Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2709 Whipple Ave Elkhart, IN 46516

    Sponsored
    For Sale
    $375,000

    Two Buildings, 1 Acre, M1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity in Elkhart, Indiana, presents two separate commercial buildings totaling over 10,000 square feet on a nearly one-acre lot (42,253 sq ft). The property is zoned M1 and boasts separate electric and gas meters for each building, offering flexibility and efficiency. Building 1, encompassing 5,642 square feet, features office space with multiple entrances and two restrooms. Recent upgrades include a new HVAC unit, newer windows, a rubber roof, updated gutters and downspouts, exterior lighting, and a fresh paint job (applied over three years ago). The warehouse area includes heat, concrete flooring, LED lighting, compressed air lines, and 480-volt electrical service. Building 2 offers 4,576 square feet of space, featuring four 14-foot high doors, concrete flooring, heat, compressed air lines, 480-volt electric service, and an office area with electric baseboard heat and two restrooms. The property also includes a fenced area and ample parking. Located in a high-traffic business district, this property presents a significant opportunity for investors seeking a strong return in a prime Elkhart location. The asking price is $375,000. The address is 2709 Whipple Avenue, Elkhart, IN 46516.

    Property Features for 2709 Whipple Ave

    General Information

    Property type
    Land

    HighLights

    • Exceptional investment opportunity in Elkhart, Indiana.
    • Two commercial buildings totaling over 10,000 square feet on a nearly one‑acre lot (42,253 sq ft), zoned M1.
    • Separate electric and gas meters for each building.
    • Building 1: 5,642 sq ft with office space, updated HVAC, windows, roof, and exterior, plus warehouse with heat, concrete floor, and 480‑volt service.
    • Building 2: 4,576 sq ft with four 14‑foot high doors, concrete floor, heat, and 480‑volt service, plus office area and restrooms.
    • Fenced area and ample parking in a high‑traffic business district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    ELKHART
    State
    Indiana
    Longitude
    -85.9196012
    Latitude
    41.680146

    Nearby Similar for Sale

    • New
      $299,900
      2,852 SF

      Elkhart Duplex Plus Bungalow Home

      Two-story duplex plus bungalow home with rental income potential.
      509 Prospect St, Elkhart, IN 46514
      View Details
    • $185,900
      0.13 Acres

      Versatile Commercial Building in Elkhart

      Adaptable commercial space suitable for various business ventures.
      1801 Wood St, Elkhart, IN 46516
      View Details
    • $650,000
      0.13 Acres

      Winchester Mansion: Event Center Potential

      Stunning property with income potential as event center or B&B.
      529 S 2Nd St, Elkhart, IN 46516
      View Details
    • New
      $69,900
      1,400 SF

      Elkhart Duplex with Detached Garage

      Duplex in Elkhart, IN, with renovation potential and detached garage.
      1118 Cedar St, Elkhart, IN 46514
      View Details
    • $69,900
      0.02 Acres

      Elkhart Storefront Carry Out Business

      Storefront carry-out business with basement, equipment, and B-2 zoning.
      202 E Indiana Ave, Elkhart, IN 46516
      View Details
    • $175,000
      0.44 Acres

      Elkhart Mixed-Use Commercial Building

      Renovated mixed-use building in high-traffic area with business and residential potential.
      23957 Us 33, Elkhart, IN 46517
      View Details
    • $154,000
      0.11 Acres

      Elkhart Restaurant/Bar For Sale

      Cozy diner with equipment in Elkhart, Indiana.
      822 N Michigan St St, Elkhart, IN 46514
      View Details
    • $249,900
      1.11 Acres

      Versatile Mixed-Use Building in Elkhart

      Updated brick building suitable for various business uses.
      24266 County Road 45, Elkhart, IN 46516
      View Details
    • New
      $99,900

      Elkhart Industrial Property with M1 Zoning

      Industrial property with M1 zoning, suitable for auto repair.
      510 State St, Elkhart, IN 46516
      View Details
    • New
      $850,000
      2.66 Acres

      Elkhart Industrial/Warehouse Opportunity

      Industrial/warehouse property in Elkhart with easy access and expansion potential.
      3505 Cooper Dr, Elkhart, IN 46514
      View Details
    • $350,000
      1.09 Acres

      Updated Mixed-Use Building on Bristol

      2,500 SF mixed-use building with high visibility and ample parking.
      1842 E Bristol St, Elkhart, IN 46514
      View Details
    • $450,000
      1.00 Acre

      Elkhart Restaurant/Bar with Liquor License

      Restaurant/Bar with liquor license on a 1-acre B-3 zoned property.
      57968 County Road 7, Elkhart, IN 46517
      View Details

    FAQs

    What type of property is this?
    Land - Two Buildings, 1 Acre, M1 Zoning
    Where is this land located?
    The property is located at 2709 Whipple Ave Elkhart, IN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity in Elkhart, Indiana.; Two commercial buildings totaling over 10,000 square feet on a nearly one-acre lot (42,253 sq ft), zoned M1.; Separate electric and gas meters for each building.
    Request Owner's contact information
    2709 Whipple Ave Elkhart, IN 46516
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2709 Whipple Ave
    Elkhart, IN 46516
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2709 Whipple Ave Elkhart, IN 46516
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.