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Six-Building Mixed-Use Campus
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2301 S Nappanee Street, Elkhart, IN 46517

Commercial campus combines climate-controlled showroom space, offices, warehouses, service facilities, and storage units.

Property Size117,008 SF
Lot Size16.69 Acres
Price / SF$76.06
Days on Market14

Property Features for 2301 S Nappanee Street

General Information

Standard status Active
Size 117,008 SF
Class B
Total Parking Spaces 345
Lot size 16.69 Acres
Property subtype Mixed Use, Retail, Industrial, Self Storage
Zoning C-1
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $679,917

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Office Build-Out 5,184 SF

Building Details

Year Built 1983
Year Renovated 2018
Buildings 6
Units 88
Tenancy Multi
Listing Agency: Ellsbury Group
Listed By: Jeremy Slowinski · License #RB16000601
Source: Crexi
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 30 at 7:14AM

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 Ellsbury Group

Investment Insights

Based on property information with market context.

This six-building mixed-use campus contains 117,008 square feet across 16.69 contiguous acres. The property includes a 40,200-square-foot climate-controlled showroom mall configured in five bays, along with a 48' × 108' office component and highway-facing pylon signage. Additional improvements include a 12,596-square-foot office and warehouse building, a 25,720-square-foot structure with fourteen bays, a separate 8,880-square-foot service building, and three storage buildings completed from 2016 through 2018.

The site fronts State Road 19 and includes a separately addressed office and warehouse facility opening toward Markle Avenue. Utilities extend to every parcel, while paved areas cover 7.92 acres. Storage improvements total 18,334 square feet across 56 units. The property is designated C-1 and was built in 1983.

Key Highlights

  • 117,008 SF mixed‑use campus on 16.69 contiguous acres
  • 40,200 SF climate‑controlled showroom mall with five bays
  • 25,720 SF building configured with fourteen bays

Property Analytics

Current Use

Sergio's Cafe Restaurant ChristheRVBroker Shopping Center & Mall Be Brave Boutique Clothing Store Bargain Hunters Paradise Food Market Hart City Super ... Shopping Center & Mall

Suggested Use

Top Pick HVAC Service Law Firm Garden Center Spa & Massage Center Nail Salon Grocery & Convenience Store

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 46517, IN

24,006
Population
9,915
Households
2.4
Avg Household Size
36
Median Age
15%
College-Educated
81%
High-School Grad
36.9 sq mi
ZIP Area
651
Density / Sq Mi
$53,263
Median Household Income
$34,649
Median Earnings
$942
Median Rent
$168,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial campus combines climate-controlled showroom space, offices, warehouses, service facilities, and storage units.
Where is this mixed-use property located?
The property is located at 2301 S Nappanee Street Elkhart, IN.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: 117,008 SF mixed‑use campus on 16.69 contiguous acres; 40,200 SF climate‑controlled showroom mall with five bays; 25,720 SF building configured with fourteen bays
(260) 615-9248 Call to check price and availability
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