Building Details

Building Size 60,600 SF

Tenancy Multi

Listing Agency: SVN | CREATE Commercial Real Estate Advisors j***@svn.com Show Phone

Listed By: Jack Luster · License ##S66842000 Show Phone

Source: Svn

Added: Jun 17 Changed: Aug 19 Last Checked: Aug 23 at 3:31AM

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Investment Insights

Based on property information with market context.

This multi-unit industrial/flex building totals 60,600 SF and is configured as 15 separate units. It is being offered for sale as an investment property with an industrial-flex arrangement designed to support multiple tenant spaces within one structure.

The property is located at 1310 W Walnut St in the Elkhart area and is described as being zoned L1. The site is positioned to serve evolving industrial and flex space needs, with the existing multi-unit setup providing a practical configuration for occupancy flexibility.

As presented, the offering combines a sizable warehouse/flex footprint with a 15-unit layout under L1 zoning, making it suitable for buyers seeking a multi-space industrial/flex asset.

Key Highlights

• 60,600 SF industrial/flex building with 15 units
• Multi‑unit setup designed for industrial/flex occupancy
• Zoned L1

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Storage Facility

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 50073, IA

1,405

Population

555

Households

2.5

Avg Household Size

36

Median Age

38%

College-Educated

96%

High-School Grad

26.2 sq mi

ZIP Area

54

Density / Sq Mi

$94,712

Median Household Income

$64,803

Median Earnings

$678

Median Rent

$275,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Multi-unit industrial flex building with 15 units and a total building size of 60,600 SF.

Where is this flex space located?

The property is located at 1310 W Walnut St Elkhart, IA.

What are key features of this property?

This property features: 60,600 SF industrial/flex building with 15 units; Multi‑unit setup designed for industrial/flex occupancy; Zoned L1