Veterans United Realty
56 Photos

702 Lincolnway, Valparaiso, IN 46383

$649,500 Asking Price

1 bed
6 baths
3,756  sqft
Built in 1900

Seller is motivated and says make an offer! Bring your business ideas to life with this versatile downtown Valparaiso property. Located at the east end of downtown this property is zoned as Residential Transition. This creates many possibilities for residential or commercial use. The property currently is a cafe with wine service, an art gallery, and an artist's studio. The main building features over 2,400 square feet of space. The main floor features a kitchen, dining areas, and a small retail space, and 2 public restrooms. The upper level includes 5 additional rooms plus a third public bathroom. The dry basement is great for storage. The detached garage features 2 car stalls. Above the garage is a luxury 1 bedroom, 1 & 1/2 bathroom apartment built out in 2022. Apartment includes washer & dryer, and can be sold furnished. Cafe furniture, fixtures, and equipment list selling with the is available. Sellers are offering a turn-key opportunity. The roof and siding were replaced in 2018 or 2019. Recent upgrades include electrical & plumbing improvements and a new furnace and A/C unit for the main floor. The overall condition of the property is excellent.


Listing Status:
Active
Date Added:
January 29, 2024 — 128 days ago
Listing Office:
Listing Leaders, Charles Vanderstelt
Office Phone:
219-462-5478
MLS ID:
544384

Features & Amenities

Interior

General:
Built-in Features, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Natural Woodwork, Soaking Tub
Rooms:
Bathroom, Kitchen, Living Room, Other Room, Primary Bedroom
Appliances:
Dishwasher, Dryer, Gas Range, Microwave, Other, Refrigerator, Washer, Water Softener Owned
Basement:
Crawl Space, Interior Entry
Heating:
Forced Air, Natural Gas

Exterior

General:
Private Yard, Storage
Style:
Other
Other Structures:
Porch, Deck
Parking:
Detached, Off Street

Construction

General:
Two

Location

Road/Access:
Paved
HOA Amenities:
Curbs, Sidewalks
Originating MLS:
nira
School District:
Valparaiso
County:
Porter

Lot

Zoning:
Legal Description: DEWOLFS SUB WOODHULLS ADD LOT 8 BLK 32, 640924420001000004
View:
City, Downtown

Utilities

Utilities:
Cable Available, Electricity Available, Natural Gas Available

Financial

Source:
nira
Buyers Agent Compensation:
1.89

This listing courtesy of:
Listing Leaders, Charles Vanderstelt

About Valparaiso, IN

Housing

Number of Units
34,244
Median Home Value
$230,074
Median Rent
$852

28.57% of housing units are renter occupied.

5.38% are vacant.

Commute

Car
76.77%
Public Transportation
0.59%
Walk to Work
1.16%
Work from Home
20.68%
Other
0.52%

The median travel time to work is 23 minutes.

People

Population
84,057
Median Age
40.10
Median Household Size
2.63

Education

High School
31.56%
Associate’s Degree
9.82%
Bachelor’s Degree
20.62%
Graduate Degree
13.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

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