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228-246 Waterfall Dr 30,978 SF 95% Leased Office Building Elkhart, IN 46516 $4,104,378 CAD ($132.49 CAD/SF)



Investment Highlights
- 100% OCCUPIED by professional office users. Long term tenants.
Executive Summary
23,180 SF situated on 3.49 acres. Located on the Elkhart River in Downtown Elkhart within walking distance to restaurants, county and city buildings, banking institutions, IUSB - Elkhart, public library, etc. Within the Gateway Mile Fund District. Includes balconies and decks. 100 % OCCUPIED. Contact Broker for Offering Memorandum.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
30,978 SF
Building Class
B
Year Built
1985
Price
$4,104,378 CAD
Price Per SF
$132.49 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,650 SF
Slab To Slab
14’
Building FAR
0.20
Lot Size
3.49 AC
Opportunity Zone
Yes
Zoning
Commercial / CBD - CBD. Central Business District.
Parking
88 Spaces (3.8 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Property Manager on Site
- Signage
- Skylights
- Waterfront
- Central Heating
- High Ceilings
- Natural Light
- Reception
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-06-05-480-032.000-012 | Improvements Assessment | $1,607,010 CAD |
| Land Assessment | $330,992 CAD | Total Assessment | $1,938,002 CAD |
Property Taxes
Parcel Number
20-06-05-480-032.000-012
Land Assessment
$330,992 CAD
Improvements Assessment
$1,607,010 CAD
Total Assessment
$1,938,002 CAD
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228-246 Waterfall Dr
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