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    FOR SALE
    Auto shops

    801 Lincolnway, Valparaiso, IN 46383

    2,208 SF 0.36 ac lot Built 1954
    Individually Owned Free & Clear
    Property ID
    US31-0736457
    Property summary
    AI-generated overview

    This exceptional 2,208 square foot mixed-use building presents a remarkable investment opportunity in the heart of Valparaiso, Indiana. Strategically positioned on the corner of Lincolnway and Garfield Avenue, this property boasts a prime location with high visibility and accessibility. Currently configured as an auto repair shop, the building's adaptable layout offers immense potential for a wide range of businesses. Features include three overhead doors – two measuring 10 feet wide by 10 feet high, and one larger door at 12 feet wide by 14 feet high – perfect for accommodating vehicles or large equipment. A welcoming front lobby, private office space, two restrooms, and a utility closet provide ample functional space. The property sits on a 0.36-acre lot, ensuring ample room for operations and potential expansion. With an average daily traffic count of 17,086 vehicles in 2023, this location guarantees significant exposure. Its downtown Valparaiso location offers proximity to numerous businesses, restaurants, gas stations, and Route 30, enhancing its appeal and convenience. This turnkey operation is ready for a new owner to capitalize on its established presence and high-traffic location. The asking price is $464,900. Don't miss this chance to own a thriving business in a vibrant community.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1954
    Total area 2,208 SF
    Lot 0.36 ac (15,464 SF)
    APN 64-09-24-428-020.000-004
    UPID US31-0736457
    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
    Tony Damyan
    Tony Damyan
    since 2026
    4 recorded transactions
    2026
    2026
    $325,000
    2025
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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