1906 Franklin St Elkhart, IN 46516-1932
- Turn key restaurants
- 985 SF
- 0.27 lot acres
Current Use by Public Records
- Franklin Street Tavern / Bar
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
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Location Insight
- Map
- 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
