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Property summary
This exceptional 7,000 square foot multi-tenant retail building is ideally situated on the northeast corner of South Nappanee Street and Pennsylvania Avenue in Elkhart, Indiana. Boasting a prominent location within Elkhart's established business district, this property offers unparalleled visibility and landmark recognition. The building currently has 5,835 square feet of vacant space available, perfect for a variety of retail or office uses. With a total of 43 parking spaces, ample customer… and employee parking is ensured. The 1.15-acre lot provides significant space and potential for future expansion. This well-maintained building has served as a retail staple in the Elkhart community for years, offering captivating signage opportunities. Its prime location and substantial square footage make it an excellent investment for businesses seeking to establish or expand their presence in a thriving commercial area. The property is located in Elkhart County, Indiana, with a zip code of 46516. This is a rare opportunity to secure a highly visible and well-established retail space in a desirable Elkhart location. The building's history and prominent position offer a unique chance to capitalize on existing brand recognition and build upon a legacy of success.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,958 SF
- Lot area
- 1.16 ac
- Year built
- 1999
- Stories
- 1
- APN
- 20-06-07-151-032.000-012
- Zoning
- ZO01
- Assessed value · 2023
- $674,000
- Annual tax · 2023
- $20,540
- Restaurant
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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