2820 Cassopolis St Elkhart, IN 46514
- Hotels
- 4,345 SF
- 2.93 lot acres
Current Use by Public Records
- Daylite Inn / Motel / Inn
- Greyhound: Bus Stop / Bus Company
- 2820 Cassopolis St, Elkhart, IN 46514, United States / Hotel
- Hotel O Daylight Inn Elkhart I-90, IN / Hotel / Inn
Property Details for 2820 Cassopolis St
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 2.93 lot acres
- Property size
- 4,345 SF
- Zone code
- ZO01
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 20-02-20-457-001.000-027
- APU
- 200220457001000027
Description
This 41,497 square foot hotel in Elkhart, Indiana, presents a unique redevelopment opportunity. Located on a 2.93-acre corner lot with excellent visibility, the property features three buildings, including a main structure with lobby, reception, and breakfast area, and two additional buildings housing 120 guest rooms (60 rooms per building) arranged over two floors with exterior corridors. The property boasts 142 on-site parking spaces and benefits from high traffic counts due to its location on Cassopolis Street (SR-19) and Oakwood Avenue, offering approximately 185 feet and 835 feet of frontage respectively, with two existing curb cuts. Zoned B-3, this property is ideally situated near the 80/90 Toll Road and State Road 19, providing easy access to the Elkhart Municipal Airport and South Bend International Airport. Its prime location within Elkhart's northern retail corridor places it close to numerous businesses, restaurants, and entertainment options. The asking price is $3,250,000, translating to $78.32 per square foot. This property is perfect for either continued operation as a hotel or for adaptive reuse into a variety of commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elkhart
- County
- Elkhart
- State
- Indiana
- Longitude
- -85.9718
- Latitude
- 41.7257
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
