2502 Beech Street, Valparaiso, IN 46383
SINGLE_FAMILY - Valparaiso, IN
- Added:
- Jan 14, 2026
- Days on Market:
- 143
- Last Refresh:
- Jun 6 at 3:06 am
Property Features for 2502 Beech Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 4
- Parking features
- Off Street, Garage
- Security features
- Security System
- Interior features
- Entrance Foyer, Laminate Counters, High Ceilings
- Exterior features
- Lighting, Rain Gutters
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 641019278003000004
- Size
- 1,600 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEECH CENTER COMMERCIAL CONDOS UNIT 3 TIF
- Tax Annual Amount
- 3212
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Water source
- Public
Building Details
- Year built
- 2005
Listing agent Alison Taylor License #RB14039104 (219) 671-2898
Listing office REMAX County Wide 1st 115 South Court St Ste E, Michigan City, IN (219) 362-9400
Listing date Jan 14, 2026
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approximately 1,600 SF professional office condominium suite in Valparaiso’s Beech Center business corridor
- Layout includes reception area, private office, conference/workroom space, kitchenette, restroom, and finished storage
- Includes rare 9' x 9' overhead door for deliveries and equipment/storage flexibility
- Built in 2005; heated/cooled with central natural gas heat
- Utilities include public water and public sewer; off‑street parking with garage
- Recent complex improvements: parking lot, roof, exterior paint, and lighting; part of a professionally managed 10‑unit association
Overview
Located in the Beech Center business corridor of Valparaiso, the property is positioned for convenient access to major Valparaiso corridors serving both clients and staff. The exterior of the condominium complex has seen recent updates including improvements to the parking lot, roof, exterior paint, and lighting.
This suite is well suited for professional service businesses such as legal, accounting, consulting, insurance, and therapy or wellness providers, as well as administrative uses. The unit is part of a professionally managed 10-unit office condominium association that provides exterior and common area maintenance, and the seller is offering the property fully vacant at closing for immediate occupancy.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.3k | $17.04 |
| − Vacancy | −$1.6k | −$1.02 |
| EGI | $25.6k | $16.02 |
| − OpEx | −$6.4k | −$4.00 |
| NOI | $19.2k | $12.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.030762
- Latitude
- 41.473418
