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    1723 Bristol St Elkhart, IN 46514

    For Sale
    $249,900

    Renovated Medical Office Building, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This meticulously renovated medical office building, completed in 2022, presents a unique investment opportunity in Elkhart, Indiana. Situated on the high-traffic Bristol Street corridor, this 2,200 square foot property boasts a modern and functional design ideal for a variety of medical practices. The main level features a welcoming reception area, six to eight adaptable treatment rooms, and two restrooms, ensuring both patient comfort and operational efficiency. Dedicated office spaces provide ample room for administrative tasks and consultations. The lower level offers additional versatility with three private offices, a well-equipped staff lounge complete with kitchen and laundry facilities, and substantial storage space enhanced by built-in shelving. The property also includes a significant advantage with 15 designated parking spaces, catering to both staff and patients. Accessibility is ensured through ADA-compliant features throughout the building. Further enhancing its appeal, the building has undergone INDOT-approved drug screening and showcases attractive landscaping. The seller is open to both sale and lease options, with a preferred lease term of three to five years. This property represents a compelling opportunity for medical professionals seeking a turnkey solution in a vibrant and accessible location. The 0.35-acre lot provides ample space and visibility.

    Property Features for 1723 Bristol St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anthony Cole, DPM Doctor Jeffrey Hassel Eifler Podiatrist Randall Cooper Podiatrist

    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
    -85.95165
    Latitude
    41.70232

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    FAQs

    What type of property is this?
    Commercial real estate - Renovated Medical Office Building, Prime Location
    Where is this commercial real estate located?
    The property is located at 1723 Bristol St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $249,900.
    (574) 533-9581
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    1723 Bristol St Elkhart, IN 46514
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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
    1723 Bristol St Elkhart, IN 46514
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