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    202 E Indiana Ave Elkhart, IN 46516

    For Sale
    $69,900

    Restaurant, Other/Unknown - Elkhart, IN

    Lot size:
    0.02 Acres
    Days on Market:
    299
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 202 E Indiana Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Kitchen, Office
    Bathrooms
    1
    APN
    20-06-09-164-013.000-012
    Interior features
    Drywall, Wood, 110 Volts, 220 Volts, Basement, Display Window(s), Office Space, Reception Area, Ansel System
    Exterior features
    110 Volts, 220 Volts, Basement, Display Window(s), Office Space, Reception Area, Ansel System
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1930
    Floors in Building
    1
    Flooring type
    Laminate, Tile, Tile - Ceramic, Vinyl
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    McKinnies Realty, LLC (574) 271-3440

    Listing agent Conway Hershberger (574) 271-3440 License #RB14035593

    Listing date Feb 10, 2025

    MLS# 202504207 Listing URL

    Copyright © 2025 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.

    Overview

    Elkhart Storefront Carry Out Business

    This storefront property, formerly operated as Lucky's Donuts carryout, is available for sale. The property includes existing equipment and basement access with storage. The total area is 1,790 square feet, including the basement area. The property is zoned B-2 and features a new furnace installed in 2023/2024. The lot size is 0.024 acres. It is located in Elkhart, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9638
    Latitude
    41.674108

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    FAQs

    What type of property is this?
    Storefront property - Storefront carry-out business with basement, equipment, and B-2 zoning.
    Where is this storefront property located?
    The property is located at 202 E Indiana Ave Elkhart, IN.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: - Affordable store front/carry out business opportunity.; - Existing equipment included in sale.; - Zoned B-2 for business use.
    (574) 271-3440
    Request Owner's contact information
    202 E Indiana Ave Elkhart, IN 46516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 E Indiana Ave Elkhart, IN 46516
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