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    2930 S Nappanee St Elkhart, IN 46517

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    For Lease
    $5 SF/Yr ($2,561 /Mo)

    Mixed-use commercial building with retail and office spaces available for lease.

    Property size:
    6,147 SF
    Lot size:
    1.99 Acres

    Property Features for 2930 S Nappanee St

    General Information

    Size
    6,147 SF
    Lot size
    1.99 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Ryan Gableman CCIM, SIOR

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

    Overview

    Elkhart Commercial Space For Lease

    This mixed-use commercial building offers spaces for lease, ranging from 1,000 to 8,904 square feet, suitable for retail or office use. The property is located at a busy corner of SR 19 and Mishawaka Road, benefiting from high traffic counts and visibility. The location provides excellent parking with 94 spaces. Existing tenants include Teacher’s Credit Union, Mancino’s Pizza & Grinders, and Allstate Insurance. Recent improvements to the property include a new roof, new electrical service, new lighting, and new A/C units. The building features 3-Phase power and municipal utilities. Zoned B-3 Service Business District, the property is available immediately. CAM is approximately $1.20 per square foot per year.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tom Sorensen: Allstate ... Insurance Agency Geminus Prevention Business Management Consultant USA Drivers Inc Employment Agency Everwise Credit Union Credit Union

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -86.00304
    Latitude
    41.661156

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    FAQs

    What type of property is this?
    Office space - Mixed-use commercial building with retail and office spaces available for lease.
    Where is this office space located?
    The property is located at 2930 S Nappanee St Elkhart, IN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - High traffic and visibility at the corner of SR 19 & Mishawaka Road.; - Ample parking with 94 spaces.; - Variety of space available: **1,000 SF - 8,904 SF suitable for retail or office.**
    (574) 485-1502
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    2930 S Nappanee St Elkhart, IN 46517
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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
    2930 S Nappanee St Elkhart, IN 46517
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