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    230 Main St Elkhart, IN 46516

    Sponsored
    For Lease
    $18 SF/Yr ($2,184 /Mo)

    Modern Executive Suite, 1417 sq ft, Elkhart, IN

    Lot size:
    1,417 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,417-square-foot executive office suite presents a unique opportunity in the vibrant city of Elkhart, Indiana. Located at 230 N Main St, 46516, this single-tenant property boasts a prime location within Elkhart County. Built in 2004, the building is well-maintained and features modern amenities, including a convenient elevator. The entire space (1,417 sq ft) is currently vacant and ready for immediate occupancy, offering flexibility for a variety of business needs. Its strategic location places businesses within easy reach of Elkhart's thriving downtown area, currently undergoing significant revitalization efforts, including the development of a new aquatic and fitness center. This investment presents a chance to establish a presence in a dynamic community experiencing substantial growth and positive change. The property's single-tenant occupancy simplifies management and provides a clear, straightforward investment opportunity. The property type is classified as an office building, specifically an executive office suite, ideal for businesses seeking a professional and modern workspace. This is an excellent opportunity to secure a well-located, move-in ready office space in a growing Indiana city.

    Property Features for 230 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,417 SF
    Total Rate
    2184.54

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Suite 3
    Size
    1,417 SF
    Rate per SF
    $18

    HighLights

    • High visibility and accessibility from North Main Street.
    • Attractive landscaping with river views.
    • Spacious lobby with elevator access.
    • Strong tenant profile of professional office users.
    • Prime Central Business District location near restaurants, government offices, and other retail and professional services.
    • Convenient proximity to the Elkhart River Walk.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chester Law Office Personal Injury Attorney Raymond James & Associates Investment Service Simple Dumpsters Dumpster Rental Service Legacy Wealth Management ... Financial Planner Seifert Drug Pharmacy

    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
    -85.9740746
    Latitude
    41.6894358

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    FAQs

    What type of property is this?
    Office space - Modern Executive Suite, 1417 sq ft, Elkhart, IN
    Where is this office space located?
    The property is located at 230 Main St Elkhart, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: High visibility and accessibility from North Main Street.; Attractive landscaping with river views.; Spacious lobby with elevator access.
    Request Owner's contact information
    230 Main St Elkhart, IN 46516
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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
    230 Main St Elkhart, IN 46516
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