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    FOR LEASE
    Strip malls

    1900 Berry St, Elkhart, IN 46514

    12,972 SF 1.26 ac lot Built 1985
    Individually Owned 11-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-3519956
    Property summary
    AI-generated overview

    This 13,075 square foot, single-story retail center in Elkhart, Indiana, offers two available spaces totaling 7,195 square feet. One space, previously a butcher shop, comprises 5,045 square feet and includes existing coolers, freezers, stainless steel tables, sinks, and additional kitchen equipment. The second space measures 2,150 square feet. Located at 1900 Berry St, Elkhart, IN 46514, this Class C property sits on a 1.26-acre lot and was built in 1985. The center features shared pylon and marquee signage, gas forced heat, central air conditioning, fluorescent lighting, storefront windows, individually metered utilities, and ample on-site parking. The building is served by 200-amp single-phase power. Zoned B-1 Neighborhood Commercial, the property allows for a diverse range of commercial uses. Tenants are responsible for their utilities, interior janitorial services, trash removal, and phone/computer/data costs. The property is conveniently located near Volcano Pizza, an established anchor tenant. This well-maintained, locally-owned and managed center presents a great opportunity for businesses seeking a prime location in Elkhart. The APN is 20-02-33-284-011.000-027.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1985
    Construction TYPE NOT SPECIFIED
    Total area 12,972 SF
    Lot 1.26 ac (54,886 SF)
    Zoning code ZO01
    APN 20-02-33-284-011.000-027
    UPID US31-3519956
    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
    • Volcano Pizza / Poplar Court Restaurant
    • George's Jewelry Repair (Bike/Boat/Book/etc) Store
    • Poplar Court Business Service Center Corporate Office
    • Farmers Insurance Insurance Agency
    • Pat Graham- Graham Millslagle Group/Keller Williams Realty Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Judithe A Mccarrel · 11 yrs held
    Judithe A Mccarrel
    since 2015
    5 recorded transactions
    2018
    2015
    2015
    2005
    1969
    Zoning & alternative use
    ZO01 · Elkhart, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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