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    1906 Franklin St Elkhart, IN 46516-1932

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    1906 Franklin St Elkhart, IN 46516-1932


    • Turn key restaurants
    • 985 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US31-0129965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Franklin Street Tavern / Bar & Pub

    Property Details for 1906 Franklin St

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    985 SF
    Property type
    Turn key restaurants
    APN
    20-06-07-330-024.000-012
    APU
    200607330024000012

    Description

    This exceptional 1.1-acre commercial land parcel presents a prime retail opportunity in Elkhart, Indiana. Located at the southeast corner of SR 19 and West Franklin Street, this high-visibility site boasts an impressive average annual daily traffic count of 37,395 vehicles (according to MACOG data), ensuring significant exposure for any business. A pre-existing site plan includes a proposed 2,160 square foot building featuring a convenient drive-through and ample parking for 31 vehicles. The property's strategic location is further enhanced by its proximity to numerous established retailers and restaurants, creating a vibrant and thriving commercial environment. Adding to its investment appeal, a billboard situated on the property generates consistent annual income. This property is ideally suited for a variety of commercial ventures seeking a high-traffic location with existing infrastructure and income-generating potential. The address is 1906 W Franklin St, Elkhart, IN 46516, and the lot size is 1.1 acres. The asking price is $199,900. This is a rare opportunity to acquire a well-positioned commercial property in a bustling area.


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    Location Insight

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    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9976
    Latitude
    41.672
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,306
    $36,300
    $39,000
    $75,300
    -
    $36,300
    $39,000
    $75,300
    More about this property
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