1101 Pkwy #300 Ave Elkhart, IN 46516
This exceptional 5,000 square foot commercial property, situated on a generous 3.6-acre lot in Elkhart, Indiana, presents a unique investment opportunity. The building, constructed with brick exterior, brick EFIS, steel soffit, and fascia, offers a turnkey shell space ideal for various uses, including professional offices, retail, or medical practices. The property includes a convenient commercial canopy perfect for patient or customer drop-off. All units are equipped with finished bathrooms, break rooms, and a mechanical room. Utilities are provided by city water and sewer, AEP electric, and NIPSCO gas. The extensive landscaping and signage enhance the property's curb appeal. The location is highly desirable, boasting easy access to US 20 Bypass, State Road 120, and I-80/90 (minutes from exit 96). Its strategic placement near Goshen Medical, Sports Time Restaurant, multiple title companies, attorneys' offices, a real estate office, and a mortgage company, ensures high visibility and accessibility. The property's proximity to shopping centers further enhances its appeal. Taxes and maintenance are estimated at approximately $4.20 per square foot. Seller financing is available with incredible terms. The property is divisible in 15,000 square foot increments. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.