Listing Agency: FM Stone Commerical

Listed By: Richard Hobson · License #IN RB14043689

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 9:09AM

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Investment Insights

Based on property information with market context.

This for-sale retail property offers a total of 8,206 SF of commercial space. The asset is presented as a retail building suitable for businesses seeking a dedicated storefront environment.

Located at 123 S. Elkhart Street in Wakarusa, Indiana, the property’s access will be through its street frontage on S. Elkhart Street.

Key Highlights

• Retail property for sale totaling 8,206 SF

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136

Businesses Nearby

Explore this area Business Placement

Demographics for 46573, IN

3,835

Population

1,400

Households

2.7

Avg Household Size

37

Median Age

26%

College-Educated

85%

High-School Grad

34.5 sq mi

ZIP Area

111

Density / Sq Mi

$79,375

Median Household Income

$50,574

Median Earnings

$1,054

Median Rent

$219,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property totaling 8,206 SF available for sale.

Where is this retail space located?

The property is located at 123 S Elkhart Street Wakarusa, IN.

What are key features of this property?

This property features: Retail property for sale totaling 8,206 SF