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Renovated Office Property
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557 West Street, Valparaiso, IN 46385

Four private work areas, a reception space, break room, restroom, internet availability, and on-site parking support daily operations.

Space Size1,364 SF
Days on Market8

Property Features for 557 West Street

General Information

Standard status Active
Size 1,364 SF
Class B
Property subtype Office
Zoning General Commercial

Space & Availability

Space Use Office
Condition Move-in Ready
Private Offices 4

Lease Terms

Lease Rate $3,500 /USD/MO
Monthly Rent $3,500

Amenities

Reception/lobby area
Kitchen/break room
Private restroom
High-speed internet available
On-site parking

Building Details

Building Size 1,364 SF
Year Built 1860
Tenancy Single

Spaces For Lease

at 557 West Street Contact us

Space 1

Size
1,364 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Blue Ridge Realty Group
Listed By: Nick Crook · License #RB25001096
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 12 at 8:20AM

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 Blue Ridge Realty Group

Investment Insights

Based on property information with market context.

This standalone office property dates to 1860 and has undergone a full interior renovation. The layout includes 4 private offices, a reception and lobby area, kitchen and break room, and a private restroom. High-speed internet is available, and the space is described as ready for occupancy.

General Commercial zoning supports its office use. On-site parking is available, with ownership willing to discuss additional parking improvements for a long-term tenant subject to local approvals. The property is located along Valparaiso’s West Street Corridor, which the City has identified for future connectivity and economic development initiatives.

Key Highlights

  • Fully renovated interior in a standalone office property
  • 4 private offices plus reception and lobby space
  • Kitchen and break room with private restroom

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Florist Storage Facility

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

463
Businesses Nearby

Demographics for 46385, IN

41,832
Population
16,071
Households
2.6
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
80.7 sq mi
ZIP Area
518
Density / Sq Mi
$97,208
Median Household Income
$50,582
Median Earnings
$1,225
Median Rent
$305,400
Median Home Value

Market

Lease Benchmarks for Valparaiso, IN

$20.98 /SF/Yr
Avg Asking Price
$3.66–$42.94 /SF/Yr
Price Range
2,938 SF
Avg Space Size

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 - Four private work areas, a reception space, break room, restroom, internet availability, and on-site parking support daily operations.
Where is this office units located?
The property is located at 557 West Street Valparaiso, IN.
What are key features of this property?
This property features: Fully renovated interior in a standalone office property; 4 private offices plus reception and lobby space; Kitchen and break room with private restroom
More about this property
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