1101 Pkwy # 300 Ave Elkhart, IN 46516
This exceptional 5,000-square-foot commercial property, located at 1101 Parkway #300 Avenue in Elkhart, Indiana (zip code 46516), presents a unique investment opportunity. The building, situated in Elkhart County, offers a versatile space suitable for traditional office, medical office, or creative office uses. The property includes ownership of both land and building, managed under a condo association. A convenient commercial canopy provides a perfect drop-off area for patients or customers. The building boasts a striking exterior of brick and brick EFIS, complemented by steel soffit and fascia. Each unit is equipped with finished bathrooms, break rooms, and a dedicated mechanical room. Utilities include city water and sewer, AEP electric, and NIPSCO gas. Taxes and maintenance are approximately $4.20 per square foot. This centrally located property enjoys easy access via US 20 Bypass, State Road 120, and I-80/90, just minutes from Exit 96. Ample parking is available. The asking price is $800,000. This turnkey shell space allows for a customized buildout to perfectly suit your business needs.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.