Turn-Key Office Condominium
2502 Beech Street Valparaiso, IN 46383
2502 Beech Street, Valparaiso, IN, 46383
$295,000
For Sale
$295,000
SINGLE_FAMILY - Valparaiso, IN
Property Size1,600 SF
Lot Size0.19 Acres
Price / SF$184.38
Days on Market188
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
- Central, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2005
Listing agency
REMAX County Wide 1st
(219) 809-6088
Listed by
Alison Taylor · License #RB14039104
(219) 671-2898
Added: Jan 14 Updated: Jul 11 at 3:32AM Checked: Jul 21 at 3:06PM
MLS# 832815
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.
Investment Insights
Based on property information with market context.
Turn-key professional office condominium suite designed for day-to-day operations, offering a welcoming reception area, private office, and a conference or workroom. The space also includes a kitchenette, restroom, and finished storage area. A standout feature is a rare 9' x 9' overhead door, adding practical flexibility for deliveries, equipment storage, or operational needs that can be difficult to accommodate in typical office condominiums.
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.
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.
Key Highlights
- Approx. 1,600 SF office condominium suite with reception, private office, and conference/workroom space
- Includes kitchenette, restroom, and finished storage area plus a rare 9' x 9' overhead door
- Central natural gas heating; public water and public sewer service
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 |
1,600 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$274.6K
$240.3K – $320.4K
NOI $19,221 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$606.4K
$530.6K – $707.5K
NOI $42,449 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Professional office suite with reception, private offices, and a 9' x 9' overhead door for flexible storage or deliveries.
Where is this office units located?
The property is located at 2502 Beech Street Valparaiso, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Approx. 1,600 SF office condominium suite with reception, private office, and conference/workroom space; Includes kitchenette, restroom, and finished storage area plus a rare 9' x 9' overhead door; Central natural gas heating; public water and public sewer service
