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$899,000

301 Washington Street, known locally as The Valparaiso Inn, presents a rare hospitality and live work investment opportunity in the heart of Valparaiso's Washington Street Historic District just three blocks from the downtown square. This distinguished Neo Colonial Revival property has undergone an extensive restoration with half a million dollars invested to preserve its historic character while modernizing key systems and infrastructure. The four level property offers a flexible layout ideal for boutique hospitality, short term rental, or owner operator business use. Interior features include hardwood floors, tall bay windows, three decorative fireplaces, and multiple gathering spaces complemented by a chef's kitchen with granite countertops, travertine tile, and Viking appliances. The second level includes five spacious guest suites each with private ensuite baths and a dedicated laundry area. The third floor provides two additional bedrooms and a shared bath, possibly allowing for expanded guest accommodations or flexible use. The finished daylight basement includes a fully equipped studio suite with kitchen, living area, bedroom, bath, and second laundry, creating an ideal private owner residence or additional possible rental suite. The property is currently zoned residential but carries an approved zoning variance allowing operation as a bed and breakfast and the variance may transfer with the sale. With seven guest rooms plus a separate lower level suite, the property offers strong potential for six plus figure annual revenue in Valparaiso's growing tourism and event driven market. Located within walking distance to downtown dining, retail, parks, and year round festivals, this one of a kind historic asset combines lifestyle, hospitality, and income producing potential in one of Northwest Indiana's most desirable downtown corridors.

301 Washington Street, Valparaiso

$362,400

This beautifully updated home is tucked away in a highly desirable location just minutes from popular restaurants, shops, and everyday conveniences. With its prime location and thoughtful updates, this home offers exceptional everyday living. Step inside to high quality upgrades. Inside you'll find stunning luxury vinyl floorings that flows seamlessly throughout. The kitchen is a true standout with brand new cabinetry, elegant quartz countertops and custom woodwork. Enjoy peace of mind with a new roof, siding, gutters, and downspouts. Every detail has been thoughtfully designed. The upgraded kitchen, spacious living areas, and spacious bedrooms make this home perfect for anyone looking for a move in ready home. Outside, the property continues to impress with a peaceful neighborhood setting ideal for evening walks or weekend relaxation and a 2-car garage. Enjoy a well-kept neighborhood with easy access to everything you need! Whether you're a first-time homebuyer, looking to downsize, or seeking a move-in-ready property in a desirable location. Schedule a showing and see what this home delivers!

3 Beds ⋅ 2 Baths

1607 Geranium Circle, Valparaiso