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131 E Franklin St
Elkhart, IN 46516
 Office Property For Sale

Office Spaces Indiana Elkhart 131 E Franklin St, Elkhart, IN 46516

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INVESTMENT HIGHLIGHTS

  • MULTI-TENANT PROPERTY | MAJORITY OCCUPIED BY NNN BANK TENANT
  • RECENT ROOF REPLACEMENT AND RENOVATIONS
  • EASTERN REGION CORPORATE OFFICE | LONG-TERM OCCUPANCY
  • 2ND HIGHEST DEPOSIT COUNT AMONG 1ST SOURCE BANKS
  • RECENT 10-YEAR LEASE EXTENSION | 1ST SOURCE BANK
  • NATIONALLY REGISTERED HISTORIC BUILDING | EXCEPTIONAL CURB APPEAL

EXECUTIVE SUMMARY

Exclusively Listed By:
Carson Jeremiah | Associate Director | 469.949.7540 | cjeremiah@tradenetlease.com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com
In association with Mitch Doner | IN License #: RB14048527

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
18,810 SF
Building Class
C
Year Built/Renovated
1865/2025
Price
$3,096,000
Price Per SF
$164.59
Cap Rate
8%
NOI
$247,708
Percent Leased
99%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,270 SF
Building FAR
1.27
Lot Size
0.34 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CBD - Commercial

AMENITIES

  • Banking

LINKS

PROPERTY TAXES

Parcel Number 20-06-05-476-018.000-012 Improvements Assessment $1,284,600
Land Assessment $73,900 Total Assessment $1,358,500

PROPERTY TAXES

Parcel Number
20-06-05-476-018.000-012
Land Assessment
$73,900
Improvements Assessment
$1,284,600
Total Assessment
$1,358,500
 

  • Listing ID: 39012963

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 131 E Franklin St, Elkhart, IN 46516

More public record information on 131 E Franklin St, Elkhart, IN 46516

The Downtown Elkhart Office Property at 131 E Franklin St, Elkhart, IN 46516 is currently available. Contact B + E for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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