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Property profile & analytics
OFF-MARKET Estimated value $550,000
Office Spaces

222 Harrison St Elkhart, IN 46516-3218

6,000 SF 0.49 ac lot Built 2003
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US31-0026727
Property summary
AI-generated overview

This 6,000-square-foot single-tenant building, located at 222 Harrison St in Elkhart, Indiana (zip code 46516), presents a unique opportunity. Situated on the west edge of downtown Elkhart between 2nd and 3rd Street, this property offers versatile space ideal for creative office, traditional office, or medical office uses. The building boasts four private offices, a janitorial room, mechanical room, storage room, and a large open area suitable for an open office or showroom. Amenities include a kitchenette/break room and three restrooms. The exterior features low-maintenance brick and block construction with a shingled roof. Ample parking is available on-site for 24 vehicles, with additional parking at the adjacent "Triangle" public lot. Central Business District zoning allows for diverse uses, including live/work options. The building is currently available for lease at $9.00 per square foot and is also for sale at a reduced price of $349,000. Elkhart County location provides easy access to area amenities and transportation.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Construction WOOD
Total area 6,000 SF
Lot 0.49 ac (21,127 SF)
Zoning code ZO01
APN 20-06-05-457-018.000-012
UPID US31-0026727
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
  • Allstate Car Insurance Financial Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$493k
Blend (final) Blend
$550k
Owner & transaction history
Clements Properties LLC · 1 yrs held
Clements Properties LLC
since 2025
5 recorded transactions
2025
Price N/A
2020
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Elkhart, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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