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$699,900

Est. payment - /mo

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6,698 SqFt

Active Under Contract

16 Jefferson ST Valparaiso, IN 46383

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Christina Steele

christina@maptorealestate.com +1(574) 209-1010

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,698 sqft

Price per Sqft $104

Subdivision Valparaiso

MLS Listing ID 815573

Year Built 1921

Annual Tax Amount $4,655

Tax Year 2023

Lot Size 2,526 Sqft

Acres 0.058

Lot Dimensions 58x44

Property Sub-Type Mixed Use

Property Description

12-18 Jefferson. PRIME LOCATION ONE BLOCK OFF LINCOLNWAY! High traffic location in the heart of downtown! Mixed use property with 3 Commercial lease units on the main and 2 residential lease units upstairs. Fully-leased! Sale is subject to tenant rights. Cap rate of 6.7%. Owner pays Water/Sewer/Trash and common area Electric. Tenants pay remaining utilities. Both residential units are 2 bed/1 bath. Common area laundry for all tenants to utilize, as well as common area basement storage. On street parking.

Location

State IN

County Porter

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Hot Water

Fireplace N

Exterior

Exterior Feature Awning(s), Private Entrance, Rain Gutters

View Y/N true

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Building

Lot Description Zero Lot Line

Others

Tax ID 640924338003000004

Acceptable Financing NRA20250128171535191450000000

Listing Terms NRA20250128171535191450000000

Listed by Seramur Properties, LLC

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