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Elkhart, IN

Hospitality

Elkhart, IN Hospitality Properties for Sale

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Holt, MI Osceola, IN Goshen, IN Bristol, IN Edwardsburg, MI Granger, IN Mishawaka, IN Cassopolis, MI

Historic Bed & Breakfast

Updated: Mar 30

Historic Bed & Breakfast

529 S Second Street, Elkhart, IN 46516

$625,000

0.31 AC lot

1902 turn‑of‑the‑century property with bed‑and‑breakfast and event‑center use
Mixed‑use zoning supports lodging, event, and residential configurations
Two added upstairs en‑suite bathrooms plus renovated primary bath with steam shower
New furnace and AC, updated plumbing and electrical, and tankless water heater
15‑space parking lot behind the building, plus street and public parking

67-Room Sleep Inn Hotel

Updated: Aug 28

67-Room Sleep Inn Hotel

220 Caravan Drive, Elkhart, IN 46514

Contact for pricing

67‑room hotel
Three‑story limited‑service configuration
Operating under the Sleep Inn brand
Located at 220 Caravan Drive, Elkhart, IN 46514

See hot listings in Elkhart

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 2 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Marina and Campground

Lakefront Marina and Campground

1150 Chapman Lake Dr, Warsaw, IN 46582

$715,000

4,610 sqft

Seasonal operation includes boating services, convenience retail, food preparation, campsites, repair space, and pier access.

Turnkey Cabin Resort

Turnkey Cabin Resort

57440 M 40, Marcellus, MI 49067

$595,000

Fully furnished resort with five one-bedroom cabins, including an ADA-accessible unit, creek frontage, and reservation system.

Lakefront Marina With Campground

Lakefront Marina With Campground

1150 Chapman Lake Drive, Warsaw, IN 46582

$715,000

1.50 AC lot

Seasonal marina and campground with boat services, convenience retail, food service, repair space, and lake access.

Wooded Cabin Resort

Wooded Cabin Resort

57440 Michigan 40, Marcellus, MI 49067

$595,000

1,674 sqft 9.98 AC lot

Established hospitality property with furnished one-bedroom cabins, creek frontage, and outdoor areas for guests.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Bypass Frontage

Commercial Land with Bypass Frontage

Parkway Avenue lot: 8, Elkhart, IN 46516

$3,175,000

12.75 AC lot

Surveyed commercial land with roads, city water, and city sewer already in place.

Shovel-Ready Commercial Land

Shovel-Ready Commercial Land

Parkway Avenue lot: 10, Elkhart, IN 46516

$570,700

4.39 AC lot

Surveyed commercial land with roads, utilities, city water, and city sewer already in place.

Commercial Land with US 20 Bypass Frontage

Commercial Land with US 20 Bypass Frontage

Parkway Avenue lot: 11, Elkhart, IN 46516

$929,600

6.64 AC lot

Shovel-ready commercial land with city water and city sewer, positioned for development off the US 20 Bypass.

Commercial Land with US 20 Bypass Visibility

Commercial Land with US 20 Bypass Visibility

Parkway Avenue lot: 17, Elkhart, IN 46516

$992,750

3.61 AC lot

Shovel-ready commercial development land zoned B-3 DPUD with city water and city sewer off US 20 Bypass.

Off-Market Properties in Elkhart, IN

Consider similar Off-Market properties in Elkhart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3075 Belvedere Rd

CAMPGROUND, RV PARK

3075 Belvedere Rd, Elkhart, IN 46514-5544

Estimated value:

$375,000

1,824 sqft 5.17 AC lot

345 Windsor Ave

HOTEL/MOTEL

345 Windsor Ave, Elkhart, IN 46514-5520

Estimated value:

$1,370,000

21,060 sqft 1.30 AC lot

3326 Cassopolis St

HOTEL/MOTEL

3326 Cassopolis St, Elkhart, IN 46514-6740

Estimated value:

$1,085,000

33,086 sqft 1.68 AC lot

3254 Cassopolis St

HOTEL/MOTEL

3254 Cassopolis St, Elkhart, IN 46514-6713

Estimated value:

