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Brick Office Units with Finished Interiors
For Sale
$2,000,000

1115 Parkway Avenue, Elkhart, IN 46516

COMMERCIAL - Elkhart, IN

Property Size20,000 SF
Lot Size0.46 Acres
Price / SF$100
Days on Market71

Property Features for 1115 Parkway Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions County Road 17 North to almost US bypass 20 Turn onto Verdant to Parkway
Subdivision Elkhart County
Standard status Active
APN 20-07-07-151-015.000-039
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description To long
Tax Annual Amount 60000
Legal Description To long

Utilities

Cooling system Central Air

Building Details

Year built 2022
Flooring type Concrete, Unfinished
Roof type Shingle
Listing Agency: Berkshire Hathaway HomeServices Elkhart
Listed By: Lori Snyder · License #RB14022203
Added: Jun 7 Changed: Aug 13 Last Checked: Aug 16 at 3:06PM
MLS# 202622100

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.

Brick exterior office units built in 2022 with a “vanilla box” interior foundation and finished bathrooms and kitchenettes. The building includes finished bathrooms, break rooms, and a mechanical room for each unit, with concrete flooring and unfinished interior areas as noted. Central air cooling is in place, and the roof is shingle. Exterior features include brick EFIS with steel soffit and fascia.

The property sits on a 0.46-acre lot directly off CR 17. It is accessed via the US 20 Bypass and ST RD 120, with I-80/90 just minutes from exit 96. City water and city sewer are available, with electric provided by AEP and gas by NIPSCO. Exterior areas and parking lots are completed with signage and landscaping.

Surrounding uses include Goshen Medical, SportsTime Restaurant, Dr. Schneiders, Edward Jones, and multiple professional offices nearby, with shopping directly off the US 20 Bypass.

Key Highlights

  • 2022‑built office units with finished bathrooms, kitchenettes, break rooms, and a mechanical room
  • 20,000 sqft already to go for you
  • 0.46‑acre lot directly off CR 17

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Catering Service Electrical 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

158
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 2022-built office units with finished bathrooms, break rooms, and central air on a 0.46-acre site.
Where is this office units located?
The property is located at 1115 Parkway Avenue Elkhart, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 2022‑built office units with finished bathrooms, kitchenettes, break rooms, and a mechanical room; 20,000 sqft already to go for you; 0.46‑acre lot directly off CR 17
More about this property
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