2401 Beech St Ste A Valparaiso, IN 46383-6107
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.