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Mixed-Use Property with Storefront
For Sale
$140,000

1007 S Main Street, Elkhart, IN 46516

COMMERCIAL, Elkhart, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market57

Property Features for 1007 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CBD
Rooms Basement
Parking features Off Street
Directions From downtown Elkhart, head south on Main Street. Property on the right.
Subdivision Elkhart County
Standard status Active
APN 20-06-08-234-018.000-012
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 51X122ft In Sec 8 .15 (Tif 75)
Tax Annual Amount 3571
Legal Description 51X122ft In Sec 8 .15 (Tif 75)

Building Details

Year built 1910
Flooring type Mixed
Roof type Metal, Shingle
Listing Agency: McKinnies Realty, LLC Elkhart
Listed By: Perla Vilchez · License #RB24000468
Added: Jul 17 Changed: Sep 3 Last Checked: Sep 11 at 8:06PM
MLS# 202628921

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.

This mixed-use property combines a main-level commercial storefront with two rental units positioned toward the rear. The storefront is identified for restaurant, retail, or office use, while each rear unit has its own utility meter. A basement is also included.

Located at 1007 S Main Street in Elkhart, the property occupies 0.14 acres and provides off-street parking. Built in 1910, the building has mixed flooring and a roof comprising shingle and metal sections. The property requires TLC and is being offered in its existing condition.

Key Highlights

  • Main‑level commercial storefront with restaurant, retail, or office use identified
  • Two separate rear rental units, each with its own meter
  • 0.14 acres with off‑street parking

Property Analytics

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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.

Lease Details

2
Residential units
Yes
Utilities to site

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level commercial space is paired with two separately metered rear rental units.
Where is this mixed-use property located?
The property is located at 1007 S Main Street 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: Main‑level commercial storefront with restaurant, retail, or office use identified; Two separate rear rental units, each with its own meter; 0.14 acres with off‑street parking
More about this property
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