2701 Cassopolis St Elkhart, IN 46514-5131

Property Details for 2701 Cassopolis St

Year built

1988

Construction

TYPE NOT SPECIFIED

Lot size

8.86 lot acres

Property size

40,678 SF

Zone code

ZO01

Property type

Theaters & concert halls

APN

20-02-29-201-016.000-027

APU

200229201016000027

Description

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.

Location Insight

City

Elkhart

County

Elkhart

State

Indiana

Longitude

-85.9745

Latitude

41.7218

CBSA code

21140

CBSA name

ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments