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Downtown Valparaiso Office Space Available
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15 Franklin St, Valparaiso, IN 46383

Two-story office building with parking and signage in downtown Valparaiso.

Space Size144 SF - 900 SF
Property Size17,010 SF
Days on Market1189

Property Features for 15 Franklin St

General Information

Standard status Active
Size 144 SF - 900 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 17,010 SF
Year Built 1990
Tenancy Multiple

Spaces For Lease

at 15 Franklin St Contact us

210

Size
280 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

120B

Size
900 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

280

Size
144 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

290

Size
144 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Bradley Company Merrillville
Listed By: Steve Nicksic · License #IN
Source: Crexi
Added: Jun 6, 2023 Changed: Aug 21 Last Checked: Sep 3 at 4:42AM

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 Bradley Company Merrillville

Investment Insights

Based on property information with market context.

This two-story office building features a limestone facade and is situated on Franklin Street in downtown Valparaiso. The building includes an elevator, private parking, and dedicated signage. Its location is within walking distance of the County Building, banks, restaurants, shopping, and parks. The property offers visibility and is located in a highly desired building.

Key Highlights

  • Prime Downtown Valparaiso Location: Steps from the old courthouse, County Building, banks, restaurants, shopping, and parks.
  • Private Parking: A rare and highly desirable amenity in the downtown market.
  • Elevator Access: Located in an elevator office building.

Property Analytics

Current Use

Office buildings

Suggested Use

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

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

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,763
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with parking and signage in downtown Valparaiso.
Where is this office building located?
The property is located at 15 Franklin St Valparaiso, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Valparaiso Location: Steps from the old courthouse, County Building, banks, restaurants, shopping, and parks.; Private Parking: A rare and highly desirable amenity in the downtown market.; Elevator Access: Located in an elevator office building.
(219) 508-0554 Call to check price and availability
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