This exceptional retail space, located within the vibrant Calumet Station shopping center, offers a fantastic opportunity for businesses seeking high visibility and convenient access. The available suite, Suite D, boasts 1,200 square feet of adaptable space, perfect for a variety of retail uses. Features include a large open area ideal for showcasing products or services, a prominent storefront window for maximum exposure, a private office for administrative tasks, a restroom, and a convenient back room suitable for storage. The space is part of a larger 10,820 square foot building with multiple tenants, including Rent A Center, New Dragon Restaurant, LA Tan, and Smoochie Pooch, creating a synergistic and thriving retail environment. The property enjoys a strategic location between Evans and Glendale Boulevard, providing excellent accessibility and high foot traffic. Nearby amenities include Town & Country Food Market, CVS, Valparaiso Animal Hospital, Walgreens, Fairgrounds Park, Auto Zone, Kentucky Fried Chicken, McDonald's, and Centier Bank, ensuring a strong customer base. The property's convenient location is also a short distance from major roadways, including Vale Park Road, W. Lincoln Highway, and S.R. 49, as well as Valparaiso University. The lease rate is $5.05 per square foot, NNN, which includes water. Utilities and janitorial services are the responsibility of the tenant. A minimum of 1,200 square feet is available, with a total of 2,400 square feet currently vacant within the building. Don't miss this chance to establish your business in a thriving retail hub.
Property Features for 1615 Calumet Ave
General Information
Property type
Retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
10,820 SF
Total Rate
16230
Unit(s) available at that property
Space
Suite D
Size
1,200 SF
Rate per SF
$18
HighLights
Retail space for lease in Calumet Station, totaling 10,820 square feet.
2,400 square feet of vacant space is currently available, with a minimum divisible unit of 1,200 square feet.
One 1,200 square foot suite is available, featuring an open area, storefront window, office, bathroom, and storage room.
Rent is $5.05 per square foot, NNN, including water; tenant pays utilities and janitorial services.
Excellent location near major retailers and amenities, including Town & Country Food Market, CVS, and Valparaiso University.
The property is located at 1615 Calumet Ave Valparaiso, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail space for lease in Calumet Station, totaling 10,820 square feet.; 2,400 square feet of vacant space is currently available, with a minimum divisible unit of 1,200 square feet.; One 1,200 square foot suite is available, featuring an open area, storefront window, office, bathroom, and storage room.
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1615 Calumet Ave Valparaiso, IN 46383
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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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
1615 Calumet Ave Valparaiso, IN 46383
More about this listing
1615 Calumet Ave, Valparaiso, IN
David Lasser
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1615 Calumet Ave, Valparaiso, IN
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1615 Calumet Ave, Valparaiso, IN
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1615 Calumet Ave, Valparaiso, IN
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1615 Calumet Ave, Valparaiso, IN
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1615 Calumet Ave, Valparaiso, IN
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