701 Lincolnway

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1979
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    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
    -87.05225
    Latitude
    41.46802

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, Updated Office Space
    Where is this office property / space located?
    The property is located at 701 Lincolnway Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $699,999.
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    701 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
    701 Lincolnway Valparaiso, IN 46383
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