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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

516 Main St Elkhart, IN 46516

11,700 SF Built 1910
Property ID
US31-0049934
Property summary
AI-generated overview

This exceptional mixed-use property at 516 S. Main St, Elkhart, Indiana, presents a rare opportunity to lease a 750-square-foot executive office suite. Located in the heart of downtown Elkhart, this building boasts a rich history, having been constructed in 1910. The property is situated on a 0.13-acre lot and comprises a total of 11,700 square feet, currently offering multiple tenancies. The building's classification includes both retail and office space, reflecting its versatile nature and potential for a variety of businesses. The available 750 square feet provides ample space for a growing company or an established professional seeking a prestigious downtown address. The building's prime location in Elkhart County offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the community. The property's blend of historical charm and modern functionality creates a unique and desirable workspace. This is an excellent opportunity to secure a well-located, historically significant office space in a thriving Indiana city. The zip code is 46516. Serious inquiries are encouraged to explore this leasing opportunity further. Currently, 750 square feet are vacant within the larger 11,700 square foot building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1910
Total area 11,700 SF
UPID US31-0049934
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
Current use
Occupant on record · Public records
  • Lacasa, Inc. - Elkhart Charitable Organization Social Service Agency
  • Heart of the Arts Vocational School
  • Notre Dame Federal Credit Union Mortgage Center Credit Union
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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