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Elkhart Gas Station Investment Opportunity
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2217 W Franklin St, Elkhart, IN 46516

Newer gas station with multiple income streams and growth potential.

Property Size3,014 SF
Price / SF$729.93
Days on Market155

Property Features for 2217 W Franklin St

General Information

Standard status Active
Size 3,014 SF
Property subtype Retail
Occupancy 100%

Building Details

Year Built 2019
Year Renovated 2026
Buildings 1
Stories 1
Listing Agency: McKinnies Realty
Listed By: Arpita Shah · License #RB20001564
Source: Crexi
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 11 at 3:01PM

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 McKinnies Realty

Investment Insights

Based on property information with market context.

This Philips 66-branded gas station, built in 2022, presents an investment opportunity. Located at 2217 W Franklin St, Elkhart, IN, this well-maintained property offers multiple income streams and potential for growth for an owner-operator or investor. The property includes a fully operational fuel station and a Krispy Krunchy Chicken restaurant inside the convenience store, which provides food traffic and additional revenue. U-Haul services are also offered at the site, creating another income source and attracting customers. The property benefits from a convenient and accessible location in Elkhart with steady local traffic and visibility. The location offers potential for business expansion with its modern construction, diversified revenue streams, and room to grow convenience store sales and food service. The property offers a turn-key fuel station and convenience store with built-in food service and rental income, positioned for continued growth in a strong local market. The property size is 3014 square feet.

Key Highlights

  • Multiple Revenue Streams: Fuel, Krispy Krunchy Chicken, U‑Haul, and convenience store sales offer diversified income.
  • Modern Construction: Built in 2019, featuring modern construction and equipment.
  • High‑Visibility Location: Convenient Elkhart, IN location with steady local traffic.

Property Analytics

Current Use

Phillips 66 Gas Station Krispy Krunchy Chicken Restaurant Amul Express/Patron Pollos ... Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center

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

693
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?
Gas station - Newer gas station with multiple income streams and growth potential.
Where is this gas station located?
The property is located at 2217 W Franklin St Elkhart, IN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Multiple Revenue Streams: Fuel, Krispy Krunchy Chicken, U‑Haul, and convenience store sales offer diversified income.; Modern Construction: Built in 2019, featuring modern construction and equipment.; High‑Visibility Location: Convenient Elkhart, IN location with steady local traffic.
(574) 271-3440 Call to check price and availability
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