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    Elkhart, IN
    Retail

    Elkhart, IN Retail Space for Sale

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    9 properties
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    Mixed-Use Building with Retail and Apartments
    Updated: Jun 14
    Mixed-Use Building with Retail and Apartments

    209 S 2nd Street, Elkhart, IN 46516

    $399,900
    4,252 sqft 0.17 AC lot
    Mixed‑use downtown Elkhart building with main‑level commercial storefront plus two upper‑level residential apartments
    Two residential units, each 1 bedroom and 1 bathroom, with 10‑foot ceilings, hardwood floors, granite counters, and large windows
    Main‑level commercial layout includes an open secretary room, 5 office rooms, plus 2 bathrooms, a kitchen, and a storage room
    Central air cooling and off‑street parking available
    Fireplace included; building was built in 1915
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    This listing looks promising.

    Here's a quick look at some key insights for

    209 S 2nd Street, Elkhart, IN 46516

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $505K
      Above asking

    • Last Sold

      Jul 2017
      $32K

    • Property Type

      Commercial (General)
      Built 1915
    View Property Analytics
    Mixed-Use Building with Apartment
    Updated: Jul 1
    Mixed-Use Building with Apartment

    1165 Edwardsburg Avenue, Elkhart, IN 46514

    $215,000
    0.25 AC lot
    Two‑parcel mixed‑use building with retail on the main level and office/storage space
    Upper level includes a 2‑bedroom, 1‑bath apartment with kitchen, dining room, living room, and additional storage
    Year built 1910 commercial building with flat roof
    Basement walls have been professionally foam‑sprayed for improved insulation
    Mixed flooring throughout; property offers non‑mechanical finishing touches for buyer customization
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    High-Visibility B-2 Mixed-Use Property
    High-Visibility B-2 Mixed-Use Property

    23440 US 33, Elkhart, IN 46517

    $449,000
    1.04 AC lot

    Mixed-use commercial property with two B-2 parcels, multiple access points, and recent building improvements.

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    Retail Space on Nappanee Road
    Retail Space on Nappanee Road

    1206 N Nappanee St, Elkhart, IN

    Contact for pricing
    1,272 sqft 0.35 AC lot

    Retail space with excellent visibility and easy highway access.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Zoned B-2 Commercial Land
    Zoned B-2 Commercial Land

    21835 State Road 120, Elkhart, IN 46516

    $330,000
    1.93 AC lot

    Nearly two-acre B-2 site with an existing 1,400-sq-ft building suited for office or retail concepts.

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    Main Street Retail Restaurant Building
    Main Street Retail Restaurant Building

    3444 S Main Boulevard, Elkhart, IN 46517

    $329,000
    0.55 AC lot

    For-sale restaurant and retail building in Elkhart with longstanding operating history on S Main Boulevard.

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    Retail and Storage Opportunity
    Retail and Storage Opportunity

    1651 Toledo Rd, Elkhart, IN 46516

    $995,000
    23,060 sqft

    Mixed-use facility with retail and storage spaces for sale.

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    Retail Space on Nappanee Road
    Retail Space on Nappanee Road

    1206 N Nappanee St, Elkhart, IN 46514

    Contact for pricing
    1,272 sqft

    1,272 SF retail space with high visibility for sale.

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    Elkhart Retail Space For Sale
    Elkhart Retail Space For Sale

    3365 S Main St, Elkhart, IN 46517

    $1,295,000
    3,482 sqft

    Retail space with high visibility on Main Street and US 20.

    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 9 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Property with Parking
    Historic Mixed-Use Property with Parking

    118 116 N Main Street, Goshen, IN 46526

    $299,000
    0.16 AC lot

    Two-building mixed-use asset with on-site parking and flexible office-to-retail or restaurant layout options.

    View details
    Mishawaka Industrial Building Redevelopment Opportunity
    Mishawaka Industrial Building Redevelopment Opportunity

    301 Lincolnway E., Mishawaka, IN 46544

    $600,000
    12,374 sqft

    12,234 SF industrial building in downtown Mishawaka for sale.

    View details
    Retail Storefront with Apartment
    Retail Storefront with Apartment

    212/214 W Pike Street, Goshen, IN 46526

    $395,000
    0.25 AC lot

    For sale storefront property offers retail or service space plus a currently rented two-bedroom apartment.

