526 S Main Street Elkhart, IN $ 1,348,000
526 S Main Street
$ 1,348,000
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526 S Main Street

Elkhart, IN, 46516
$ 1,348,000
Bedrooms-- Baths10.0 Sq 14,254

Monthly Estimate*

$ 8,410

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Commercial Property for sale in Elkhart, IN

for $1,348,000 with 10 full baths. This 14,254 square foot building was built in 1920 on a lot size of 0.1.

Entrepreneurs, Dreamers, Investors-don't miss this once in a lifetime chance. Built in landmark marquis. Make your money back in 10 years or less! Three adjoining retail/multi-use buildings.The property is located on the 500 block of downtown Elkhart entertainment district. Much larger than it looks! Square footage includes 7700 sq.ft retail space. The unique property features a main restaurant location, a stage for live musical entertainment, with an adjoining smaller retail space that could operate independently. It can be operated as one business with multiple seating areas. Large commercial kitchen and 3 bar service facilities. Summer overflow can use the private outdoor patio seating and small stage for musicians. Banquet room in the lower level provides more income opportunity. Comedy nights there have been memorable. Access to a Downtown Elkhart Economic Development River Walk liquor license for $1000 annually that permits use as a night club. A 2nd parcel is included (20-06-05-478-015.000-012) that includes 3 leased apartments with private Main Street entrance. Private showings available. TURN KEY for restaurant/entertainment. Supporting rental income already in place. Seller is also offering for lease-terms negotiable.

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Commercial Active

Price

$ 1,348,000

Full Bath

10

Property Type

Commercial

Taxes

$ 12,102

Style

Restaurant/Bar

Lot Size

0.1

Year Built

1920

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202428647

Features
General
Heating Gas Forced Air Multiple Heating Systems
Cooling Central Air Multiple Cooling Units
Ceiling Height 18.5
Roof Rubber
Parking Yes Lot Paved Street
Sewer City
# of Buildings 3
Status Active Active
Bathrooms 10
Year Built 1920
New Construction No
Subdivision None
Stories Count 3
Township Concord
Class COMMERCIAL
Present Use Bus. Included w/Property Investment Property
Type Restaurant/Bar
Age 105
Inside City Limits Yes
Special Features Three Phase Handicap Access Alley Basement Public Restrooms Reception Area Security Fence Ventilating/Exhaust Fans Refrigeration/Freezer
REO No
Status Detail 0
Area Elkhart County
Location City
City Elkhart
Legal Description O L 44X95 FT LOT 25 & VAC 1 1/4 FT R W (TIF 75)
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202428647
Agent First Name Julie
Agent Last Name Circle
DOM 250
Tax Year 2025
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Exterior
Road Access City
Exterior Brick
Lot Size Area 4182
Lot Dimensions 88 x 95
Parking Type lot street
Fence Privacy
Waterfront Y/N No
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Interior
Flooring Carpet Ceramic Tile
Basement/Foundation Full Basement Outside Entrance
Walls Concrete
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* Excluded Features
List By
Julie Circle

Listing Agent

Keller Williams Realty Group

Broker

myhomebrokerjulie@gmail.com

Email

Affordability Calculator

$9,418
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,410
Monthly Property Taxes
$1,009
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2025$1,348,000 -10.01% Price Down
7/31/2024$1,498,000 Listed Price

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526 S Main Street, Elkhart, IN, 46516 is a Commercial Property for sale at $1,348,000 with 14,254 sqft and a lot size of 0.1. 526 S Main Street has 10.0 baths and was built in 1920. The property's zip code is 46516 which is in Elkhart, IN