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    2707 Toledo Rd Elkhart, IN 46516

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    2707 Toledo Rd Elkhart, IN 46516


    • Strip malls
    • 30,360 SF
    • 4.51 lot acres
    Elkhart Retail Center For Lease For Lease
    $665,000
    30,000 SF

    Elkhart Retail Center For Lease

    Multi-tenant retail center with suites available in Elkhart, Indiana.

    2707 Toledo Rd, Elkhart, IN 46516
    View Listing
    Property ID
    US31-2827469
    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.

    Value Estimations
    $665,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Elite Nutrition / Specialty Food Shop
    • PeopleReady / Employment Agency
    • TNT Nutrition / Cafe & Coffee Shop
    • Salon 20 / Hair Salon / Nail Salon
    • F&G sportscards / (Bike/Boat/Book/etc) Store

    Property Details for 2707 Toledo Rd

    Year built
    1990
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.51 lot acres
    Property size
    30,360 SF
    Zone code
    ZO01
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    20-06-11-178-002.000-011
    APU
    200611178002000011

    Description

    Summit Ridge Shopping Centre, located at 2707 Toledo Rd in Elkhart, Indiana, presents a compelling leasing opportunity for retail businesses. This Class C property, built in 1990, offers a total of 30,000 square feet of retail space within a 4.51-acre lot. The center is zoned B-3, allowing for a variety of retail uses. Currently, there are 8,250 square feet of vacant space available, divisible into units as small as 1,375 square feet, with a maximum contiguous space of 2,750 square feet. This makes it ideal for both smaller businesses seeking a manageable footprint and larger enterprises looking to expand within the Elkhart submarket. The property's location in Elkhart County, within the Elkhart submarket cluster, provides excellent access to a substantial customer base. The address is conveniently situated on Toledo Road, ensuring high visibility and accessibility. This is a fantastic opportunity to establish or expand your retail presence in a well-established shopping center within a thriving community. The property's size and layout offer flexibility for a range of retail concepts. Interested parties are encouraged to inquire about available space and lease terms. The property is situated in Elkhart, IN, zip code 46517.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $640,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $687,000
      Market price range: $687k - $1.30M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $995,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9196
    Latitude
    41.6746
    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
    $28,361
    $256,800
    $673,400
    $930,200
    -
    $256,800
    $673,400
    $930,200
    View Listing
    More about this property
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