16 Jefferson St - Storefront Retail/Residential FOR SALE


Valparaiso, IN 46383- Downtown Valparaiso
$699,900 USD
219-241-4039
16 Jefferson St, Valparaiso, IN for Sale
$699,900 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 6.7% Cap Rate

16 Jefferson St
Valparaiso, IN 46383
Downtown Valparaiso


HIGHLIGHTS

  • One block from the heart of downtown
  • Heavy Foot Traffic
  • Close to parking
  • Multi Use
  • Fully leased

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$104 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-18 Jefferson

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

64-09-24-338-003.000-004

ASK ABOUT THIS PROPERTY

Dennis SeramurSeramur PropertiesMore Info
219-241-4039

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Dennis SeramurSeramur PropertiesMore Info
219-241-4039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.