2500 Cumberland Dr Valparaiso, IN 46383

Property Details for 2500 Cumberland Dr

Lot size

1.00 lot acres

Property type

Commercial land

APN

64-09-13-230-004.000-004

APU

640913230004000004

Description

This exceptional one-acre commercial lot, situated at 2500 Cumberland Drive in Valparaiso, Indiana (zip code 46383), presents a remarkable investment opportunity. Part of the Viking Place development, this lot (Lot 3) benefits from its strategic location at the vibrant five-points roundabout intersection of Calumet, Vale Park, and Roosevelt Roads, placing it at the heart of Valparaiso's northside demographic. The property is part of an 11+-acre site encompassing six available lots, all ready for development. Existing infrastructure includes entry signage and curbs, streamlining the process for plan submission, approval, and excavation. The General Commercial zoning allows for a wide range of uses, including retail, restaurants, banking, medical facilities, general commerce, service businesses, grocery stores, and supermarkets. This prime location boasts proximity to numerous established businesses, such as a Starbucks, Family Express, 1st Source Bank, a multi-million dollar YMCA campus, Strack & Van Til Grocery, Burger King, and a 5/3 Bank, along with other regional and national retailers. The sale is contingent upon final subdivision and plat approval by the City of Valparaiso and the final recording of the Declaration of Covenants and Restrictions. This is an exceptional opportunity to establish a business in a thriving and highly visible location.