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    1330 Nappanee St Elkhart, IN 46516

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    For Lease
    Contact for pricing

    7,000 SF Retail Building, Ample Parking

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,000 square foot multi-tenant retail building is ideally situated on the northeast corner of South Nappanee Street and Pennsylvania Avenue in Elkhart, Indiana. Boasting a prominent location within Elkhart's established business district, this property offers unparalleled visibility and landmark recognition. The building currently has 5,835 square feet of vacant space available, perfect for a variety of retail or office uses. With a total of 43 parking spaces, ample customer and employee parking is ensured. The 1.15-acre lot provides significant space and potential for future expansion. This well-maintained building has served as a retail staple in the Elkhart community for years, offering captivating signage opportunities. Its prime location and substantial square footage make it an excellent investment for businesses seeking to establish or expand their presence in a thriving commercial area. The property is located in Elkhart County, Indiana, with a zip code of 46516. This is a rare opportunity to secure a highly visible and well-established retail space in a desirable Elkhart location. The building's history and prominent position offer a unique chance to capitalize on existing brand recognition and build upon a legacy of success.

    Property Features for 1330 Nappanee St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,835 SF

    HighLights

    • Negotiable lease rate.
    • Two‑unit property.
    • 1.15‑acre lot.
    • 7,000 square foot building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -86.0025097
    Latitude
    41.6761609

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    FAQs

    What type of property is this?
    Individual retail property - 7,000 SF Retail Building, Ample Parking
    Where is this individual retail property located?
    The property is located at 1330 Nappanee St Elkhart, IN.
    What are key features of this property?
    This property features: Negotiable lease rate.; Two-unit property.; 1.15-acre lot.
    Request Owner's contact information
    1330 Nappanee 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
    1330 Nappanee St Elkhart, IN 46516
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