801 Lincolnway, Valparaiso, IN 46383
For Sale
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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.
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.