Search
Mixed-Use Downtown Retail and Office
For Sale
Contact for pricing
Pending

522-524 S Main Street, Elkhart, IN 46516

Two street-level retail/office suites and an upper apartment are currently leased, providing established monthly income.

Property Size5,485 SF
Days on Market21

Property Features for 522-524 S Main Street

General Information

Standard status Pending
Size 5,485 SF
Property subtype Retail
Occupancy 100%

Additional Details

Multifamily Units 1

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Northern Indiana Real Estate
Listed By: Jim Carpenter · License #IN RB14042735
Source: Crexi
Added: Jul 21 Changed: Aug 8 Last Checked: Aug 9 at 3:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Northern Indiana Real Estate

Investment Insights

Based on property information with market context.

This multi-use building includes two main street-level suites and an upper-level apartment/flat. The street-level suite at 522 S. Main Street offers approximately 2,000 SF of retail/office space with hardwood flooring in the front area and is leased for monthly income. The suite at 524 S. Main Street includes approximately 1,700 SF of showroom/retail space that is currently leased for monthly income. The upper level apartment/flat totals approximately 1,785 SF and has been leased as well.

The property is located at 522–524 S. Main Street in downtown Elkhart. Public remarks note that the building is in a revitalized downtown setting.

Spaces are described as exceptionally clean and updated, supporting a turnkey presentation for tenants and operators.

Key Highlights

  • Multi‑use building with 3 leased spaces generating $2,475/month total monthly income
  • Upper level 1,785 SF apartment/flat leased for $975/month
  • 522 S. Main Street: 2,000 SF street‑level retail/office suite with hardwood flooring leased at $750/month for 2 years

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing 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.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
Under-served
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Two street-level retail/office suites and an upper apartment are currently leased, providing established monthly income.
Where is this storefront property located?
The property is located at 522-524 S Main Street Elkhart, IN.
What are key features of this property?
This property features: Multi‑use building with 3 leased spaces generating $2,475/month total monthly income; Upper level 1,785 SF apartment/flat leased for $975/month; 522 S. Main Street: 2,000 SF street‑level retail/office suite with hardwood flooring leased at $750/month for 2 years
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message