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1255 Oak St 219,980 SF Industrial Building Elkhart, IN 46514 $6,276,300 ($28.53/SF)
INVESTMENT HIGHLIGHTS
- Recent capital improvements including a new boiler, partial roof improvement work, and upgrades to HVAC-related equipment
- Versatile building sections, auxiliary structures, and large outdoor storage capacity
- Heavy power (6000 amps/480v-3 Phase) and manufacturing infrastructure (floor drains, bus ducts, air compression lines, cranes)
- Convenient access to I-80/90 and US 20 for regional distribution.
EXECUTIVE SUMMARY
1255 Oak St is a large industrial campus located just south of Bristol St in the core of Elkhart. The 219,980 square foot main facility occupies an 18.8-acre campus across three parcels and is further improved with several outbuildings. The campus has historically been used for copper pipe fittings since the 1950s. The main manufacturing area features 12' clear heights, docks and overhead doors, heavy power, 20'x30' column spacing, boiler heat, air compression lines, wet sprinkler, cranes, floor drains, and bus ducts. There is a 18,000 square foot receiving & saw area with 20' clear height and a 20' overhead door, There is a 26,200 square foot high-bay section with 10 docks (one of which is ramped), with 19.5' clear eave up to 24.5' clear max height, and thermocycler units, adjacent to a 70' clear hi-rise section with racking and a specialized pallet system in place. The building has two electrical services totaling 6,000 amps and also features 2 - 140-ton cooling towers. Additionally, there are several outbuildings and a significant amount of fenced, paved yard space.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $6,276,300 | Rentable Building Area | 219,980 SF |
| Price Per SF | $28.53 | No. Stories | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1952/1973 |
| Property Type | Industrial | Parking Ratio | 1.64/1,000 SF |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 15 |
| Building Class | C | No. Drive In / Grade-Level Doors | 19 |
| Lot Size | 18.80 AC | ||
| Zoning | M-2 - Industrial Manufacturing. | ||
| Price | $6,276,300 |
| Price Per SF | $28.53 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 18.80 AC |
| Rentable Building Area | 219,980 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1952/1973 |
| Parking Ratio | 1.64/1,000 SF |
| No. Dock-High Doors/Loading | 15 |
| No. Drive In / Grade-Level Doors | 19 |
| Zoning | M-2 - Industrial Manufacturing. |
AMENITIES
- Fenced Lot
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,424,600 (2024) | |
| Land Assessment | $527,900 (2024) | Total Assessment | $3,952,500 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$527,900 (2024)
Improvements Assessment
$3,424,600 (2024)
Total Assessment
$3,952,500 (2024)
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1255 Oak St
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