• 702 Lincolnway Valparaiso, IN 46383

  • $649,500
  • 1
    Bed(s)
  • 6
    Baths
  • 3,756
    Sq Ft
  • 0.164
    Acre
  • Listed By: Listing Leaders
  • Source: nira

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.

Property Type :

Residential

Subdivision :

Hearthstone Village

County :

Porter

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 1

Room Types: Bathroom, Kitchen, Living Room, Other Room, Primary Bedroom

Bathroom Information

Total Baths: 6

Full Baths: 1

Half Baths: 5

Room Information

Rooms Total: 8

Has Basement: Yes

Interior Features

Built-in Features, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Natural Woodwork, Soaking Tub

Appliances : Dishwasher, Dryer, Gas Range, Microwave, Other, Refrigerator, Washer, Water Softener Owned

Heating & Cooling

Heating: Forced Air, Natural Gas

WaterSource: Public

Building Information

Year Built: 1900

Exterior Features

Private Yard, Storage

Lot Information

Lot Dimensions: 54' x 132'

Lot Description: Corner Lot, Landscaped, Paved

Lot Square Feet: 7143.84

Lot Acres: 0.164

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Style: Other

Tax Information

Tax Assessed Value: 272900

Tax Legal Description: Legal Description: DEWOLFS SUB WOODHULLS ADD LOT 8 BLK 32

Annual Tax: $6720

Tax Year: 2022

Parcel Number: 640924420001000004

Parking Information

Detached, Off Street

Garage Information

Has Garage: Yes

Garage Space: 2

School Information

Elementary School: Parkview Primary School

Junior High School: Thomas Jefferson Middle School

Senior High School: Valparaiso High School

Utility Information

Cable Available, Electricity Available, Natural Gas Available

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: Dewolfs Sub

City: Valparaiso

Direction: U.S. 30 to north on Washington St. Right on Lincolnway. Property is located on the south side of Lincolnway.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3104 Viridian Way, Valparaiso, IN,46383 $388,294 2 2 1,776 0.1952 Acre
219 Crabapple Lane, Valparaiso, IN,46383 $2,400,000 6 8 11,100 2.769 Acres
448 Stonebridge Parkway, Valparaiso, IN,46383 $999,000 3 -- 3,209 1.49 Acres
680 N Calumet Avenue, Valparaiso, IN,46383 $189,000 2 2 1,254 2.9 Acres
1907 Creekside Court, Valparaiso, IN,46383 $195,000 2 2 1,018 0.117 Acre
3603 Meadowlake Drive, Valparaiso, IN,46383 $310,000 4 3 3,152 0.236 Acre
306 Chicago Street, Valparaiso, IN,46383 $819,000 2 4 2,528 0.055 Acre
4605 Wayside Avenue, Valparaiso, IN,46383 $395,000 3 2 1,700 0.16 Acre
406 Sturdy Road #B6, Valparaiso, IN,46383 $170,000 2 2 1,285 0.023 Acre
4401 Kingsdale Drive, Valparaiso, IN,46383 $324,000 2 3 1,860 0.245 Acre

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Based on information submitted to the MLS GRID as of 05/16/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 05/16/2024 @ 06:20

MLS: NIRA #544384
LISTED BY: Charles Vanderstelt, Listing Leaders
SOURCE: nira
Buyer Agency Compensation: 1.89%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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