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    OFF-MARKET
    Strip malls

    1416 Cassopolis St, Elkhart, IN 46514-3210

    12,740 SF 0.85 ac lot Built 1992
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US31-0042118
    Property summary
    AI-generated overview

    This single-story, 12,740-square-foot office building, constructed in 1992 and renovated in 2007, is situated on a 37,026-square-foot lot at 1416 Cassopolis Street, Elkhart, IN 46514. The property features six suites in total, with one suite currently vacant, offering 3,000 square feet of readily available space. The vacant suite boasts a built-out configuration including larger offices, conference rooms, a kitchen, and open areas. This freestanding building shares a parking lot with an adjacent Walgreens, providing ample parking for tenants and customers. Located at the intersection of Bristol and Cassopolis Streets, this property benefits from high visibility and strong traffic flow. The building's existing tenants have occupied the space since 2008, demonstrating the location's desirability and stability. The property has a 200-amp, 3-phase electrical power supply. Property taxes are $1.27 per square foot. The Elkhart County APN is 200232426017000027. This is a prime opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Elkhart commercial area.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1992
    Construction TYPE NOT SPECIFIED
    Total area 12,740 SF
    Lot 0.85 ac (37,026 SF)
    Zoning code ZO01
    APN 20-02-32-426-017.000-027
    UPID US31-0042118
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
    • Edward Jones - Financial Advisor: Thomas K Langhofer, CFP® Financial Advisor
    • Edward Jones Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Jonathan S Chambers · 1 yrs held
    Jonathan S Chambers
    since 2025
    7 recorded transactions
    2025
    2024
    2022
    2022
    2012
    2010
    2007
    Zoning & alternative use
    ZO01 · Elkhart, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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