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Corner Retail Space
For Sale
$116,195

230 S Main Street, Elkhart, IN 46516

An open sales floor is paired with support areas and a second-floor office suite.

Property Size6,835 SF
Price / SF$17
Days on Market10

Property Features for 230 S Main Street

General Information

Standard status Active
Size 6,835 SF
Property subtype Commercial

Additional Details

Corner Location Yes

Amenities

original pharmacy shelving
restrooms
kitchen
storage area
laundry machines
private office
kitchenette
full bathroom

Building Details

Year Built 1896
Listing Agency: RE/MAX Oak Crest - Elkhart
Listed By: Nick Foy · License #RB17000064
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 2:54PM

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 RE/MAX Oak Crest - Elkhart

Rey
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Investment Insights

Based on property information with market context.

This 6,835-square-foot retail space occupies a corner in downtown Elkhart. The main level has a broad open area and existing pharmacy shelving, along with men’s and women’s restrooms, an accessible restroom, a small kitchen with a refrigerator, storage, and laundry machines. Upstairs, a private office, kitchenette, and full bathroom provide additional space. The shelving can remain or be removed during a remodel.

City Center Park is next door, as is the Civic Center parking lot. The Lerner Theatre is one block north. The property’s downtown setting places it among restaurants, nightlife, businesses, and entertainment venues.

Key Highlights

  • 6,835‑square‑foot retail space at 230 S Main Street
  • Corner location in downtown Elkhart
  • Existing pharmacy shelving can be retained or removed

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chester Law Office Law Firm Raymond James & Associates Financial Advisor Simple Dumpsters General Contractor Legacy Wealth Management ... Financial Advisor Seifert Drug Pharmacy

Suggested Use

Top Pick Plumbing Service HVAC Service Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith

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

1,083
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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open sales floor is paired with support areas and a second-floor office suite.
Where is this retail space located?
The property is located at 230 S Main Street Elkhart, IN.
What is the asking price?
The asking price for this property is $116,195.
What are key features of this property?
This property features: 6,835‑square‑foot retail space at 230 S Main Street; Corner location in downtown Elkhart; Existing pharmacy shelving can be retained or removed
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