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    1010 Main St Elkhart, IN 46514

    Sponsored
    For Lease
    $4 SF/Yr ($17,017 /Mo)

    Prime Elkhart industrial space; excellent location, great access.

    Lot size:
    51,052 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-tenant warehouse, located at 1010 N Main St., Elkhart, IN, offers 51,052 square feet of industrial space. Built in 1973, this one-story building sits on a 2.8-acre lot and is zoned for light manufacturing (MI). The property boasts three loading docks and two drive-in doors, providing ample access for loading and unloading. Power is supplied by a robust 1200-amp, 480-volt, 3-phase system. The warehouse features central air conditioning. Its strategic location offers convenient access to major transportation arteries. It's situated just 2.5 miles from the high-traffic intersection of Cassopolis Street and County Road 6, and a short 3-mile drive from the I-80/90 toll road, ensuring efficient logistics and distribution. The lease rate excludes utilities, property expenses, and building services. This property presents a compelling opportunity for businesses seeking a well-equipped and strategically located industrial space in Elkhart County.

    Property Features for 1010 Main St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,052 SF
    Total Rate
    17017.33

    Building Details

    Year Built
    1973
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    51,052 SF
    Rate per SF
    $4

    HighLights

    • 51,052 SF single‑tenant warehouse.
    • 2.8 acres of land in Elkhart County.
    • Built in 1973, one‑story building.
    • Three loading docks and two drive‑in doors.
    • 1200 Amps, 480V, 3‑phase power; MI Light Manufacturing zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pure Wholesale Distribution Liquidator

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9755506
    Latitude
    41.6965215

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    FAQs

    What type of property is this?
    Distribution property - Prime Elkhart industrial space; excellent location, great access.
    Where is this distribution property located?
    The property is located at 1010 Main St Elkhart, IN.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 51,052 SF single-tenant warehouse.; 2.8 acres of land in Elkhart County.; Built in 1973, one-story building.
    Request Owner's contact information
    1010 Main St Elkhart, IN 46514
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    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
    1010 Main St Elkhart, IN 46514
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