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Office Building with Finished Basement
For Sale
$135,000

323 W High Street, Elkhart, IN 46516

COMMERCIAL, Elkhart, IN

Property SizeContact for details
Lot Size0.16 Acres
Days on Market8

Property Features for 323 W High Street

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Parking features Off Street, Garage
Lot features City
Directions GPS friendly Enter 323 W. High Street, Elkhart In 46516
Subdivision Elkhart County
Standard status Active
APN 20-06-05-385-004.000-012
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Second South & Western W1/2 Lot 176
Tax Annual Amount 3755
Legal Description Second South & Western W1/2 Lot 176

Building Details

Year built 1952
Flooring type Tile, Vinyl
Roof type Flat, Rubber
Buildings 1
Listing Agency: RE/MAX 100 Elkhart · RE/MAX International
Listed By: Leah Sarber · License #RB21001984
Added: Oct 30 Last Checked: Nov 6 at 12:06PM
MLS# 202644748

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1952 office building has a one-story main level arranged into multiple rooms, along with a half bath and a small kitchenette. The basement adds a finished living area with a kitchen and full bathroom, plus unfinished space. Flooring includes tile and vinyl, and the roof is flat rubber.

Recent work includes roof repairs, added gutters, window replacements, tree trimming, partial fencing, and renovations to two upstairs rear rooms and one basement room. Parking includes off-street spaces and a garage. The property is being sold as-is.

Key Highlights

  • 0.16‑acre parcel
  • Built in 1952
  • One‑story main level with multiple rooms, half bath, and kitchenette

Property Analytics

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

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Storage Facility Kitchen & Bath Showroom HVAC Service Plumbing Service Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,027
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

Average Price Trend$/SF for Office buildings in Elkhart County, IN

$67.48 Jul
$63.84 Aug
$93.68 Sep
$94.46 Oct

Properties on Market for Office buildings in Elkhart County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - A multi-room main floor includes a half bath and kitchenette, with additional finished and unfinished basement areas.
Where is this office building located?
The property is located at 323 W High Street Elkhart, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 0.16‑acre parcel; Built in 1952; One‑story main level with multiple rooms, half bath, and kitchenette
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