1 Acre of Improved Commercial Land for Sale in Valparaiso, Indiana

2502 Roosevelt Rd Valparaiso, IN 46383

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$189,000
1 acre
pending
Under contract

Location. Location. Location. Nearly 100 yards from Starbucks. This 1-acre commercial zoned property offers incredible versatility, currently utilized as a urban residential rental but ideal for office space, retail, or other commercial uses. Situated on a high-traffic road, it's a prime location for a small business or entrepreneurial venture. The property features a well-maintained building with numerous upgrades, including new electrical, plumbing, water heater, CO detectors, and smoke alarms installed in 2022. Additional improvements include newer windows installed within the last five years, a new roof, and rebuilt exterior stairs completed in 2024. The property is connected to city water, with water currently sourced from 2406 Roosevelt--a detail that can be addressed if needed. For buyers seeking additional space, the owner is open to selling the the 1-acre parcel at 2406 Roosevelt, providing even more potential for development or expansion. Don't miss this rare opportunity to own a turnkey property with endless possibilities in a highly visible location !Current owner has site plans drawn for a strip mall or a 32 unit apartment, but has not submitted for city approval.

504
Sq feet
1939
Built

Directions

Heading North on Roosevelt Road from Glendale, property on your right after Baron Ct.

Location

Street Address
2502 Roosevelt Rd
Elevation
810 feet
Coordinates
41.4907, -87.0459

Property details

MLS Number
GNIAR 815592
Date Posted

Property taxes

2024
$2,201

Parcels

  • 641018101006000004

Legal description

This 1.012-acre property is located at 2502 Roosevelt Rd in Valparaiso, IN 46383. The property is currently pending sale for $189,000. It has a 504 sq ft structure built in 1939. Listing data is sourced from Northwest Indiana Realtors Association # 815592.

Verify sale details at the property source or contact McColly Real Estate at (219) 864-7200.

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Copyright (C) 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Checked 3 mins ago. Updated . Parcel data by Regrid.

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