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Mixed-Use Property with Vanilla-Box Interiors
For Sale
$2,000,000

1115 Parkway Avenue Unit 100300, Elkhart, IN 46516

Recently built commercial space with finished bathrooms, kitchenettes, break rooms, and completed parking improvements.

Property Size20,038 SF
Price / SF$99.81
Days on Market129

Property Features for 1115 Parkway Avenue Unit 100300

General Information

Standard status Active
Size 20,038 SF
Property subtype Commercial / Mixed Use

Property Condition

Severity Repairs Needed
Evidence Vanilla Box interior

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $60,000

Amenities

break rooms
signage
landscaping
Central Air
1
No
Concrete, Unfinished
Forced Air
Slab
Yes
Stone, Stucco, Masonry
Shingle

Building Details

Year Built 2022
Buildings 1
Construction brick
Listing Agency: Berkshire Hathaway HomeServices Elkhart
Listed By: Lori Snyder · License #RB14022203
Source: Compass
Added: Apr 26 Changed: Aug 31 Last Checked: Aug 31 at 9:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Elkhart

Investment Insights

Based on property information with market context.

This 20,038-square-foot mixed-use property was built in 2022 and offers vanilla-box interiors with finished bathrooms and kitchenettes throughout the units. Each unit includes a break room and mechanical room, while the building features central air, forced-air heating, concrete construction, and slab foundations. The exterior combines brick, brick EIFS, steel soffit and fascia, and masonry details.

The property has completed exterior improvements, including parking lots, signage, and landscaping. Utilities include city water and city sewer, with electric service from AEP and natural gas from NIPSCO. Access is provided directly from CR 17, with connections to the US 20 Bypass, State Road 120, and I-80/90, including proximity to exit 96.

Nearby commercial uses include Goshen Medical, SportsTime Restaurant, Edward Jones, title companies, attorneys, a real estate office, a mortgage company, and shopping along the US 20 Bypass.

Key Highlights

  • 20,038 SF mixed‑use property built in 2022
  • Vanilla‑box interiors with finished bathrooms and kitchenettes
  • Every unit includes a finished break room and mechanical room

Property Analytics

Current Use

Office buildings

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

234
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently built commercial space with finished bathrooms, kitchenettes, break rooms, and completed parking improvements.
Where is this mixed-use property located?
The property is located at 1115 Parkway Avenue Unit 100300 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: 20,038 SF mixed‑use property built in 2022; Vanilla‑box interiors with finished bathrooms and kitchenettes; Every unit includes a finished break room and mechanical room
More about this property
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