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Office Units with Finished Restrooms
For Sale
$2,000,000

1115 Parkway Avenue, Elkhart, IN 46516

COMMERCIAL, Elkhart, IN

Property Size20,000 SF
Lot Size0.46 Acres
Price / SF$100
Days on Market83

Property Features for 1115 Parkway Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions County Road 17 North to almost US bypass 20 Turn onto Verdant to Parkway
Subdivision Elkhart County
Standard status Active
APN 20-07-07-151-015.000-039
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description To long
Tax Annual Amount 60000
Legal Description To long

Utilities

Cooling system Central Air

Building Details

Year built 2022
Flooring type Concrete, Unfinished
Roof type Shingle
Listing Agency: Berkshire Hathaway HomeServices Elkhart
Listed By: Lori Snyder · License #RB14022203
Added: Jun 7 Changed: Aug 27 Last Checked: Aug 28 at 10:06AM
MLS# 202622100

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 20,000 sqft office property was built in 2022 and offers vanilla-box interiors supported by completed bathrooms, kitchenettes, break rooms, and mechanical rooms in each unit. The building has brick and brick EFIS exterior detailing, steel soffit and fascia, central air, shingle roofing, and unfinished and concrete flooring. City water, city sewer, AEP electric service, and NIPSCO gas are in place.

Exterior work includes completed parking lots, signage, and landscaping. The property sits on 0.46 acres with direct access from CR 17 and connectivity to the US 20 Bypass, ST RD 120, and I 80/90, including nearby access at exit 96. Surrounding businesses include Goshen Medical, SportsTime Restaurant, Dr. Schneiders, Edward Jones, title companies, attorneys, a real estate office, a mortgage company, and shopping.

Key Highlights

  • 20,000 sqft office property built in 2022
  • 0.46‑acre site with completed parking lots, signage, and landscaping
  • Every unit includes finished bathrooms, break rooms, and a mechanical room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Catering Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 46516, IN

33,670
Population
14,137
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
17.5 sq mi
ZIP Area
1,924
Density / Sq Mi
$54,934
Median Household Income
$39,189
Median Earnings
$986
Median Rent
$150,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-unit office property with completed restrooms, kitchenettes, break rooms, mechanical rooms, and finished exterior improvements.
Where is this office units located?
The property is located at 1115 Parkway Avenue Elkhart, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 20,000 sqft office property built in 2022; 0.46‑acre site with completed parking lots, signage, and landscaping; Every unit includes finished bathrooms, break rooms, and a mechanical room
More about this property
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