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Downtown Valparaiso Multi-Tenant Commercial Property
For Sale
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13 Lincolnway, Valparaiso, IN 46383

Prime location with restaurant and office suites, high occupancy.

Property SizeContact for details
Days on Market199

Property Features for 13 Lincolnway

General Information

Standard status Active
Property subtype Business for Sale, Office, Retail
Net Operating Income $1,730

Building Details

Year Built 1880
Listing Agency: Seramur Properties
Listed By: Dj Seramur · License #IN RB14028997
Source: Crexi
Added: Jan 24 Changed: Aug 8 Last Checked: Aug 11 at 5:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seramur Properties

Investment Insights

Based on property information with market context.

This commercial property is located in downtown Valparaiso, directly across from the courthouse. The building features multi-tenancy. The main floor is occupied by a thriving restaurant. The second and third floors comprise 10 leasable office suites, along with private restrooms and conference room spaces. All but two of the office spaces are currently rented. The main floor has a current lease with 5 years remaining. The property has a new roof and new HVAC.

Key Highlights

  • Prime Downtown Valparaiso location directly across from the courthouse.
  • Multi‑tenancy property with a thriving restaurant on the main floor.
  • 10 leasable office suites on the 2nd and 3rd floors, almost fully rented.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Electrical Service Florist Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

889
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime location with restaurant and office suites, high occupancy.
Where is this mixed-use property located?
The property is located at 13 Lincolnway Valparaiso, IN.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Prime Downtown Valparaiso location directly across from the courthouse.; Multi‑tenancy property with a thriving restaurant on the main floor.; 10 leasable office suites on the 2nd and 3rd floors, almost fully rented.
More about this property
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