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Mixed-Use Property with Rental Units
For Sale
$140,000

1007 S Main St, Elkhart, IN 46516

Main-level storefront is paired with two separately metered rear rental units.

Property Size2,151 SF
Price / SF$65.09
Days on Market25

Property Features for 1007 S Main St

General Information

Standard status Active
Size 2,151 SF

Building Details

Year Built 1910
Listing Agency: McKinnies Realty, LLC Elkhart
Listed By: Perla Vilchez · License #RB24000468
Source: Kmsrealestategroup
Added: Aug 7 Changed: Aug 28 Last Checked: Aug 30 at 8:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McKinnies Realty, LLC Elkhart

Investment Insights

Based on property information with market context.

Built in 1910, this 2,151-square-foot mixed-use property combines a commercial storefront on the main level with two distinct rental units positioned behind it. The storefront may accommodate restaurant, retail, or office use, while each rear unit has an independent meter. The building is offered in as-is, where-is condition and requires TLC, providing a property with both commercial and rental components for an investor or owner-user to evaluate.

The property is located at 1007 S Main St in Elkhart, Indiana. Its configuration brings storefront exposure and separate rear rental space together within one building, creating a straightforward mixed-use layout. Buyers should assess the existing condition, intended use, and improvements needed as part of their evaluation.

Key Highlights

  • 2,151 SF mixed‑use property built in 1910
  • Main‑level commercial storefront
  • Two separate rental units at the rear

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Plumbing Service Computer & Electronic Repair HVAC 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.

Location Intelligence

Trade Area within ½ mile

843
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level storefront is paired with two separately metered rear rental units.
Where is this mixed-use property located?
The property is located at 1007 S Main St Elkhart, IN.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 2,151 SF mixed‑use property built in 1910; Main‑level commercial storefront; Two separate rental units at the rear
More about this property
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