Multi-Building Flex
For Lease
$5,000/Mo
345 N 400 E, Valparaiso, IN 46383
COMMERCIAL - Valparaiso, IN
Space Size1,165 SF - 3,550 SF
Lot Size4.97 Acres
Days on Market254
Property Features for 345 N 400 E
General Information
Property type
Commercial Lease
Property subtype
Other
Directions
First property on the east side of N 400 E just south of E St Rd 2 in Valparaiso.
Standard status
Active
APN
641015301001000020
Size
3,550 SF
Lot size
4.97 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Parc In S560 N610 Ex S200 W400 Sw Of Ditch Nwsw15-35-5 5A D479P392
Tax Annual Amount
4571
Legal Description
Parc In S560 N610 Ex S200 W400 Sw Of Ditch Nwsw15-35-5 5A D479P392
Utilities
Water source
Well
Building Details
Year built
1942
Listing Agency:
StreetFront, LLC
(219) 510-3720
Listed By:
Ryan Peters · License #RB14047099
(219) 510-3720
Added: Dec 5, 2025
Changed: Aug 4
Last Checked: Aug 16 at 2:06AM
MLS# 831600
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.
This flex-space property includes three independent buildings totaling approximately 3,550 square feet across 4.97 acres. Constructed in 1942 and updated for commercial use, the buildings may be leased separately or combined. Building One contains approximately 1,165 SF, with two 10' drive-in doors, wood-frame construction, and barn-style design. Building Two provides approximately 1,224 SF, including a 670 SF garage with a 10' drive-in door, along with finished office space, a breakroom, and restroom. Building Three contributes approximately 1,175 SF of open-plan area and another 10' drive-in door.
The property is located at 345 N 400 E in Valparaiso, Indiana, within Porter County. Water service is provided by a well. The three-building configuration supports separate occupancy or a consolidated setup, depending on space requirements.
The property is located at 345 N 400 E in Valparaiso, Indiana, within Porter County. Water service is provided by a well. The three-building configuration supports separate occupancy or a consolidated setup, depending on space requirements.
Key Highlights
- Three stand‑alone buildings total approximately 3,550 square feet on 4.97 acres
- Building One measures approximately 1,165 SF and has two 10' drive‑in doors
- Building Two totals approximately 1,224 SF, including a 670 SF garage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.53 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$14.64 /SF/Yr
Avg Asking Price
$10.97–$16.9 /SF/Yr
Price Range
3,064 SF
Avg Space Size
This space is priced 15% above the average of $14.64 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Three separate commercial buildings offer adaptable layouts for light industrial, storage, contractor, and small business operations.
Where is this flex space located?
The property is located at 345 N 400 E Valparaiso, IN.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Three stand‑alone buildings total approximately 3,550 square feet on 4.97 acres; Building One measures approximately 1,165 SF and has two 10' drive‑in doors; Building Two totals approximately 1,224 SF, including a 670 SF garage
