457 S Campbell St, Unit 1 Valparaiso, IN 46385

Property Details for 457 S Campbell St

Year built

1926

Construction

WOOD

Lot size

0.73 lot acres

Property size

2,294 SF

Property type

Office Properties & Spaces

APN

64-09-25-101-003.000-004

APU

640925101003000004

Description

This exceptional 8,000 square foot industrial property, situated on a 0.73-acre lot at 457 Campbell Street in Valparaiso, Indiana, presents a compelling investment opportunity. The property comprises three warehouse spaces and five commercial offices, currently operating at approximately 75% occupancy. This provides immediate cash flow potential for the new owner. The existing tenant structure offers a stable income stream, with the possibility of increasing revenue through leasing the remaining vacant space. The seller may consider a sale-leaseback arrangement, providing flexibility for a smooth transition. The strategic location of this property is a key advantage. It sits within an area targeted for significant future development by the city, which owns surrounding parcels. This prime position ensures substantial long-term growth potential and appreciation. The property's size and configuration make it suitable for a variety of uses, offering adaptability to meet evolving market demands. This is a rare chance to acquire a well-positioned industrial property in a rapidly developing area of Valparaiso, promising both immediate returns and significant future value. The asking price is $749,000. Serious inquiries are encouraged.