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    421-423 S 2Nd St Elkhart, IN 46516

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    For Lease
    $3 SF/Yr ($7,758 /Mo)

    Varied spaces for rent in Elkhart, utilities included.

    Property size:
    31,035 SF
    Lot size:
    1.74 Acres

    Property Features for 421-423 S 2Nd St

    General Information

    Size
    31,035 SF
    Lot size
    1.74 Acres

    Source: Berkshire Hathaway HomeServices Northern Indiana Real Estate Agent Lori Snyder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Spaces in Elkhart CBD

    Multiple spaces are available for rent, catering to diverse needs. These range from individual rooms of 300 square feet to multi-room suites spanning up to 3,500 square feet. A 6,200 square foot two-level warehouse space is also available, featuring a loading dock, freight elevator, and office space. The property also offers a shared workspace for $250 per month or $25 per day, which includes WiFi and a private meeting room. The property is located in the CBD zone of Elkhart, Indiana. Rental rates range from $500 to $2,500 per month, inclusive of all utilities and parking. The property is suitable for small businesses and start-up companies. Spaces are available for immediate move-in, while others allow for customization.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.97346
    Latitude
    41.68299

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    FAQs

    What type of property is this?
    Office space - Varied spaces for rent in Elkhart, utilities included.
    Where is this office space located?
    The property is located at 421-423 S 2Nd St Elkhart, IN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Flexible space options: Ranges from individual rooms to multi-room suites and a large warehouse.; - All utilities and parking included: Simplifies budgeting.; - Multiple pricing options: Rent ranges from $500 to $2,500 a month.
    (574) 849-5886
    Request Owner's contact information
    421-423 S 2Nd St Elkhart, IN 46516
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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
    421-423 S 2Nd St Elkhart, IN 46516
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