$3,105,000

61,604 sqft 2.69 AC lot

3214 Main St

HOTEL/MOTEL

3214 Main St, Elkhart, IN 46517-2739

Estimated value:

$235,000

4,064 sqft 0.12 AC lot

115 Northpointe Blvd

HOTEL/MOTEL

115 Northpointe Blvd, Elkhart, IN 46514-6718

Estimated value:

$735,000

21,764 sqft 1.01 AC lot

3610 Nappanee St

HOTEL/MOTEL

3610 Nappanee St, Elkhart, IN 46517-1087

Estimated value:

$700,000

41,880 sqft 6.39 AC lot

3321 Plz Ct

HOTEL/MOTEL

3321 Plz Ct, Elkhart, IN 46514-6715

Estimated value:

$990,000

36,554 sqft 1.95 AC lot

3010 Brittany Ct

HOTEL/MOTEL

3010 Brittany Ct, Elkhart, IN 46514-5552

Estimated value:

$1,120,000

58,002 sqft 3.23 AC lot

27838 County Rd 24

HOTEL/MOTEL

27838 County Rd 24, Elkhart, IN 46517-9445

Estimated value:

$745,000

38,655 sqft 3.86 AC lot

220 Caravan Dr

HOTEL/MOTEL

220 Caravan Dr, Elkhart, IN 46514-6768

Estimated value:

$1,025,000

34,818 sqft 2.14 AC lot

2001 Sugar Maple Ln

HOTEL/MOTEL

2001 Sugar Maple Ln, Elkhart, IN 46514-9502

Estimated value:

$330,000

3,450 sqft 46.12 AC lot

2616 Byp Rd

HOTEL/MOTEL

2616 Byp Rd, Elkhart, IN 46514-1516

Estimated value:

$235,000

3,299 sqft 1.06 AC lot

3250 Northview Dr

HOTEL/MOTEL

3250 Northview Dr, Elkhart, IN 46514-6749

Estimated value:

$970,000

35,362 sqft 0.83 AC lot

327 Northpointe Blvd

HOTEL/MOTEL

327 Northpointe Blvd, Elkhart, IN 46514-6764

Estimated value:

$760,000

31,494 sqft 2.01 AC lot

330 Northpointe Blvd

HOTEL/MOTEL

330 Northpointe Blvd, Elkhart, IN 46514-6763

Estimated value:

$1,750,000

30,694 sqft 1.71 AC lot

1501 Locust St

HOTEL/MOTEL

1501 Locust St, Elkhart, IN 46514-2975

Estimated value:

$335,000

4,800 sqft 2.51 AC lot

300 Northpointe Blvd

HOTEL/MOTEL

300 Northpointe Blvd, Elkhart, IN 46514-6763

Estimated value:

$1,880,000

33,792 sqft 2.15 AC lot

220 Jackson Blvd

HOTEL/MOTEL

220 Jackson Blvd, Elkhart, IN 46516-3017

Estimated value:

$225,000

6,168 sqft 0.19 AC lot

500 Main St

HOTEL/MOTEL

500 Main St, Elkhart, IN 46516-3207

Estimated value:

$1,220,000

114,956 sqft 1.37 AC lot

3401 Plz Ct

HOTEL/MOTEL

3401 Plz Ct, Elkhart, IN 46514-6714

Estimated value:

$2,865,000

58,731 sqft 2.64 AC lot

Pleasant Pln

HOTEL/MOTEL

Pleasant Pln, Elkhart, IN 46517

Estimated value:

$310,000

4,388 sqft 19.84 AC lot

Elkhart, IN Hospitality Properties Market Trends and Statistics

Explore 50 hospitality properties for sale in Elkhart, IN on our real estate platform.

Sale prices for hospitality properties in Elkhart, IN average $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 99K

Population Growth (5Y) -0.8%

Median Household Income $57,378

College Educated 17.6%

High-Yield Neighborhoods for Investment

Identify Elkhart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46516	$625K

Taxes & Financing

Tax Rate (average for all types) 2.57%

Property Tax per SF $42.55 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Elkhart County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

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