Description
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.
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0.86ACRES
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01/2 BATHS
School Ratings & Info
Description
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.
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