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Map

Directions

From Downtown Elkhart, head north on Main St. Turn left onto E Jackson Blvd, then right onto Cassopolis St. Turn right onto Bower St. Continue past Prairie St. Property is on the left just before N Michigan St.

Description

Investor Opportunity – Prime Mixed-Use Potential! Exceptional value-add opportunity in the heart of Elkhart! This mixed-use property features a main-level commercial space—currently operating as a convenience store—which will be delivered vacant. All inventory, shelving, and refrigeration units will be removed prior to closing, allowing a flexible blank canvas for redevelopment into a restaurant, retail, office, or additional residential units. Upstairs, two fully leased apartments are already generating rental income, providing immediate cash flow for investors. Estimated monthly rental income: $750, with room for future increases. Whether you’re looking to expand your rental portfolio, start a new business, or develop a mixed-use asset, this property offers strong potential for ROI.

Details

  • Property Details

  • MLS #:
    202523053
  • Price
    $180,000
  • Bedrooms
    2
  • Baths Total
    4
  • Full Baths
    2
  • Half Baths
    2
  • Approx. Lot Size Acres
    0.13
  • Approx. Lot Size SqFt
    5,663
  • Class
    Investment
  • DOM
    8
  • Lot Dimensions
    43 * 134
  • New Construction
    No
  • Parcel ID#
    20-06-06-294-012.000-012
  • Property Sub-Type
    Triplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    4,256
  • Total SqFt
    5,628
  • Year Built
    1930
  • Zip
    46514
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: July 8 2025, 3:05 PM

Listing courtesy of: Kavita Patel, McKinnies Realty, LLC Elkhart

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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