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    208 Elkhart St Wakarusa, IN 46573

    Sponsored
    For Sale
    $250,000

    1.84 Acres, Ample Warehouse Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property in Wakarusa, Indiana, presents a significant opportunity for businesses seeking substantial warehouse space. Situated on a generous 1.84-acre lot, the property boasts over 16,000 square feet of warehouse area, offering ample room for storage, manufacturing, or distribution. The layout includes a large rear pole structure measuring 48 feet by 103 feet (4,944 square feet), featuring clear span trusses for maximum flexibility and efficient use of space. This structure is complemented by a front building constructed of block with steel trusses, providing additional storage or office space. Convenient access is ensured by multiple overhead doors strategically located throughout the property, facilitating easy loading and unloading of goods. A dedicated loading dock with an overhead door further enhances operational efficiency. The property's substantial size and versatile layout make it ideal for a wide range of commercial applications, offering significant potential for growth and expansion. The asking price is $250,000. This is a rare opportunity to acquire a large, well-equipped warehouse in a desirable location. Don't miss out on this chance to secure a valuable asset for your business.

    Property Features for 208 Elkhart St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    80,150 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    A-1 Bail Bond ... Bail Bonds Service

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wakarusa
    County
    Elkhart
    State
    Indiana
    Longitude
    -86.02021
    Latitude
    41.53837

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    FAQs

    What type of property is this?
    Commercial real estate - 1.84 Acres, Ample Warehouse Space
    Where is this commercial real estate located?
    The property is located at 208 Elkhart St Wakarusa, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    (574) 333-3972
    Request Owner's contact information
    208 Elkhart St Wakarusa, IN 46573
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    Wakarusa, IN 46573
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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
    208 Elkhart St Wakarusa, IN 46573
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