    View details
    Mishawaka Retail/Industrial Opportunity
    Mishawaka Retail/Industrial Opportunity

    55955 Hoosier Ave, Mishawaka, IN 46545

    $320,000
    7,148 sqft

    Two-parcel property near McKinley Ave, suitable for retail/industrial use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    Off-Market Properties in Elkhart, IN

    Consider similar Off-Market properties in Elkhart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    202 Indiana Ave
    RETAIL STORES (PERSONAL SERVICES)

    202 Indiana Ave, Elkhart, IN 46516-3928

    Value Estimation by Request
    1,790 sqft 0.03 AC lot
    View details
    28445 Old Us 33
    RETAIL STORES (PERSONAL SERVICES)

    28445 Old Us 33, Elkhart, IN 46516-1719

    Value Estimation by Request
    2,880 sqft 0.22 AC lot
    View details
    2500 Nappanee St
    RETAIL STORES (PERSONAL SERVICES)

    2500 Nappanee St, Elkhart, IN 46517-1029

    $595,000
    Estimated value
    4,800 sqft 2.93 AC lot
    View details
    1220 Bristol St
    RETAIL STORES (PERSONAL SERVICES)

    1220 Bristol St, Elkhart, IN 46514-2112

    $595,000
    Estimated value
    22,825 sqft 0.80 AC lot
    View details
    706 Main St
    RETAIL STORES (PERSONAL SERVICES)

    706 Main St, Elkhart, IN 46516-3714

    Value Estimation by Request
    3,239 sqft 0.12 AC lot
    View details
    102 Hively Ave
    RETAIL STORES (PERSONAL SERVICES)

    102 Hively Ave, Elkhart, IN 46517-2194

    $1,765,000
    Estimated value
    14,650 sqft 1.43 AC lot
    View details
    101 Main St
    RETAIL STORES (PERSONAL SERVICES)

    101 Main St, Elkhart, IN 46516-3038

    $645,000
    Estimated value
    16,536 sqft 0.47 AC lot
    View details
    1419 Scott St
    RETAIL STORES (PERSONAL SERVICES)

    1419 Scott St, Elkhart, IN 46516-2110

    Value Estimation by Request
    9,776 sqft 0.50 AC lot
    View details
    201 Marion St
    RETAIL STORES (PERSONAL SERVICES)

    201 Marion St, Elkhart, IN 46516-3232

    Value Estimation by Request
    2,136 sqft 0.13 AC lot
    View details
    200 Indiana Ave
    RETAIL STORES (PERSONAL SERVICES)

    200 Indiana Ave, Elkhart, IN 46516-3928

    Value Estimation by Request
    1,996 sqft 0.03 AC lot
    View details
    2320 Lexington Ave
    RETAIL STORES (PERSONAL SERVICES)

    2320 Lexington Ave, Elkhart, IN 46514-1418

    Value Estimation by Request
    5,112 sqft 0.87 AC lot
    View details
    28766 County Rd 20
    RETAIL STORES (PERSONAL SERVICES)

    28766 County Rd 20, Elkhart, IN 46517-1177

    Value Estimation by Request
    3,040 sqft 0.41 AC lot
    View details
    3405 Main St
    RETAIL STORES (PERSONAL SERVICES)

    3405 Main St, Elkhart, IN 46517-3125

    Value Estimation by Request
    2,656 sqft 0.69 AC lot
    View details
    1800 Bristol St
    RETAIL STORES (PERSONAL SERVICES)

    1800 Bristol St, Elkhart, IN 46514-3965

    Value Estimation by Request
    7,500 sqft 0.49 AC lot
    View details
    2033 Borneman Ave
    RETAIL STORES (PERSONAL SERVICES)

    2033 Borneman Ave, Elkhart, IN 46517

    Value Estimation by Request
    2,560 sqft 1.44 AC lot
    View details

    Elkhart, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Elkhart, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 30,794 square feet of properties for sale, with an estimated market value of $2,689,900.

    Sale prices for retail space in Elkhart, IN start at $399,900, averaging $896,633, and reaching up to $1,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 7
    Storefront properties 6
    Shopping centers 5
    Auto shops 3
    Banks 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) -0.8%
    Median Household Income $57,378
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

    Identify Elkhart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46516 $473.3K
    46514 $487.5K
    46517 $872K

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $42.55 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

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