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    107 Northpointe Blvd Elkhart, IN 46514

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    For Sale
    $1,500,000

    Perkins restaurant franchise with real estate for sale in Elkhart.

    Property size:
    5,264 SF
    Lot size:
    0.90 Acres

    Property Features for 107 Northpointe Blvd

    General Information

    Size
    5,264 SF
    Lot size
    0.90 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Shawn Todd

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

    Overview

    Elkhart Perkins Restaurant with Real Estate

    This offering includes a Perkins Restaurant franchise business for sale, along with the real estate located in Elkhart. The business sale encompasses the franchise, goodwill, furnishings, fixtures, and equipment. Gross revenue exceeds $1.1 million. The location is situated in the highest density hotel area in Elkhart, offering a premium location on Cassopolis St/SR 19, immediately off the I80/90 exit. Local management is willing to remain after the business transfer. The property size is 5,264 square feet. Note that the South Bend location must be purchased together with this Elkhart location, with a total asking price for both properties of $1,895,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    Elkhart Breakfast Optimist ... Club Perkins Restaurant & Bakery American Restaurant MrBeast Burger Hamburger Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Callahan's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.975349
    Latitude
    41.7343

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    FAQs

    What type of property is this?
    Restaurant - Perkins restaurant franchise with real estate for sale in Elkhart.
    Where is this restaurant located?
    The property is located at 107 Northpointe Blvd Elkhart, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Premium location immediately off I80/90 exit in Elkhart.; - Elkhart location includes real estate in the sale.; - Gross revenue over $1.1 million.
    (574) 485-1520
    Request Owner's contact information
    107 Northpointe Blvd Elkhart, IN 46514
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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
    107 Northpointe Blvd Elkhart, IN 46514
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