30879 Old Us 20 Elkhart, IN 46514-9482
This exceptional commercial property, located at 30879 Old US 20 in Elkhart, Indiana, presents a unique investment opportunity. Situated on a 0.41-acre lot, the single-story building boasts a prime location with high traffic visibility, making it ideal for a variety of businesses. The property features a spacious retail area or showroom, complemented by several private offices, providing ample space for administrative functions. A significant advantage is the inclusion of over 2800 square feet of warehouse space, accessible via two 10-foot overhead doors, opening up possibilities for storage, manufacturing, or distribution. The building's functionality is further enhanced by multiple security systems, ensuring the safety and security of both occupants and inventory. Ample parking is available on-site, catering to the needs of employees and customers. The flexible layout allows for the potential division into separate units, presenting an attractive option for generating rental income through leasing individual spaces. This property offers a compelling blend of retail, office, and warehouse space, making it a highly desirable asset in a thriving commercial area. The asking price is $475,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Elkhart, INElkhart. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.