Property summary
This exceptional 7.5-acre commercial property, located at 2701 Cassopolis St, Elkhart, IN 46514, presents a prime redevelopment opportunity. Situated in a high-traffic area with over 18,000 average daily vehicles, this site boasts a prominent location at a signalized intersection within one of Elkhart County's fastest-growing retail corridors. The existing 40,678 square foot building is adaptable for repurposing or demolition, offering flexibility for various development scenarios. The property is conveniently located less than two miles from I-80/90 Toll Road, Exit 92, and three miles from the Indiana/Michigan state line, ensuring excellent accessibility. All utilities, including city water, sewer, gas, and electric, are readily available. While currently zoned PUD, rezoning is underway to align with the city's future plans for the area. The site is divisible, with premium pricing available for parcels facing Cassopolis Street. A new quick-service restaurant is planned for the adjacent corner lot, further enhancing the location's appeal and traffic flow. The asking price for the entire 7.5-acre site is $4,063,500, representing a price per square foot of $99.89. This presents a compelling investment opportunity for developers seeking a high-visibility location in a thriving retail market.
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6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Elkhart, INZoning
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