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Properties
Residential income homes
IN
Elkhart
46516
126 Lexington Ave

Property profile

126 Lexington Ave Elkhart, IN 46516

OFF-MARKET

Residential income homes

Property ID

US31-0162861

7,793 SF 0.06 ac lot Built 1910

Entity Owned 9-yr Hold ~ Est. High Equity

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This exceptional opportunity presents two executive office suites for lease within a historic building at 126 & 128 West Lexington Avenue in Elkhart, Indiana, 46516. Located in Elkhart County, this property offers a total of 1,001 square feet, currently entirely vacant and ready for immediate occupancy. Each suite is individually divisible, with a minimum leasable area of 450 square feet and a maximum contiguous space of 551 square feet, providing flexibility for various business needs. The building, constructed in 1910, boasts a unique character and charm. Parking is conveniently available via street parking. The property is classified as an Executive Office space and is suitable for multiple tenants. This prime location in Elkhart offers easy access to local amenities and transportation. The suites are ideal for businesses seeking a prestigious address and a well-maintained workspace in a vibrant community. Don't miss this chance to secure your ideal office space in this desirable Elkhart location. Contact us today to schedule a viewing and explore the possibilities.

Property type Residential income homes

Use group APARTMENT HOUSE (UNDER 5 UNITS)

Year built 1910

Construction WOOD

Total area 7,793 SF

Lot 0.06 ac (2,831 SF)

Zoning code ZO01

APN 20-06-05-406-012.000-012

UPID US31-0162861

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Property Management Company
Family Counselor

126 Lexington Ave Elkhart, IN 46516-3161

Elkhart metro Census 2900 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

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AI Approach AI

$280k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$280k

since 2017

4 recorded transactions

2017

Price N/A

1969

Price N/A

1969

Price N/A

1969

Price N/A

Comparables

6 recent transactions · within 1.5 mi

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