2515 Old US 20, Elkhart, IN 46516

Listing Agency: Endeavour Commercial

Listed By: Richard Hobson · License #RB14043689 Show Phone

Source: Crexi

Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 3:55PM

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Investment Insights

Based on property information with market context.

This strip mall is located on Old US 20 in Elkhart, just west of CR 17. Retreat Apartments is situated behind the center, with Elkhart Industrial Park nearby.

Key Highlights

• On Old US 20, just west of CR 17
• Retreat Apartments is located behind the center
• Elkhart Industrial Park is nearby

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Big Box & Wholesale Store Pharmacy

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

384

Businesses Nearby

Explore this area Business Placement

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?

Strip mall - The retail property is positioned near Retreat Apartments and Elkhart Industrial Park.

Where is this strip mall located?

The property is located at 2515 Old US 20 Elkhart, IN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: On Old US 20, just west of CR 17; Retreat Apartments is located behind the center; Elkhart Industrial Park is nearby