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Furnished Third-Floor Office Unit
For Lease
$800/Mo

5 S Washington St, Valparaiso, IN 46383

Furnished office configuration with three private-use rooms and shared tenant restrooms on the floor below.

Space Size408 SF
Days on Market25

Property Features for 5 S Washington St

General Information

Standard status Active
Size 408 SF
Net Rentable 408 SF

Space & Availability

Available Space 408 SF
Contiguous Space 408 SF
Floor 3
Space Use Office
Private Offices 2
Meeting Rooms 1
Furnished Yes

Building Details

Year Built 1870
Listing Agency: Seramur Properties, LLC
Listed By: Dennis Seramur · License #RB14028997
Source: Realtopiare
Added: Aug 6 Changed: Aug 29 Last Checked: Aug 29 at 7:30PM

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 Seramur Properties, LLC

Investment Insights

Based on property information with market context.

Located on the third floor, this furnished office unit provides 408 square feet arranged among three rooms. Two rooms are identified as offices, while the third is configured as a conference room or additional office. Individual room dimensions are 12x9, 12x10, and 10x18.

Restrooms are located on the second floor for shared use by building tenants. The tenant is responsible for gas, electricity, telephone service, and internet. The building dates to 1870 and is located at 5 S Washington St in Valparaiso, Indiana.

Key Highlights

  • 408‑square‑foot furnished third‑floor office unit
  • Three rooms measuring 12x9, 12x10, and 10x18
  • Two offices plus a conference room or third office

Property Analytics

Current Use

Office Units

Suggested Use

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

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
$3.53 /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

Lease Benchmarks for Valparaiso, IN

$21.32 /SF/Yr
Avg Asking Price
$3.66–$42.94 /SF/Yr
Price Range
2,799 SF
Avg Space Size

This space is priced 10% above the average of $21.32 /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 - Furnished office configuration with three private-use rooms and shared tenant restrooms on the floor below.
Where is this office units located?
The property is located at 5 S Washington St Valparaiso, IN.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: 408‑square‑foot furnished third‑floor office unit; Three rooms measuring 12x9, 12x10, and 10x18; Two offices plus a conference room or third office
More about this property
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