2801 Leonard DR, Valparaiso, IN 46383
2801 Leonard DR, Valparaiso, IN 46383
2801 Leonard DR, Valparaiso, IN 46383
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$750,000
Est. payment /mo
3,012 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,012 sqft

Price per Sqft $249

MLS Listing ID 843198

HOA Y/N No

Year Built 2008

Annual Tax Amount $8,705

Tax Year 2024

Lot Size 1.050 Acres

Acres 1.05

Property Sub-Type Office

Property Description

INVESTMENT OR OWNER USER OPPORTUNITY! LOCATION LOCATION LOCATION! 3000 sqft Medical Building in Valparaiso's Eastport Center Commercial Park. With Rt 49 in the backyard, you have TRUE 49 EXPOSURE allowing for PRIME ADVERTISING POTENTIAL! Positioned along highly traveled Route 49, this approximately 3,000 SF commercial building offers excellent visibility, prominent signage, ample parking, and a versatile medical/professional-office layout. Building currently houses a waiting room, reception area, 6 exam rooms, 1 procedure room, multiple office spaces, 1 central lab/nursing station, Conference room/Break room, 1 large filing room/utility room, and 2 accessible restrooms. Building has 1 large gurney sized door and 3 skylights providing abundant natural light. Updates include 2 NEW High-Efficiency, Commercial Grade HVAC systems, NEW Water Heater. Metal Roof was installed in 2007, and was resealed in 2024. Parking lot has been well maintained with resealing every other year. Lighted signage at front and rear of property. Prime location with access off Rt 30 as well as Rt 2/LaPorte Ave. Building would be well suited for medical/therapeutic space, or professional office such as accounting, insurance, financial planning, etc. OWNER-USERS: Take advantage of immediate occupancy and a well-appointed building with established medical-office infrastructure. INVESTORS: Explore the property's income-producing potential with an estimated market rental rate of 20/SF NNN, representing approximately 60,000 in projected annual base rental income and a potential 8.0 percent capitalization rate at the asking price, assuming full occupancy and recovery of operating expenses. Offered at 750,000. Investment projections are estimates only. Property is currently vacant, and no rental income is guaranteed. Cap Rate is a projected return based on successful leasing--not income already being generated by the property.

Location

State IN

County Porter

Interior

Interior Features Entrance Foyer, Recessed Lighting, Laminate Counters

Heating ENERGY STAR Qualified Equipment, Natural Gas, Forced Air

Fireplace N

Appliance Water Heater

Exterior

Exterior Feature Lighting

Parking Features Asphalt

View Y/N true

View Other

Accessibility Accessible Doors, Accessible Full Bath

Handicap Access Accessible Doors, Accessible Full Bath

Building

Lot Description Back Yard, Paved, Landscaped, Front Yard, Few Trees

Sewer Public Sewer

Water Public

Others

Tax ID 641029154001000029

Security Features Smoke Detector(s)

Acceptable Financing NRA20260731144453804029000000

Listing Terms NRA20260731144453804029000000


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Listed by Seramur Properties, LLC • Kristen Stemple

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Justin Hanuscin

Justin Hanuscin

+1(219) 688-3941

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