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Mixed-Use Building with Apartment
For Sale
$150,000

1165 Edwardsburg Avenue, Elkhart, IN 46514

Commercial zoning permits residential use alongside ground-floor retail, office, and storage space.

Property SizeContact for details
Days on Market9

Property Features for 1165 Edwardsburg Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial allowing residential use.

Property Condition

Severity Repairs Needed
Evidence needs mainly non-mechanical finishing touches

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Mixed-Use Components retail, residential

Building Details

Year Built 1910
Buildings 1
Stories 2
Listing Agency: RE/MAX Results The Viruez Team
Listed By: Franz Gonzalez · License #RB21002094
Source: Castleonerealty
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 26 at 3:49AM

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 RE/MAX Results The Viruez Team

Rey
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Investment Insights

Based on property information with market context.

This 1910 mixed-use property spans two parcels and combines ground-floor retail space with office and storage areas. A two-bedroom, one-bath apartment occupies the upper floor, with a kitchen, dining room, living room, and additional storage. Basement walls have foam-spray insulation, and the property requires primarily non-mechanical finishing work. Commercial zoning allows residential use.

The property is on Edwardsburg Avenue in Elkhart, a few minutes from the downtown corridor.

Key Highlights

  • Two parcels with commercial zoning that allows residential use
  • Ground‑floor retail space plus office and storage areas
  • Upper‑level apartment has 2 bedrooms, 1 bath, kitchen, dining room, living room, and additional storage

Property Analytics

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Current Use

Michiana Education and Arts ... Hotel & Motel US 20 Center ... Hotel & Motel Keaton's Apple Screen ... Computer & Electronic Repair Kee’s Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store 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

1
Residential units

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 46514, IN

42,048
Population
17,987
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
38.7 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,784
Median Household Income
$40,909
Median Earnings
$1,084
Median Rent
$170,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning permits residential use alongside ground-floor retail, office, and storage space.
Where is this mixed-use property located?
The property is located at 1165 Edwardsburg Avenue Elkhart, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two parcels with commercial zoning that allows residential use; Ground‑floor retail space plus office and storage areas; Upper‑level apartment has 2 bedrooms, 1 bath, kitchen, dining room, living room, and additional storage
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