232-246 Waterfall Dr Elkhart, IN 46516
- Office Properties & Spaces
- 23,180 SF
- 3.49 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 232-246 Waterfall Dr
- Year built
- 1985
- Lot size
- 3.49 lot acres
- Property size
- 23,180 SF
- Property type
- Office Properties & Spaces
Description
This exceptional executive office complex, situated on a generous 3.49-acre lot in desirable downtown Elkhart, Indiana, presents a unique investment opportunity. The property, built in 1985, boasts a total of 23,180 square feet of office space, offering significant potential for various business ventures. The building's prime location along the Elkhart River places it within easy walking distance of numerous amenities, including restaurants, county and city government buildings, banking institutions, Indiana University South Bend – Elkhart campus, and the public library. Its strategic position within the Gateway Mile Fund District further enhances its appeal. The property features attractive outdoor spaces, including balconies and decks, providing employees and tenants with pleasant areas for relaxation and informal meetings. While a 1,950 square foot suite is currently available for lease (NNN lease type), the entire 23,180 square foot building is offered for sale at $2,995,000. This presents a rare chance to acquire a substantial and well-located office property in a thriving Indiana community. The address is 232-246 Waterfall Drive, Elkhart, IN 46516.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elkhart
- County
- Elkhart
- State
- Indiana
- Longitude
- -85.9666
- Latitude
- 41.6853