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    17 Lincolnway Valparaiso, IN 46383

    For Lease
    $10 SF/Yr ($12,749 /Mo)

    Historic Indiana Office Building, Flexible Suites

    Lot size:
    15,299 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional office building, located at 17-19 E Lincolnway in Valparaiso, Indiana, presents a unique opportunity for businesses seeking flexible and historically significant space. Built in 1880, this two-story building offers a total of 15,299 square feet, encompassing both traditional and executive office suites. Currently, there are 4,440 square feet of vacant space available, divisible into units ranging from a minimum of 1,372 square feet to a maximum contiguous space of 3,068 square feet. The building's location in Porter County, with easy access to downtown Valparaiso and major transportation routes, provides excellent visibility and convenience. The property's historic charm is complemented by its modern functionality, making it an ideal location for a variety of businesses. Whether your company requires a single, smaller office or a larger, contiguous space, this property offers the adaptability to meet your specific needs. The building's multiple tenancy structure allows for a diverse and vibrant work environment. This is a rare opportunity to secure office space in a landmark building in a thriving Indiana community. The zip code is 46383.

    Property Features for 17 Lincolnway

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,299 SF
    Total Rate
    12749.17

    Building Details

    Year Built
    1880
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 2A
    Size
    3,068 SF
    Rate per SF
    $18
    Space
    Lower Level Office
    Size
    1,372 SF
    Rate per SF
    $10

    HighLights

    • Office and retail leasing opportunities in historic downtown Valparaiso, Indiana.
    • Recently updated, 1880s elevator building across from the Porter County Courthouse.
    • High visibility with easy access to downtown amenities.
    • Main floor features two retail spaces and access to lower, main, and upper‑level office suites; 4,440 SF of vacant space divisible into units from 1,372 SF to 3,068 SF contiguous.
    • Ample on‑street parking supplemented by nearby city lots and a county garage.
    • Valparaiso is the Porter County seat and home to Valparaiso University; total building size 15,299 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.06018546
    Latitude
    41.46782288

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Indiana Office Building, Flexible Suites
    Where is this office property / space located?
    The property is located at 17 Lincolnway Valparaiso, IN.
    What is the lease rate?
    The lease rate is $10-$18 SF/Yr.
    What are key features of this property?
    This property features: Office and retail leasing opportunities in historic downtown Valparaiso, Indiana.; Recently updated, 1880s elevator building across from the Porter County Courthouse.; High visibility with easy access to downtown amenities.
    Request Owner's contact information
    17 Lincolnway Valparaiso, IN 46383
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    Valparaiso, IN 46383
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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
    17 Lincolnway Valparaiso, IN 46383
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