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Map

Directions

IN 19 N to Elkhart to 33 S Nappanee Street. Right at W Franklin Street.

Description

PRIME DOWNTOWN ELKHART LOCATION- Key value ad investment opportunity. Five story, 115,700 square foot mixed use commercial building, located in the nation’s largest RV manufacturing hub. Elkhart’s Central Metropolitan District. Walking distance to Hilton Hotel, City Park Center, Lerner Theatre, River Walk, and new amphitheater! Easily convertible to multifamily, office, retail, hospitality, medical and other uses. Sold with 2 adjacent lots with 65 car parking. 3.5 miles from interstate expressways 90/80. 8.5 miles from the new Amazon fulfillment facility. 16 miles from Notre Dame University. 25 minutes to Elkhart Municipal and South Bend International Airports. Investors can realize 15% or higher cash on cash return at full occupancy through soft repositioning and long-term leasing strategies. Federally qualified Opportunity zone. City zoning ordinance permits multiple uses.

Details

  • Property Details

  • MLS #:
    202312400
  • Price
    $3,999,999
  • Approx. Lot Size Acres
    0.86
  • Approx. Lot Size SqFt
    37,461
  • Class
    Commercial
  • DOM
    97
  • Lot Dimensions
    0
  • New Construction
    No
  • Parcel ID#
    20-06-05-455-002.000-012
  • Property Sub-Type
    Mixed Use
  • State
    IN
  • Subdivision
    None
  • Year Built
    1974
  • Zip
    46516

  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: December 10 2023, 6:01 PM

Listing courtesy of: Kaileyne Krask, @properties | Christie's International Real Estate

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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