1723 Bristol St Elkhart, IN 46514-3968
This meticulously renovated medical office building, completed in 2022, presents a unique investment opportunity in Elkhart, Indiana. Situated on the high-traffic Bristol Street corridor, this 2,200 square foot property boasts a modern and functional design ideal for a variety of medical practices. The main level features a welcoming reception area, six to eight adaptable treatment rooms, and two restrooms, ensuring both patient comfort and operational efficiency. Dedicated office spaces provide ample room for administrative tasks and consultations. The lower level offers additional versatility with three private offices, a well-equipped staff lounge complete with kitchen and laundry facilities, and substantial storage space enhanced by built-in shelving. The property also includes a significant advantage with 15 designated parking spaces, catering to both staff and patients. Accessibility is ensured through ADA-compliant features throughout the building. Further enhancing its appeal, the building has undergone INDOT-approved drug screening and showcases attractive landscaping. The seller is open to both sale and lease options, with a preferred lease term of three to five years. This property represents a compelling opportunity for medical professionals seeking a turnkey solution in a vibrant and accessible location. The 0.35-acre lot provides ample space and visibility.
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Anthony Cole, DPM Physician
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Jeffrey Hassel Eifler Physician
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Randall Cooper Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Elkhart, INCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.