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Property profile & analytics
OFF-MARKET
Theaters & concert halls

210 Main St Elkhart, IN 46516-3120

8,968 SF 0.07 ac lot Built 1915
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-3563904
Property summary
AI-generated overview

This exceptional commercial property, located at 210 S Main Street in the heart of downtown Elkhart, Indiana, presents a rare investment opportunity. Situated on a 0.15-acre lot, this building boasts a rich history, having served as the Orpheum Theatre since its opening in 1915, hosting vaudeville acts and motion pictures. Subsequently remodeled in 1970, it operated as Cinema 1 for two decades. The property's prime location on Elkhart's Gateway Mile, adjacent to the Vine Restaurant, offers unparalleled visibility and accessibility. Its proximity to the Elkhart Community Riverwalk further enhances its appeal. The building's unique character and intimate space provide a blank canvas for a variety of commercial uses, allowing a new owner to contribute to the vibrant downtown Elkhart scene. The property comprises two parcels. Note that property taxes have historically been non-existent due to the building's previous non-profit status. The asking price is $200,000. Square footage information is unavailable at this time. This is a truly remarkable opportunity to own a piece of Elkhart's history and contribute to its continued revitalization.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1915
Construction TYPE NOT SPECIFIED
Total area 8,968 SF
Lot 0.07 ac (3,136 SF)
Zoning code ZO01
APN 20-06-05-411-005.000-012
UPID US31-3563904
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
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
Nexink Realty LLC · 1 yrs held
Nexink Realty LLC
since 2025
3 recorded transactions
2025
Price N/A
2023
Price N/A
2006
Price N/A
Zoning & alternative use
ZO01 · Elkhart, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CHAPTER 151: ZONING CODE
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