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    529 S 2Nd St Elkhart, IN 46516

    For Sale
    $650,000

    Bed & Breakfast, Special Purpose - Elkhart, IN

    Lot size:
    0.13 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 529 S 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    6
    APN
    20-06-05-457-014.000-012
    Parking
    16
    Interior features
    Other, Handicap Access, Living Space, Alley, Basement, Drapes
    Exterior features
    Handicap Access, Living Space, Alley, Basement, Drapes
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1902
    Floors in Building
    2
    Flooring type
    Concrete, Tile, Tile - Ceramic, Wood
    Building materials
    Brick
    Roof type
    Other, Tile
    Architectural style
    Other

    RE/MAX 100 (574) 622-0136 [email protected]

    Listing agent Carrie Smith (574) 622-0136 License #RB18001323

    Listing date Nov 3, 2025

    MLS# 202529856 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

    Winchester Mansion: Event Center Potential

    This property, known as the Winchester Mansion, presents opportunities as an event center, office space, or bed and breakfast. The building has undergone significant renovations, including roof repair, remodeling, and updates to the heating, cooling, electrical, and plumbing systems. It features ADA-compliant access and restrooms. The property includes 15 on-site parking spaces. It currently generates an average annual revenue of $50,000. The property is located in Elkhart, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Winchester Mansion Event Venue

    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.

    Similar Places Nearby

    Stacy Becker's, Domain of The Wicked

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.972698
    Latitude
    41.681773

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    FAQs

    What type of property is this?
    Bed & breakfast - Stunning property with income potential as event center or B&B.
    Where is this bed & breakfast located?
    The property is located at 529 S 2Nd St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Proven Income Potential: Currently generating $50k annual revenue.; - Turnkey Condition: Recent renovations include roof, HVAC, electric, and plumbing.; - Versatile Usage: Suitable for event center, office spaces, or bed & breakfast.
    (574) 622-0136
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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
    529 S 2Nd St Elkhart, IN 46516
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