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Second-Floor Office Suite
For Lease
$17 SF/Yr NNN

2003-150 W Lincolnway, Valparaiso, IN 46383

Move-in-ready office suite with elevator access, private offices, conference room, and a private bathroom.

Space SizeContact for details
Days on Market111

Property Features for 2003-150 W Lincolnway

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,692
Listing Agency: Century 21 Alliance Group
Listed By: Nicholas Sommer · License #RB14050981
Source: Exprealty
Added: May 15 Changed: Aug 31 Last Checked: Sep 1 at 11:05PM

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 Century 21 Alliance Group

Investment Insights

Based on property information with market context.

The 1,672-square-foot second-floor office suite includes four private offices, a reception and waiting area, a large open common area, storage, a coffee bar, and a private bathroom. A board/conference room with a historic fireplace adds a distinctive meeting space, while 9' ceilings, large windows, data and voice access, fresh paint, and carpet support immediate occupancy. Elevator service provides access to the suite.

An adjoining 1,250 square feet is also available and may be configured for a variety of uses. The property is located in the historic Centier Bank Building at 2003-150 W Lincolnway in downtown Valparaiso, Indiana. Lease structure is modified NNN, with the tenant responsible for utilities and a pro rata share of real estate taxes, insurance, and snow plowing.

Key Highlights

  • 1,672 SF second‑floor office suite in the historic Centier Bank Building
  • Four private offices, each with large windows for natural light
  • Board/conference room includes a historic fireplace

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Electrical Service Hair Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

299
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

Lease Benchmarks for Valparaiso, IN

$22.34 /SF/Yr
Avg Asking Price
$3.66–$42.94 /SF/Yr
Price Range
2,620 SF
Avg Space Size

This space is priced 24% below the average of $22.34 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready office suite with elevator access, private offices, conference room, and a private bathroom.
Where is this office units located?
The property is located at 2003-150 W Lincolnway Valparaiso, IN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,672 SF second‑floor office suite in the historic Centier Bank Building; Four private offices, each with large windows for natural light; Board/conference room includes a historic fireplace
More about this property
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