Apartment Building with Storefront
For Sale
$795,000
121 & 123 S Main Street, Elkhart, IN 46516
COMMERCIAL - Elkhart, IN
Property SizeContact for details
Lot Size0.18 Acres
Days on Market148
Property Features for 121 & 123 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Lot features
City
Directions
Main Street In Elkhart
Subdivision
Elkhart County
Standard status
Active
APN
20-06-05-406-026.000-012
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
121 ORIG N 24FT OF S 48FT LOT 14 & V 1 1/4 FT R W 123 ORIG S 24FT LOT 14 & VC 1 1/4 FT R W
Tax Annual Amount
19819
Legal Description
121 ORIG N 24FT OF S 48FT LOT 14 & V 1 1/4 FT R W 123 ORIG S 24FT LOT 14 & VC 1 1/4 FT R W
Utilities
Cooling system
Multi Units
Building Details
Year built
1888
Flooring type
Mixed, Carpet
Roof type
Flat
Listing Agency:
Myers Trust Real Estate
(574) 875-5149
Listed By:
Andrew Myers · License #RB14031728
(574) 320-1214
Added: Mar 23
Changed: Aug 4
Last Checked: Aug 17 at 4:06AM
MLS# 202609807
Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use apartment building includes two storefront spaces on the first floor with apartments above, for a total of six apartments. The main floor has been separated into two units and features two lofts and a balcony. The first-floor space includes retail windows and high ceilings and can be used as office or retail.
Built in 1888, the property has a flat roof and a new roof installed in 2024. Cooling is listed as “multi units,” and flooring includes carpet and mixed materials. On-street parking is available, and multiple public parking lots are located within walking distance.
The combination of storefront-ready frontage and apartment income can appeal to an operator seeking live-work versatility in a single building.
Built in 1888, the property has a flat roof and a new roof installed in 2024. Cooling is listed as “multi units,” and flooring includes carpet and mixed materials. On-street parking is available, and multiple public parking lots are located within walking distance.
The combination of storefront-ready frontage and apartment income can appeal to an operator seeking live-work versatility in a single building.
Key Highlights
- 6 apartments above two storefront spaces
- Main floor split into 2 units with 2 lofts and a balcony
- Retail windows and high ceilings support office or retail use
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use building with apartments above two Main St storefront spaces plus lofts, balcony, and a new 2024 roof.
Where is this apartment building located?
The property is located at 121 & 123 S Main Street Elkhart, IN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 6 apartments above two storefront spaces; Main floor split into 2 units with 2 lofts and a balcony; Retail windows and high ceilings support office or retail use
