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Niche Retail Business and Real Estate
For Sale
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1333 S Nappanee St, Elkhart, IN 46516

For sale retail business and real estate with strong annual sales, excellent signage, and a staff of four staying on.

Property Size11,172 SF
Price / SF$107.41
Days on Market439

Property Features for 1333 S Nappanee St

General Information

Standard status Active
Size 11,172 SF
Property subtype RETAIL
Listing Agency: NAI Cressy Commercial Real Estate - Corporate
Listed By: Shawn Todd · License #RB14043602
Source: Moodyscre
Added: Jul 1, 2025 Changed: Sep 4 Last Checked: Sep 11 at 12:50PM

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 NAI Cressy Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

This is a combined business and real estate offering for a niche retail operation, presented as part of an owner retirement. The property totals 11,172 square feet and comes with a team of four employees who are expected to stay on. Remarks indicate annual sales exceeding $500,000 and six-figure net annual income, along with strong on-premise merchandising supported by excellent signage.

Located on a busy retail corridor on S Nappanee St in Elkhart, Indiana, the offering is positioned to benefit from the traffic associated with the retail corridor (traffic count referenced in the remarks). The seller notes there is no competition in the local market and that there is an opportunity to grow through online sales. Additional information is available with an NDA.

Key Highlights

  • For sale: retail business and associated real estate.
  • Staff of 4 employees will stay on with the business.
  • Over $500,000 in annual sales reported.

Property Analytics

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Current Use

Big & Tall Outlet Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Skin Care Clinic

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

433
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - For sale retail business and real estate with strong annual sales, excellent signage, and a staff of four staying on.
Where is this retail space located?
The property is located at 1333 S Nappanee St Elkhart, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: For sale: retail business and associated real estate.; Staff of 4 employees will stay on with the business.; Over $500,000 in annual sales reported.
(574) 485-1520 Call to check price and availability
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