Elkhart, IN Storefront Properties for Sale

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Updated: Jun 14

Two-Story Mixed-Use Building

209 S 2nd Street, Elkhart, IN 46516

$399,900

4,252 sqft 0.17 AC lot

4,252‑square‑foot mixed‑use building on a 0.17‑acre parcel
Two upper‑level apartments, each with 1 bedroom and 1 bathroom
Main‑level commercial area includes 5 office rooms, 2 bathrooms, kitchen, and storage
Built in 1915 with 10‑foot ceilings, hardwood flooring, granite counters, and large windows in the apartments
Downtown Elkhart location near restaurants, shops, entertainment, and local employers

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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

7.9%
Above avg (5.9%)
Est. NOI

$32K
Annual
Price @ 7% Cap

$450K
Above asking
Last Sold

Jul 2017
$32K
Property Type

Commercial (General)
Built 1915

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Updated: Jul 1

Mixed-Use Building with Apartment

1165 Edwardsburg Avenue, Elkhart, IN 46514

$199,000

0.25 AC lot

Two parcels totaling 0.25 acres
Main‑level retail, office, and storage areas
Upper‑level 2‑bedroom, 1‑bath apartment
Apartment includes kitchen, dining room, living room, and storage
1910 building with a basement and flat roof

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Mixed-Use Building with Apartments

121 & 123 S Main Street, Elkhart, IN 46516

$795,000

0.18 AC lot

Two commercial units are paired with six apartments, lofts, and a balcony.

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Mixed-Use Building With Fenced Yard

23440 Us 33, Elkhart, IN 46517

$449,000

3,486 sqft

B-2 zoning, multiple access points, and outdoor storage support a range of commercial applications.

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Mixed-Use Property with Storefront

1007 S Main Street, Elkhart, IN 46516

$140,000

0.14 AC lot

Main-level commercial space is paired with two separately metered rear rental units.

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Storefront Property with Off-Street Parking

3444 S Main Boulevard, Elkhart, IN 46517

$329,000

0.55 AC lot

Existing improvements include central air, tile flooring, and a rubber roof.

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Mixed-Use Property with Rental Units

1007 S Main St, Elkhart, IN 46516

$140,000

2,151 sqft

Main-level storefront is paired with two separately metered rear rental units.

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Freestanding Retail Building with Parking

727 W Beardsley Ave, Elkhart, IN 46514

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790 sqft 0.06 AC lot

Freestanding brick retail building with a reception area, overhead door, and paved parking on a corner lot.

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Mixed-Use Downtown Retail and Office

522-524 S. Main Street, Elkhart, IN 46516

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5,485 sqft

Two street-level retail/office suites and an upper apartment are currently leased, providing established monthly income.

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Remodeled Retail Storefront with Rear Door

923 S Main St, Elkhart, IN 46516

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2,224 sqft

Newly remodeled retail or service building with large front display windows and an overhead door at the rear.

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Mixed-Use Building with Storefronts

121 & 123 S Main Street, Elkhart, IN 46516

$795,000

Multi-tenant building features two Main Street storefront units and six apartments above, plus a 2024 roof.

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Retail Space with Rear Parking

2843 S Main Street, Elkhart, IN 46517

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Existing salon improvements include vinyl windows and a recently replaced roof.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 12 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 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.

Mixed-Use Property with Apartment

212 /214 W Pike St, Goshen, IN 46526

$395,000

3,626 sqft

Commercial space includes a two-bedroom apartment and supports retail, office, or service-oriented operations.

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Mixed-Use Property with Apartment

212/214 W Pike Street, Goshen, IN 46526

$395,000

0.25 AC lot

Commercial property with central air, off-street parking, and a two-bedroom residential component.

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Freestanding Retail Building

922 Division St, Mishawaka, IN 46545

Contact for pricing

Freestanding commercial building with offices, kitchen, 100% HVAC, municipal utilities, pylon signage, and 16 parking spaces.

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Mixed-Use Property with Retail Space

223 E McKinley Ave, Mishawaka, IN 46545

Contact for pricing

Two-building commercial property combines ground-floor retail, a furnished apartment, and a vacant rear building under C-1 zoning.

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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.

Commercial Land with Existing Structures

516 E County Road 6, Elkhart, IN 46514

$1,950,000

3.14 AC lot

B2-zoned commercial land with a block building, residential structure, and established corridor exposure.

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Elkhart Commercial Land For Sale

928 Parkway Avenue, Elkhart, IN 46516

$115,000

0.56 AC lot

Commercial land available within the Parkway development, Elkhart, Indiana.

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Elkhart Commercial Land For Sale

924 Parkway Avenue, Elkhart, IN 46516

$115,000

0.56 AC lot

Commercial land available in Elkhart, Indiana, zoned B-3.

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Elkhart Commercial Land For Sale

920 Parkway Avenue, Elkhart, IN 46516

$115,000

0.53 AC lot

Commercial land available within the Parkway development, Elkhart, Indiana.

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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.

Lifestyle centers

516 Co Rd, Elkhart, IN 46514

Value Estimation by Request

3.20 AC lot

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Elkhart, IN Storefront Properties Market Trends and Statistics

Explore 13 storefront properties for sale in Elkhart, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 18,388 square feet of properties for sale, with an estimated market value of $3,246,900.

Sale prices for retail units in Elkhart, IN start at $140,000, averaging $405,862, and reaching up to $795,000 — 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

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
46517	$389K
46516	$464K
46514	$500K

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%

Property Size Breakdown

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

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