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Two-Story Brick Office Building
For Sale
$1,100,000

700 E Beardsley Avenue, Elkhart, IN 46516

COMMERCIAL, Elkhart, IN

Property Size30,000 SF
Lot Size2.08 Acres
Price / SF$36.67
Days on Market48

Property Features for 700 E Beardsley Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Intensive Commercial
Parking features Off Street
Lot features City, Commercial, Near Walking Trail
Directions Northwest Quadrant of Johnson Street Bridge at Beardsley Ave
Subdivision Elkhart County
Standard status Active
APN 20-06-05-229-222.000-012
Lot size 2.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description N1/2 E1/2 NE1/4 N OF BEARDSLEY AVE SEC 5 2.081A (TIF 155)
Tax Annual Amount 30302
Legal Description N1/2 E1/2 NE1/4 N OF BEARDSLEY AVE SEC 5 2.081A (TIF 155)

Utilities

Cooling system Central Air, Multi Units
Water front features Creek
Water front 1

Amenities

flexible movable wall-panel system
building signage
mature landscaping

Building Details

Year built 1974
Flooring type Stone, Tile - Ceramic, Carpet, Tile
Roof type Flat, Rubber
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Robert Thatcher · License #RB14026300
Added: Aug 10 Changed: Sep 13 Last Checked: Sep 26 at 12:06AM
MLS# 202633113

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.

The Riverside 700 Building is a 30,000-square-foot, two-story brick office property constructed in 1974 on 2.08 acres. Interior office areas use movable wall panels across much of the building, allowing suites to be reconfigured. The facility includes a passenger elevator, ramps, building signage, mature landscaping, and an asphalt parking field. Flooring includes carpet, ceramic tile, tile, and stone, while cooling is provided by central air and multiple units.

The property is located at 700 E Beardsley Avenue in Elkhart, Indiana, with B-2 Commercial zoning. It has direct frontage on Christianna Creek and connects with walking trails within High Dive Park. The site is positioned near the St. Joseph River at the Johnson Street Dam, with access toward the River District and Elkhart CBD. Montessori School and Wellfield Botanical Gardens are within walking distance. The property is designated as an Opportunity Zone and has an ADT of 14,749 on the surrounding arterial road.

Key Highlights

  • 30,000 SF two‑story brick office building on 2.08 acres
  • B‑2 Commercial zoning with Opportunity Zone designation
  • Direct frontage on Christianna Creek and trails within High Dive Park

Property Analytics

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Current Use

Debra D. Bender, ... Physician Jill Huffman, PTA Physician Richard C Noser ... Law Firm First Steps of North ... Social Service Agency Muscle Therapy Center Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

785
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Movable wall panels support flexible reconfiguration of office suites.
Where is this office building located?
The property is located at 700 E Beardsley Avenue Elkhart, IN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 30,000 SF two‑story brick office building on 2.08 acres; B‑2 Commercial zoning with Opportunity Zone designation; Direct frontage on Christianna Creek and trails within High Dive Park
More about this property
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