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Property profile & analytics

211 Main St Elkhart, IN 46516-3036

  • Retail space
  • 2,867 SF
  • 0.16 lot acres
OFF-MARKET
Last Sale
Aug 28, 2024
$200,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0768732
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.

Current Use by Public Records

  • Stephenson's of Elkhart Inc. / Men'S Clothing Store / Bridal Shop
  • Main Street Tattoos / Tattoo And Piercing Shop / Tattoo Artist

Property Details for 211 Main St

Year built
1930
Construction
WOOD
Lot size
0.16 lot acres
Property size
2,867 SF
Zone code
ZO01
Property type
Retail space
APN
20-06-05-257-010.000-012
APU
200605257010000012

Description

This exceptional 2,867 square foot commercial building, situated at 211 N Main Street in the heart of Elkhart, Indiana, presents a unique investment opportunity. Currently configured as a salon featuring booth rentals for stylists and tattoo artists, this property boasts significant versatility and potential for a variety of uses. The building sits on a 0.16-acre lot and benefits from numerous recent upgrades, including a newer metal roof and updated mechanical systems, ensuring low maintenance and operational efficiency. The existing setup provides a proven business model, while the prime downtown location and included CBD liquor license offer significant advantages for entrepreneurs seeking a high-traffic area. Whether continuing the established salon operation or pursuing a different venture, this property offers a compelling combination of established infrastructure and untapped potential. The spacious layout allows for customization to suit diverse business needs, making it an ideal choice for a wide range of commercial enterprises. The property's strong location within the vibrant downtown Elkhart area ensures high visibility and accessibility, attracting a steady stream of potential customers. This is a rare opportunity to acquire a well-maintained, versatile commercial building in a thriving downtown location. The asking price is $249,900.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Elkhart
County
Elkhart
State
Indiana
Longitude
-85.9746
Latitude
41.6887
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
$3,366
$45,700
$64,700
$110,400
-
$45,700
$64,700
$110,400
More about this property
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