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    680 Calumet Ave Valparaiso, IN 46383

    Sponsored
    For Sale
    $220,000

    1,254 SF, 2.91 Acres, Prime Location

    Property size:
    1,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use commercial property, located at 680 N Calumet Ave in Valparaiso, Indiana, presents a unique investment opportunity. Boasting a total of 1,254 square feet on a generous 2.91-acre lot, this property offers versatile space ideal for a variety of businesses. The building features a blend of office space and a kitchen area, perfect for a restaurant, catering business, or other food-related enterprise. Additionally, there is a large attached shed providing ample storage. The property includes one full bathroom and one half bathroom, catering to both employees and clients. A large entry area and substantial parking area enhance the property's functionality and appeal. The property's zoning is commercial, allowing for a wide range of uses. The location offers significant visibility due to its large frontage along Calumet Avenue. Beyond the immediate building, the property boasts beautiful views of the water and woods, creating a serene and attractive environment. A large basement provides additional storage or potential for expansion. The property's APN numbers are 64-07-31-136-002.000-006, 64-07-31-126-015.000-006, 64-07-31-136-003.000-006, 64-07-31-136-004.000-006, 64-07-31-136-005.000-006, 64-07-31-202-002.000-006, and 64-07-31-202-001.000-006. The asking price is $220,000, with a price per square foot of $175.44. This property is zoned for commercial use.

    Property Features for 680 Calumet Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,254 SF
    Lot Size
    126,760 SF

    HighLights

    • 2.91‑acre commercial property on the north side of Valparaiso with significant Calumet Avenue frontage.
    • Office and kitchen space.
    • One half‑bath and one full bath.
    • Large attached shed.
    • Spacious entryway.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Department Store Food Market Accounting Firm Storage Facility HVAC Service Electrical Service Daycare Center Pawn Shop Plumbing Service Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.036668303842
    Latitude
    41.532729295262

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    FAQs

    What type of property is this?
    Individual retail property - 1,254 SF, 2.91 Acres, Prime Location
    Where is this individual retail property located?
    The property is located at 680 Calumet Ave Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: 2.91-acre commercial property on the north side of Valparaiso with significant Calumet Avenue frontage.; Office and kitchen space.; One half-bath and one full bath.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    680 Calumet Ave Valparaiso, IN 46383
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