VALPARAISO- Bradley Company announced that their Merrillville office has closed on the sale of two 11,286 SF buildings located on 600 Vale Park Rd. in Valparaiso Indiana. When Purdue consolidated the Westville and Hammond campuses into Purdue Northwest, these properties no longer served the school’s needs. Listing brokers Steve Nicksic and Jim Nicksic represented the seller Purdue Research Foundation, while Ross Brown represented Vale Park Medical, LLC in the property sale.
These identical brick EFIS buildings were built in the 1970’s and renovated in the 2000’s with upgrades to the offices and classrooms. These well-maintained office buildings sit adjacent to the Valparaiso Post Office, Valparaiso YMCA, Strack & Van-Til, Porter-Stark and various professional users, fast food and local restaurants. The site also features quick access to SR 49, US 30, I-90, and I-94, making it a prime location in Valparaiso. The buyers are currently planning to convert the buildings to medical office uses.
“We were pleasantly surprised to uncover so much demand for adaptive re-use medical in Valpo’s north side commercial district. Vale Park will be an attractive destination for medical practices in the future. ” -Merrillville Brokerage Team