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    15 Franklin St Valparaiso, IN 46383

    For Lease
    Contact for pricing

    Downtown Valparaiso Office Suite Available

    Lot size:
    17,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional executive office suite, located at 15 N. Franklin St. in Valparaiso, Indiana, offers 280 square feet of prime space within a larger two-story building. Built in 1990, the building boasts a striking limestone facade and enjoys a highly visible location on Franklin Street. The property features a convenient elevator, a significant advantage in the downtown area, and includes dedicated signage for enhanced visibility. Private parking is also provided, a rare amenity in this desirable location. The suite is part of a multi-tenant building totaling 17,010 square feet. Its central downtown location places it within easy walking distance of the Porter County Courthouse, numerous banks, a variety of restaurants, shopping options, and local parks. This is an ideal opportunity for businesses seeking a prestigious address with excellent accessibility and high visibility in the heart of Valparaiso. The building's location offers unparalleled convenience and access to a vibrant community. The 280 square foot suite is currently vacant and ready for immediate occupancy. The building's two stories provide ample space for multiple tenants, creating a dynamic and thriving business environment. This property presents a unique opportunity to establish a presence in a highly sought-after downtown location.

    Property Features for 15 Franklin St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,010 SF

    Building Details

    Year Built
    1990
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 210
    Size
    280 SF

    HighLights

    • Prime Franklin St. location, one block from Lincolnway.
    • Limestone building with dedicated street‑facing signage and private parking.
    • Two‑story office space, elevator‑served.
    • Downtown Valparaiso location ideal for general office use.
    • Steps from the courthouse and other downtown amenities.
    • Walkable to County Building, banks, restaurants, and parks.
    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
    -87.0600447
    Latitude
    41.4683991

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Valparaiso Office Suite Available
    Where is this office property / space located?
    The property is located at 15 Franklin St Valparaiso, IN.
    What are key features of this property?
    This property features: Prime Franklin St. location, one block from Lincolnway.; Limestone building with dedicated street-facing signage and private parking.; Two-story office space, elevator-served.
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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
    15 Franklin St Valparaiso, IN 46383
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