Property Listing No Longer Available for Sale

552 Morthland Dr., Valparaiso, IN

Retail for Sale - $960,000 - 13,250 Sq. Ft. on 1.72 acres


Property Info

CIMLS#968770
Location
  552 Morthland Dr.
  Valparaiso IN 46385
UpdatedFebruary 2nd, 2018
TypeRetail
Price$960,000
Building13,250 Sq. Ft.
Land1.72 acres

Property Description

13,250 SF, one & one-half story building on 1.72+ acre site located at the hard corner of US 30 (Morthland Dr.) and Horse Prairie Ave. Constructed as the Bridge View Theater, it has served as a house of worship over the past two decades. Reception area, offices, restrooms, a large open area as well as a kitchen and multi-purpose room are located on the main floor totaling 10,600 SF of clear span space. A second story of 2,650 SF is in the rear of the structure serving as classroom and gathering space. Over 24,500 average vehicles a day on US 30 (2015 INDOT). Parking for 108 vehicles could be expanded as a residence that once stood on the rear of the property has been removed; maximization to roughly 135 vehicles.

Location Description:

Located on the hard corner of US 30 (Morthland Dr.) and Horse Prairie Ave. on the south side of Valparaiso. Minutes to downtown, Valparaiso University lays 2 miles to the east. CG, General Commercial zoning, allows for a wide array of allowable use; commercial retail, hospitality, office, services and others.

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