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    1010 Main St Elkhart, IN 46514

    For Sale
    $1,995,000

    51,052 SF Manufacturing/Warehouse

    Property size:
    51,052 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 51,052-square-foot industrial property, located at 1010 N. Main St., Elkhart, IN 46514, presents a compelling investment opportunity. The single-story, Class C building, constructed in 1973, sits on a 2.8-acre lot and is zoned for manufacturing (M-1). Features include a 12-foot eave height, providing ample vertical space for various industrial uses. The property boasts three loading docks and two grade-level doors, ensuring efficient loading and unloading operations. Electrical service is robust, with 1,200 amps of 480V power. Strategically located just 2.5 miles from the high-traffic intersection of Cassopolis Street and County Road 6, and within 3 miles of the I-80/90 toll road, this location offers excellent access to major transportation arteries. The asking price is $1,995,000, translating to $39.08 per square foot. This well-maintained facility is ready for immediate occupancy and presents a rare opportunity to acquire a substantial industrial space in a prime Elkhart location. The property's size, location, and features make it ideal for a variety of manufacturing and warehousing operations. Don't miss this chance to secure a valuable asset in a thriving industrial market.

    Property Features for 1010 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    51,052 SF
    Class
    C
    Lot Size
    121,968 SF

    Building Details

    Year Built
    1973
    Stories
    1

    HighLights

    • M‑1 Zoning.
    • 12‑foot clear ceiling height.
    • Two grade‑level loading doors.
    • Three dock‑high loading doors.
    • 1200‑amp, 480‑volt power.
    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 - 51,052 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 1010 Main St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: M-1 Zoning.; 12-foot clear ceiling height.; Two grade-level loading doors.
    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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