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Map

Directions

Corner of E Lexington and S Main

Description

Back on the market at no fault of the seller. A second opportunity to own the well-known Waterworks Building in downtown Elkhart. This beautifully renovated mixed-use property sits on a high-visibility corner lot in the heart of downtown, offering an ideal opportunity for investors or owner-occupants. The main level features a bright, open layout formerly used as a yoga studio, complete with wood floors, large windows, and flexible space suitable for retail, office, studio, or professional use. A full basement adds valuable storage or potential for future expansion. Upstairs, the second floor offers a well-appointed 3-bedroom apartment with updated finishes and large windows overlooking the city, perfect for rental income or a live/work setup. The building is currently available providing immediate occupancy and full flexibility for an owner or new tenants. With its prominent location, modern renovations, and mixed-use zoning, this property presents a strong investment opportunity in a growing downtown market. Deeded parking area at the rear of the building for up to 9 vehicles, ideal for owner use or added income potential.

Details

  • Property Details

  • MLS #:
    202603766
  • Price
    $425,000
  • Approx. Lot Size Acres
    0.05
  • Approx. Lot Size SqFt
    2,178
  • Class
    Commercial
  • DOM
    33
  • Lot Dimensions
    120 x 71
  • New Construction
    No
  • Parcel ID#
    20-06-05-407-012.000-012
  • Property Sub-Type
    Office
  • State
    IN
  • Subdivision
    None
  • Year Built
    1890
  • Zip
    46516

  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: April 12 2026, 3:02 PM

Listing courtesy of: Glenda Laughlin, Bright Star Real Estate Services LLC

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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