1117 W Beardsley Avenue Elkhart, IN $ 225,000
1117 W Beardsley Avenue
$ 225,000
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1117 W Beardsley Avenue

Elkhart, IN, 46514
$ 225,000
Baths2.0 Sq 4,800

Monthly Estimate*

$ 1,572

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Studio

Commercial Property for sale in Elkhart, IN

for $225,000 with 2 full baths. This 4,800 square foot building was built in 1947 on a lot size of 0.15.

Maximize your investment with this versatile 4,800 Sq Ft commercial space, prominently located in a high-traffic area (avg 7,000 vehicles/day) near downtown Elkhart. This expansive building, currently hosting a vibrant gym, boasts an urban industrial style that's completely updated. The interior, with its open layout, high ceilings, and modern finishes, provides an ideal backdrop for a range of business ventures. Large windows flood the space with natural light, enhancing the sleek, contemporary vibe. The gym setup showcases the potential for fitness-related uses, but the building's flexible zoning allows for various commercial applications. At the offered price, this property presents exceptional value, with space and condition surpassing market expectations. The current tenant, eager to continue under a new lease, ensures immediate income, with room to adjust terms to market rates. Strategically situated to capitalize on Elkhart's growth, this property promises high visibility and accessibility. Whether for an owner-operator or an investor seeking a solid asset with growth potential, this commercial building stands out as a smart acquisition.

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Commercial Active

Price

$ 225,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 2,400

Style

Mixed Use

Lot Size

0.15

Year Built

1947

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202402872

Features
General
Heating Electric Gas Forced Air
Cooling None
Ceiling Height 8'
Roof Build-Up Flat Rolled Rubber
Parking Yes Lot Off-Street Paved
Sewer City Public
# of Buildings 1
Status Active Active
Bathrooms 2
Year Built 1947
New Construction No
Subdivision Briggsdale
Stories 1
Township Concord
Class COMMERCIAL
Present Use Investment Property
Type Mixed Use
Age 77
Business Name Bite Down Training
Inside City Limits Yes
Special Features Alley Office Space Reception Area
REO No
Area Elkhart County
Location City
City Elkhart
Street Name Beardsley
Legal Description BRIGGSDALE LOT 5
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202402872
Agent First Name Nick
Agent Last Name Benninghoff
DOM 87
Tax Year 2023
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Exterior
Road Surface Asphalt
Road Access City
Exterior Block
Number of Parking Spaces 12
Lot Size Area 6621
# of Docks 0
Lot Dimensions 39'x166'
Parking Type Parking lot
Water Features None
Waterfront Y/N No
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Interior
Flooring Concrete Vinyl
Basement/Foundation Slab
Walls Block Wood
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* Excluded Features
List By
Nick Benninghoff

Listing Agent

Cressy & Everett - South Bend

Broker

nickbenninghoff@cressyeverett.com

Email

Affordability Calculator

$1,772
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2024$225,000 Listed Price

Map


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1117 W Beardsley Avenue, Elkhart, IN, 46514 is a Commercial Property for sale at $225,000 with 4,800 sqft and a lot size of 0.15. 1117 W Beardsley Avenue is a studio with 2.0 baths and was built in 1947. The property's zip code is 46514 which is in Elkhart, IN