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    929 Michigan St Elkhart, IN 46514

    Sponsored
    For Sale
    $439,900

    Massive industrial space, rail access, 5.5 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This expansive Elkhart, Indiana industrial property presents a significant investment opportunity. Encompassing approximately 5.5 acres, the site features two substantial buildings totaling roughly 115,000 square feet of space. The buildings boast impressive 40+ foot high ceilings, ideal for various manufacturing or warehousing applications, and are further enhanced by the inclusion of overhead cranes, streamlining material handling. Convenient rail access adds another layer of logistical advantage to this already impressive offering. Each building includes dedicated office space, providing ample room for administrative functions. While the property has been vacant for a period, and thus requires some attention and refurbishment, the sheer scale and potential are undeniable. A large, fenced-in area and a paved lot provide ample outdoor space for storage, maneuvering, or expansion. The 3.5-acre lot offers significant flexibility for future development or repurposing. This property is primed for a creative entrepreneur or investor seeking a substantial industrial space with excellent infrastructure and significant upside potential. The location in Elkhart, Indiana offers access to a robust transportation network and a skilled workforce. This is a rare opportunity to acquire a large-scale industrial property with considerable potential for a variety of uses.

    Property Features for 929 Michigan St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    152,460 SF

    Building Details

    Year Built
    1898
    Property Profile Location Intelligence

    Current Use by Public Records

    Elkhart Industrial Fabricating Metal Fabricator Metal Partners LLC Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.98632
    Latitude
    41.69476

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    FAQs

    What type of property is this?
    Commercial real estate - Massive industrial space, rail access, 5.5 acres.
    Where is this commercial real estate located?
    The property is located at 929 Michigan St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $439,900.
    (574) 395-7653
    Request Owner's contact information
    929 Michigan St Elkhart, IN 46514
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    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
    929 Michigan St Elkhart, IN 46514
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