30879 Old Elkhart, IN 46514
This exceptional 5,500 square foot mixed-use building in Elkhart, Indiana, presents a compelling investment opportunity. Located at 30879 Old U.S. 20, this single-story structure, built in 1987, sits on a 0.41-acre lot and is zoned B3. Currently vacant, the property offers significant potential for owner-users or investors seeking lease income. The building boasts a large retail space or showroom, several offices, and over 2,800 square feet of warehouse space, featuring two 10-foot overhead doors. Multiple security systems are in place, and ample parking is available. The asking price is $425,000, translating to $81.82 per square foot. City utilities are readily accessible. The adaptable layout allows for division into separate entities, making it ideal for generating rental income from multiple tenants. This high-traffic location ensures excellent visibility and accessibility for any business. This property is offered as a net lease.
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
Similar Nearby for Lease
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.