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Property profile & analytics
OFF-MARKET
Office Spaces

2401 Beech St Ste A Valparaiso, IN 46383-6107

9,672 SF 0.85 ac lot Built 2001
Entity Owned 3-yr Hold Free & Clear
Property ID
US31-0542373
Property summary
AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in Valparaiso, Indiana. Situated on a 0.85-acre lot at 2401 Beech Street, Unit D, this 1,400 square foot (+/-) condo offers versatile space ideal for a small business owner or investor. The ground floor boasts a wide-open layout, perfect for customizing to suit various office needs. A restroom is already in place, simplifying build-out for private offices. Its convenient location offers easy access to major retail centers and restaurants, ensuring high visibility and accessibility for clients. Adding to its appeal, an upstairs studio apartment generates consistent rental income, currently leased at $875 per month through the end of September. This provides a passive income stream while offering the potential for owner occupancy. The combination of a ground-floor commercial space and a separately leased residential unit creates a compelling investment opportunity with significant upside potential. The property's size and layout offer flexibility for a variety of business types, making it an attractive option for entrepreneurs seeking a blend of work and living space or investors looking for a strong return on investment. The asking price is $240,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2001
Construction WOOD
Total area 9,672 SF
Lot 0.85 ac (36,852 SF)
APN 64-10-19-276-001.000-004
UPID US31-0542373
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hopper Holdings Nwi LLC · 3 yrs held
Hopper Holdings Nwi LLC
since 2023
Last sale
$227,000
4 recorded transactions
2023
$227,000
2004
Price N/A
2004
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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