2701 Cassopolis StElkhart, IN 46514

  • Sports & entertainment properties
  • 40,678 SF
For Sale
$4,063,500 View listing

Property Details for 2701 Cassopolis St

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
8.86 AC
Property size (Sq ft)
40,678 SF
Zone code
ZO01
Property type
Sports & entertainment properties
Property subtype
Theaters & concert halls
APN
20-02-29-201-016.000-027
APU
200229201016000027

Description

This exceptional 7.5-acre commercial property, located at 2701 Cassopolis St, Elkhart, IN 46514, presents a prime redevelopment opportunity. Situated in a high-traffic area with over 18,000 average daily vehicles, this site boasts a prominent location at a signalized intersection within one of Elkhart County's fastest-growing retail corridors. The existing 40,678 square foot building is adaptable for repurposing or demolition, offering flexibility for various development scenarios. The property is conveniently located less than two miles from I-80/90 Toll Road, Exit 92, and three miles from the Indiana/Michigan state line, ensuring excellent accessibility. All utilities, including city water, sewer, gas, and electric, are readily available. While currently zoned PUD, rezoning is underway to align with the city's future plans for the area. The site is divisible, with premium pricing available for parcels facing Cassopolis Street. A new quick-service restaurant is planned for the adjacent corner lot, further enhancing the location's appeal and traffic flow. The asking price for the entire 7.5-acre site is $4,063,500, representing a price per square foot of $99.89. This presents a compelling investment opportunity for developers seeking a high-visibility location in a thriving retail market.

2701 Cassopolis St, Elkhart, Indiana

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.7218
Longitude
-85.9745
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$90,993
$1,564,100
$1,404,200
$2,968,300
-
$1,564,100
$1,404,200
$2,968,300

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