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    Elkhart, IN
    Medical Premises

    Elkhart, IN Medical Office Space for Sale

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    Net-Leased Dental Medical Office Building
    Updated: Jan 15
    Net-Leased Dental Medical Office Building

    415 Waterfall Dr, Elkhart, IN 46516

    Contact for pricing
    8,000 sqft
    Two‑tenant net‑leased medical office building totaling 8,000 SF, built in 1991
    Heartland Dental tenant occupies 4,050 SF (51%); lease in place since 2020 with over 4.5 years remaining
    Heartland Dental lease includes 1.5% annual rental escalations
    Lighthouse Autism Center occupies 3,950 SF (49%) with a remaining lease extension (NNN structure)
    Net lease responsibilities: tenants pay HVAC, interior/non‑structural items, insurance, property taxes, and utilities; landlord handles roof/structure (and parking lot for Lighthouse)
    View details
    See what stands out in Elkhart County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 1 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Tenant Medical Office
    Single-Tenant Medical Office

    53732 Generations Dr, South Bend, IN 46635

    $1,200,000
    3,432 sqft 0.70 AC lot

    Net-lease dental facility with scheduled 3% annual rent increases and a single-occupant configuration.

    View details
    Commercial Land with Office Improvements
    Commercial Land with Office Improvements

    3718 Lincolnway E, Mishawaka, IN 46544

    $179,990
    0.37 AC lot

    Three connected tracts combine an existing office, detached garage, cleared land, and parking along Lincolnway East.

    View details
    Medical Office with Seven Operatories
    Medical Office with Seven Operatories

    1641 Portage Ave, South Bend, IN 46616

    Contact for pricing
    2,976 sqft

    Existing clinical layout includes specialized treatment rooms, imaging space, private office accommodations, and on-site parking.

    View details
    Medical Office Building
    Medical Office Building

    1920 E McKinley Ave, Mishawaka, IN 46545

    Contact for pricing

    Move-in-ready first floor is equipped for clinical or therapy use, with a second floor offering expansion flexibility.

    View details

    Off-Market Properties in Elkhart, IN

    Consider similar Off-Market properties in Elkhart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1723 Bristol St
    MEDICAL BUILDING

    1723 Bristol St, Elkhart, IN 46514-3968

    $270,000
    Estimated value
    3,600 sqft 0.35 AC lot
    View details
    601 Bristol St
    MEDICAL BUILDING

    601 Bristol St, Elkhart, IN 46514-3418

    $280,000
    Estimated value
    2,530 sqft 0.52 AC lot
    View details
    914 Emerald St
    MEDICAL BUILDING

    914 Emerald St, Elkhart, IN 46514-3541

    $270,000
    Estimated value
    2,940 sqft 0.34 AC lot
    View details
    423 Waterfall Dr
    MEDICAL BUILDING

    423 Waterfall Dr, Elkhart, IN 46516-3660

    $280,000
    Estimated value
    3,983 sqft 0.56 AC lot
    View details
    117 Nappanee St
    MEDICAL BUILDING

    117 Nappanee St, Elkhart, IN 46514-1955

    $260,000
    Estimated value
    7,224 sqft 0.95 AC lot
    View details
    231 Bristol St
    MEDICAL BUILDING

    231 Bristol St, Elkhart, IN 46514-3105

    $295,000
    Estimated value
    5,090 sqft 0.78 AC lot
    View details
    2200 Lexington Ave
    MEDICAL BUILDING

    2200 Lexington Ave, Elkhart, IN 46514

    $945,000
    Estimated value
    13,044 sqft 2.41 AC lot
    View details
    25651 County Rd 20
    MEDICAL BUILDING

    25651 County Rd 20, Elkhart, IN 46517-2310

    $450,000
    Estimated value
    14,304 sqft 3.57 AC lot
    View details
    700 Waterbury Park Dr
    MEDICAL BUILDING

    700 Waterbury Park Dr, Elkhart, IN 46517-2339

    $435,000
    Estimated value
    9,910 sqft 2.40 AC lot
    View details
    2405 Lexington Ave
    MEDICAL BUILDING

    2405 Lexington Ave, Elkhart, IN 46514-1417

    $795,000
    Estimated value
    10,558 sqft 2.84 AC lot
    View details
    102 Concord Mall Dr
    MEDICAL BUILDING

    102 Concord Mall Dr, Elkhart, IN 46517

    $65,000
    Estimated value
    5,816 sqft 1.21 AC lot
    View details
    1209 Harrison St
    MEDICAL BUILDING

    1209 Harrison St, Elkhart, IN 46516-2139

    $270,000
    Estimated value
    4,050 sqft 0.25 AC lot
    View details
    5155 Verdant St
    MEDICAL BUILDING

    5155 Verdant St, Elkhart, IN 46516-9315

    $2,595,000
    Estimated value
    37,201 sqft 5.23 AC lot
    View details
    2851 Bristol St
    MEDICAL BUILDING

    2851 Bristol St, Elkhart, IN 46514-4380

    $270,000
    Estimated value
    5,440 sqft 0.36 AC lot
    View details
    415 Waterfall Dr
    MEDICAL BUILDING

    415 Waterfall Dr, Elkhart, IN 46516-3660

    $290,000
    Estimated value
    8,016 sqft 1.07 AC lot
    View details
    902 County Rd 6th E
    MEDICAL BUILDING

    902 County Rd 6th E, Elkhart, IN 46514-5571

    $330,000
    Estimated value
    5,456 sqft 0.55 AC lot
    View details
    1424 Johnson St
    MEDICAL BUILDING

    1424 Johnson St, Elkhart, IN 46514-3404

    $270,000
    Estimated value
    2,255 sqft 0.29 AC lot
    View details
    851 Pkwy Ave
    MEDICAL BUILDING

    851 Pkwy Ave, Elkhart, IN 46516-9334

    $625,000
    Estimated value
    8,320 sqft 2.18 AC lot
    View details
    21813 State Rd 120
    MEDICAL BUILDING

    21813 State Rd 120, Elkhart, IN 46516-5385

    $540,000
    Estimated value
    7,000 sqft 0.70 AC lot
    View details
    320 High St
    MEDICAL BUILDING

    320 High St, Elkhart, IN 46516-2826

    $270,000
    Estimated value
    3,216 sqft 0.16 AC lot
    View details
    23919 Us Hwy 33
    MEDICAL BUILDING

    23919 Us Hwy 33, Elkhart, IN 46517-3508

    $270,000
    Estimated value
    2,746 sqft 0.62 AC lot
    View details
    801 Bristol St
    MEDICAL BUILDING

    801 Bristol St, Elkhart, IN 46514-2956

    $445,000
    Estimated value
    6,726 sqft 1.27 AC lot
    View details
    1545 Cassopolis St
    MEDICAL BUILDING

    1545 Cassopolis St, Elkhart, IN 46514-3128

    $505,000
    Estimated value
    6,510 sqft 0.94 AC lot
    View details

    Elkhart, IN Medical Office Space Market Trends and Statistics

    Explore 68 medical office space for sale in Elkhart, IN on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 37
    Office buildings 17
    Coworking space 7
    Medical Office Space 5
    Creative space 2

    Demographics Overview

    Population 99K
    Population Growth (5Y) -0.8%
    Median Household Income $57,378
    College Educated 17.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $42.55 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elkhart fall within the 10,000 to 25,000 square foot range.

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    • 46516

    Featured Elkhart Real Estate Agencies

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    Myers Trust Real Estate
    23929 US Hwy 33 Elkhart, IN 46517
    Phone: 15748755149
    www.myerstrust.com

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