121 Franklin, Elkhart, IN 46516
Overview
| MLS ID: | #202312400 |
|---|---|
| Price: | $ 3,999,999 |
| Sq Ft: | 100,700 |
| Office SqFt: | 100,700 |
| Lot Size: | 0.86 Acres |
| Year Built: | 1974 |
| Zoning: | |
| Taxes: | $ 34,806 |
PRIME DOWNTOWN ELKHART LOCATION- Key value ad investment opportunity. Five story, 115,700 square foot mixed use commercial building, located in the nation’s largest RV manufacturing hub. Elkhart’s Central Metropolitan District. Walking distance to Hilton Hotel, City Park Center, Lerner Theatre, River Walk, and new amphitheater! Easily convertible to multifamily, office, retail, hospitality, medical and other uses. Sold with 2 adjacent lots with 65 car parking. 3.5 miles from interstate expressways 90/80. 8.5 miles from the new Amazon fulfillment facility. 16 miles from Notre Dame University. 25 minutes to Elkhart Municipal and South Bend International Airports. Investors can realize 15% or higher cash on cash return at full occupancy through soft repositioning and long-term leasing strategies. Federally qualified Opportunity zone. City zoning ordinance permits multiple uses.
MLS ID: 202312400
Details
| Planned Unit Dev | No |
|---|---|
| Auction | No |
| New Construction | No |
| Number of Buildings | 1 |
| Building 1 | |
| Bldg 1 Above Ground SF | 100,700 |
| Bldg 1 Below Ground SF | 15,000 |
| Bldg 1 Stories | 5 |
| Bldg 1 Finished Office SF | 100,700 |
| Lot Dimensions | 0 |
| Approx Lot Size SqFt | 37,461 |
| Approx Lot Size Acres | 1 |
| Ceiling Height | 16 |
|---|---|
| Road Access | City |
| Parking | Yes |
| Parking | Lot, Off-Street, Street |
| Parking Type | Parking Lot(s) |
| Total Restrooms | 10 |
| Interior Height | 16 |
| Column Spacing | 38 |
| Ingress/Egress | Concrete |
| Water Front | No |
|---|
| Currently Leased | No |
|---|---|
| Lease Term Remaining | None |
| Sprinkler System | No |
|---|---|
| Signs | No |
| Fire Doors | Yes |
| Enterprise Zone | No |
| Sale Includes: | Building |
| Heating/Fuel | None |
| Cooling | None |
| Exterior | Concrete, Other |
| Roof Material | Asphalt, Flat |
| Interior Walls | Block, Concrete, Drywall |
| Flooring | Mixed |
| Water Utility | City |
|---|---|
| Sewer | City |
| Special Features | 440 Volts, Single Phase, Dock Leveler, Loading Dock 1, Alley, Basement, Office Space, Reception Area |
| Annual Taxes | $34,806.02 |
|---|
Listing Office: @properties | Christie's International Real Estate
Listing Agent: Kaileyne Krask
Disclaimer:
Mortgage
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