75 E Morthland Dr, Valparaiso, IN 46383

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David A. L.

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  • Available Spaces
Suite Space Type Pricing Size
--- Industrial Space For sale: Contact for Pricing 710,899 sqft

1 Industrial Space For lease: $0.42/sqft 12,760 sqft
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Building Details:

• Year Built: 1950

75 E Morthland Dr is an industrial property for lease in Valparaiso, IN. The property currently has 2 industrial spaces for lease and is marketed by Commercial In-Sites, LLC.

This is a wood and steel framed, steel and brick sided multi-tenant building consisting of 34,650 total SF offering up to 821' of frontage on Morthland Drive (U.S. Highway 30). Ideal for a variety of uses to include retail, office and some light industrial warehouse. Also available for lease with several options with the units available for lease offering from 1,200 SF to 24,181 SF. See Loopnet #17870464. Former tenant uses include a sign shop, dance studio, warehouse use and a current tenant is Penske. The building is located on 5.74 acres and is available for sale at $1,800,000 with an additional 10.6 acres of adjoining land available for sale at $750,000. Current zoning on both parcels is CG-Commercial General with real estate taxes for 2011 pay 2012 are $16,863.80 for the building parcel and $9,790.06 for the additional land parcel totaling $26,653.86.

Located on the south side of Morthland Drive (U.S. Highway 30) just east of the stoplight intersection of S.R. 2. The property is just 3 miles west of the S.R. 49 interchange. Well-located near restaurants, banking, shopping and just south of the Valparaiso Square. 2010 average daily traffic counts on U.S. Highway 30 at 28,600 cars per day.

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