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Property profile & analytics
OFF-MARKET
Warehouses

2709 Whipple Ave Elkhart, IN 46516-5505

4,648 SF 0.96 ac lot Built 1965
Individually Owned 1-yr Hold Free & Clear
Property ID
US31-1221728
Property summary
AI-generated overview

This exceptional investment opportunity in Elkhart, Indiana, presents two separate commercial buildings totaling over 10,000 square feet on a nearly one-acre lot (42,253 sq ft). The property is zoned M1 and boasts separate electric and gas meters for each building, offering flexibility and efficiency. Building 1, encompassing 5,642 square feet, features office space with multiple entrances and two restrooms. Recent upgrades include a new HVAC unit, newer windows, a rubber roof, updated gutters and downspouts, exterior lighting, and a fresh paint job (applied over three years ago). The warehouse area includes heat, concrete flooring, LED lighting, compressed air lines, and 480-volt electrical service. Building 2 offers 4,576 square feet of space, featuring four 14-foot high doors, concrete flooring, heat, compressed air lines, 480-volt electric service, and an office area with electric baseboard heat and two restrooms. The property also includes a fenced area and ample parking. Located in a high-traffic business district, this property presents a significant opportunity for investors seeking a strong return in a prime Elkhart location. The asking price is $375,000. The address is 2709 Whipple Avenue, Elkhart, IN 46516.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1965
Construction TYPE NOT SPECIFIED
Total area 4,648 SF
Lot 0.96 ac (42,035 SF)
Zoning code ZO01
APN 20-06-11-131-001.000-012
UPID US31-1221728
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Roger Duffy · 1 yrs held
Roger Duffy
since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2005
Price N/A
Zoning & alternative use
ZO01 · Elkhart, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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