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125 N Main St
Elkhart, IN 46516
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property is located within the Riverfront Development District, where a future buyer/owner would be eligible for a Riverwalk Liquor License.
- Grass courtyard on the south side of the building.
- Free standing brick building with endless potential, and private parking.
- 3,360SF of main retail space with two entrances. 3,360SF second floor space which at one time was two separate apartments. 3,360SF basement.
- Located west of the Elkhart Riverwalk. Within walking distance to many retailers, banks, restaurants, County and City Buildings, and Lerner Theatre.
- Property is famous for Paul Thomas Shoe Store!
EXECUTIVE SUMMARY
This property is located in the Riverfront Development District, offering the opportunity for a Riverwalk Liquor License. It includes 3,360 square feet of main retail space with two entrances, plus an additional 3,360 square feet upstairs that was once two apartments, along with a spacious basement.
Inside, you'll find beautiful original touches like tin ceilings, wood floors, and charming wood trim. The property includes a lovely grass courtyard on the south side, perfect for a little outdoor relaxation. It's just west of the Elkhart Riverwalk, with shops, restaurants, and the Lerner Theatre nearby, plus access to the Elkhart Urban Trolley bus route.
Inside, you'll find beautiful original touches like tin ceilings, wood floors, and charming wood trim. The property includes a lovely grass courtyard on the south side, perfect for a little outdoor relaxation. It's just west of the Elkhart Riverwalk, with shops, restaurants, and the Lerner Theatre nearby, plus access to the Elkhart Urban Trolley bus route.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
10,080 SF
Building Class
C
Year Built
1910
Price
$551,388 CAD
Price Per SF
$54.70 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.59
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
30 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 20-06-05-402-013.000-012 | Improvements Assessment | $362,487 CAD |
| Land Assessment | $85,357 CAD | Total Assessment | $447,844 CAD |
PROPERTY TAXES
Parcel Number
20-06-05-402-013.000-012
Land Assessment
$85,357 CAD
Improvements Assessment
$362,487 CAD
Total Assessment
$447,844 CAD
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