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Retail Space with Full Basement
For Sale
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202 E Indiana Avenue, Elkhart, IN 46516

Configured for restaurant use with substantial kitchen space and full-basement storage.

Property SizeContact for details
Days on Market49

Property Features for 202 E Indiana Avenue

General Information

Standard status Active
Listing Agency: Premier Properties of Michiana Inc.
Listed By: Christopher Warter
Source: Midwestrealestategroup
Added: Jul 14 Changed: Aug 30 Last Checked: Aug 30 at 5:34PM

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 Premier Properties of Michiana Inc.

Investment Insights

Based on property information with market context.

This retail space at 202 E Indiana Avenue includes a substantial kitchen area and a full basement for storage. The existing configuration supports a small restaurant format, with potential for walk-in and carryout operations.

Positioned across from the Roosevelt Center, the property is suited to a business seeking customer-facing retail space in Elkhart. The prior use as a donut shop provides an established food-service context, while the owner’s contracting background may support remodeling work tailored to a new occupant’s requirements.

Key Highlights

  • Full basement provides dedicated storage space
  • Substantial kitchen area supports restaurant use
  • Configured for walk‑in and carryout business

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Furniture & Home Goods

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

344
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

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 - Configured for restaurant use with substantial kitchen space and full-basement storage.
Where is this retail space located?
The property is located at 202 E Indiana Avenue Elkhart, IN.
What are key features of this property?
This property features: Full basement provides dedicated storage space; Substantial kitchen area supports restaurant use; Configured for walk‑in and carryout business
More about this property
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