rent to own home - Valparaiso, IN - a commercial property

Usually a fixed monthly payment, made by a tenant in return for the right to occupy the property of the owner.Rent: $5
This is a wood and steel framed, steel and brick sided multi-tenant building consisting of 33,395 total SF offering up to 821' of frontage n Morthland Drive (U.S. Highway 30). Presently this site is in unincorporated Porter County. 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 2,000 SF to 12,760 SF. See Loopnet #17870464. Originally constructed as Valparaiso Lumber. Current tenants are Penske Truck Leasing and STA Construction. 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 CH-High Intensity Commercial District with real estate taxes for real estate taxes for 2014 pay 2015 are $8,260.16 for the building parcel and $5,534.44 for the additional land parcel totaling $13,794.60.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 mis west of the S.R. 49 interchange. Well-located near restaurants, banking, shopping and jus...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID209446351
Living Area (sqft)34,650
Property TypeCommercial

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