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Investment Highlights

  • 2 Overhead Doors and 2 Docks (1 each East Building, 1 each West Building)
  • Both lots and parking are fully fenced
  • Heavy Power
  • M1 - Light Manufacturing

Executive Summary

Well maintained industrial buildings located in downtown Elkhart on Lafayette Street, west of Main Street. Sale includes 2 buildings and a 0.46 acre parking lot.
The property is 100% occupied by two tenants: MX5, a leading provider of contract manufacturing and supply chain solutions specializing in metal fabrication, machining, welding, assembly, and logistics services; and Solsta, a leading designer and manufacturer of advanced battery packs, chargers, and power management solutions for mission-critical applications serving industries such as medical, military, aerospace, industrial, and energy.?
Heavy Power:
East Building: 480 volt three phase 1200 amp
West Building: Total of three services
240 volt single phase 800 amp
480 volt three phase 1200 amp
480 volt three phase 6000 amp
Inside we have a transformer 500kva that feeds two buss ducts 800 amp each.

Data Room Click Here to Access

Property Facts

Price $1,750,000
Price Per SF $26.56
Sale Type Investment
Cap Rate 7.82%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 3.26 AC
Rentable Building Area 65,891 SF
No. Stories 1
Year Built 1940
Parking Ratio 1.37/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning M1

Amenities

  • Fenced Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 21,826 SF
  • Industrial
  • Full Build-Out
  • 30 Days

The East Building offers 21,826 SF of industrial space on a professionally maintained shared parcel with access to a common parking area. The property is fully fenced, zoned M1 – Light Manufacturing, and features one overhead door, one dock, and 1,200-amp, 480-volt, three-phase power. The 3.26-acre site includes a 0.46-acre parking lot and provides secure on-site parking and outdoor storage potential.

Space Size Space Use Build-Out Available
1st Floor 21,826 SF Industrial Full Build-Out 30 Days

1st Floor

Size
21,826 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
30 Days

1st Floor

Size 21,826 SF
Space Use Industrial
Build-Out Full Build-Out
Available 30 Days

The East Building offers 21,826 SF of industrial space on a professionally maintained shared parcel with access to a common parking area. The property is fully fenced, zoned M1 – Light Manufacturing, and features one overhead door, one dock, and 1,200-amp, 480-volt, three-phase power. The 3.26-acre site includes a 0.46-acre parking lot and provides secure on-site parking and outdoor storage potential.

Somewhat walkable
30/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
20-06-08-161-022.000-012
Land Assessment
$75,000
Improvements Assessment
$868,000
Total Assessment
$943,000
  • Listing ID: 35581454

  • Date on Market: 4/22/2025

  • Last Updated:

  • Address: 1101 S Lafayette St, Elkhart, IN 46516

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