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Flex Space with Overhead Doors
For Sale
$230,000
Pending

611 S Huntington Street, Syracuse, IN 46567

COMMERCIAL - Syracuse, IN

Property Size3,300 SF
Lot Size0.20 Acres
Days on Market133

Property Features for 611 S Huntington Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial Small Retail
Lot features City
Directions S. Huntington Street just North of Pickwick Drive
Subdivision Kosciusko County
Standard status Pending
APN 43-04-08-400-589.000-026
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 51
Tax Description 008-030-025 Lot 42 & S 1/2 Lot 41 Village Of Wawasee
Tax Annual Amount 2150
Legal Description 008-030-025 Lot 42 & S 1/2 Lot 41 Village Of Wawasee

Utilities

Cooling system Central Air

Building Details

Year built 1973
Flooring type Concrete, Finished, Unfinished
Roof type Metal
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Steve Miller · License #CO88900013
Added: Mar 25 Changed: Aug 1 Last Checked: Aug 4 at 1:06AM
MLS# 202610327

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.

Investment Insights

Based on property information with market context.

Versatile flex space in a dual-purpose layout with a professional hair salon configuration in the front and warehouse and commercial shop space in the rear. The building is served by central air and features concrete flooring, with finished and unfinished areas noted. Roof is metal, and the structure was built in 1973.

The property sits on a 0.2-acre lot at 611 S Huntington Street in Syracuse, IN (Kosciusko County). The rear warehouse/shop area includes two 10-foot overhead doors, supporting light industrial or service-oriented uses that benefit from roll-up access.

With its move-in readiness and combination of front showroom-style space and back-of-house warehouse/shop functionality, the building may work well for an owner-user seeking on-site operations alongside client-facing space, or for an investor looking for a flexible tenancy setup.

Key Highlights

  • 3,300 SF versatile commercial flex building
  • Dual‑purpose layout with salon front and warehouse/shop rear
  • Two 10‑foot overhead doors

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $31.3k $9.48
− Vacancy −$2.1k −$0.64
EGI $29.2k $8.84
− OpEx −$10.2k −$3.09
NOI $19.0k $5.74
3,300 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%

Alternative Uses

Best Use
Retail
$478.0K
$418.3K – $557.7K (±1% cap)
NOI $33,460 @ 7.0% cap · market cap 14.55%
Second Best
Flex RnD
$270.7K
$236.9K – $315.9K (±1% cap)
NOI $18,952 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$574.9K
$503.1K – $670.7K (±1% cap)
NOI $40,244 @ 7.0% cap · market cap 17.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Picket Fences Boutique ... Hair Salon

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Big Box & Wholesale Store Storage Facility Electrical Service

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

303
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46567, IN

9,773
Population
5,849
Households
1.7
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
57.3 sq mi
ZIP Area
171
Density / Sq Mi
$73,277
Median Household Income
$46,327
Median Earnings
$964
Median Rent
$228,200
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The Pier & Back Porch 702 E Lake View Rd, Syracuse, IN 46567
  • The Twisted Tiki Food Truck 207 N Harrison St, Syracuse, IN 46567

Frequently Asked Questions

What type of property is this?
Flex space - Versatile flex space with central air, a hair salon front, and a warehouse/shop rear with overhead doors.
Where is this flex space located?
The property is located at 611 S Huntington Street Syracuse, IN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 3,300 SF versatile commercial flex building; Dual‑purpose layout with salon front and warehouse/shop rear; Two 10‑foot overhead doors
More about this property
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