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East of the corner of SR 19 and CR 6 E

Description

Fantastic redevelopment or investment opportunity on heavily traveled CR 6 E (over 18,000 cars daily) just off the corner with SR 19 (over 20,000 cars daily, INDOT Traffic Counts) right in the heart of a strong retail corridor. Sitting on 3.42 acres boasting nearly 400 FT of frontage, and zoned PUD: Planned Unit Development, this property allows for a wide array of mixed-use developments. The property also consists of a fully leased 16,150 SF building with below market rents that have plenty of ability for increases. 3-way liquor license is included in the price used by Margarita’s Mexican Restaurant. Each unit has individually metered gas forced air heating, central A/C, 200-amp electrical service, handicap accessible restrooms, water heaters, furnace rooms, and storage areas. Great proximity, only 1 mile from the IN-Toll Road interchange at IN-19, 2 miles to Simonton Lake 2.5 miles from Downtown Elkhart, 4 miles to IN-17, 5.5 miles from the US-20 Bypass, and 15.5 miles to the University of Notre Dame. Taxes: $27,518,14. Tax Year: 2025, pay 2026. Zoned PUD: Planned Unit Development.

Details

  • Property Details

  • MLS #:
    202621188
  • Price
    $2,850,000
  • Approx. Lot Size Acres
    3.42
  • Approx. Lot Size SqFt
    148,975
  • Class
    Commercial
  • DOM
    2
  • Lot Dimensions
    398x374
  • New Construction
    No
  • Parcel ID#
    20-02-29-226-014.000-027
  • Property Sub-Type
    Retail
  • State
    IN
  • Subdivision
    None
  • Year Built
    1988
  • Zip
    46514
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: June 6 2026, 9:03 PM

Listing courtesy of: John Piraccini, Coldwell Banker Real Estate Group

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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