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Billie Shively

billie.shively@exprealty.com +1(574) 527-1533

Listed by R1 Property Group LLC

$ 400,000

Est. payment | -/mo

10 Baths

1.15 Acres Lot

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$ 400,000

Est. payment | -/mo

Save Virtual Tour

10 Baths

1.15 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202631808

HOA Y/N No

Year Built 1960

Lot Size 1.150 Acres

Acres 1.15

Lot Dimensions 2 parcels/4 lots

Property Sub-Type Other

Property Description

Exceptional commercial opportunity in the heart of downtown Elkhart offering ~21,891 sq. ft. of versatile multi-use space on a 1.15-acre lot. Built to host large gatherings, this prominent facility features a grand sanctuary/event hall, flexible administrative and breakout offices, and a full industrial kitchen. Located steps from The Lerner Theatre, local dining, and core downtown amenities, the property boasts prime transit access and strong redevelopment potential for adaptive reuse. Buyers may leverage various local economic incentive programs, including the EUEA Façade & Placemaking Grant (matching up to $5,000), Gateway Mile Loan Fund, Aurora Capital Loan Fund, as well as TIF and tax abatement options through the City of Elkhart Department of Development Services. All grant, loan, and tax incentive opportunities are subject to application, city guidelines, and approval; buyers should independently verify eligibility with the City of Elkhart Department of Development Services.

Location

State IN

County Elkhart County

Rooms

Basement Full

Interior

Heating Electric, Other, Multiple Heating Systems

Inclusions Building

Fireplace N

Exterior

Parking Features Parking Lot, Off Street, Private, On Street

View Y/N true

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Pets Allowed No

Tax ID 20-06-05-453-007.000-012

Acceptable Financing IRM202631808

Listing Terms IRM202631808

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202631808

Nearby Locations

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Billie Shively

REALTOR®, Broker Associate Lic# RB22001465

billie.shively@exprealty.com

+1(574) 527-1533

2174 N Pointe Dr, Warsaw, IN 46582, USA

431 S 3rd ST Elkhart, IN 46516

Billie Shively

Key Details

Location

Rooms

Interior

Exterior

Building

Others

431 S 3rd ST