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    421 S 2Nd St Elkhart, IN 46514

    For Lease
    $3 SF/Yr ($13,000 /Mo)

    Mixed Use - Elkhart, IN

    Type:Mixed Use
    Property size:
    52,000 SF
    Lot size:
    1.01 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 421 S 2Nd St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Kitchen
    APN
    20-06-05-454-013.000-012
    Parking features
    Off Street
    Interior features
    Drywall, Reception Area
    Size
    52,000 SF
    Lot size
    1.01 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1908
    Floors in Building
    6
    Building materials
    Block, Brick
    Roof type
    Rubber
    Architectural style
    Other

    One Realty, LLC (574) 849-5886 [email protected]

    Listing agent Lori Snyder (574) 849-5886 License #RB14022203

    Listing date Aug 14, 2025

    MLS# 202531213 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 Mixed-Use Space Available

    Multiple mixed-use spaces are available for rent, with rates ranging from $500 to $2,500 per month, including all utilities and parking. These affordable spaces are suitable for small businesses and start-up companies seeking a location in the CBD zone of Elkhart, Indiana. A variety of spaces are available, from 300 sq ft individual rooms to 3,500 sq ft multi-room suites. Additionally, there is a 6,200 sq ft two-level warehouse space featuring a loading dock, freight elevator, and office space. Shared workspace is also available for $250 per month or $25 per day, including WiFi and a private meeting room. The property is located in Elkhart County, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bernard Katz Law ... Attorney Pathfinder Communications Corporation Radio Broadcaster Turner Portable Toilets Portable Toilet Supplier TNT Tattoos Tattoo And Piercing Shop HYR Radiance LLC Spa

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.973449
    Latitude
    41.682991

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    FAQs

    What type of property is this?
    Mixed-use property - Multiple spaces available for rent in Elkhart, Indiana.
    Where is this mixed-use property located?
    The property is located at 421 S 2Nd St Elkhart, IN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Multiple spaces available, ranging from 300 sq ft individual rooms to 3,500 sq ft multi-room suites.; - All utilities and parking are included in the rental price.; - Affordable pricing options, ranging from $500 to $2,500 per month.
    (574) 849-5886
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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
    421 S 2Nd St Elkhart, IN 46514
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