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500 N Nappanee St
Elkhart, IN 46514
Executive 500 Bldg · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • High traffic locationon 1.96 acres.
  • Natural light.
  • Large double sided marque.
  • Free on site parking.
  • Elevator to both floors.
  • Easy access to SR 19 North and South, US 20 ByPass, I80-90 Toll Road, US 20 to Mishawaka and South Bend, IN.

PROPERTY FACTS

Property Type
Office
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1973/2017
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
12’
Building FAR
0.23
Lot Size
1.96 AC
Zoning
C-1 - Commercial
Parking
93 Spaces (4.65 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Pond
  • Property Manager on Site
  • Security System
  • Signage
  • Central Heating
  • Fully Carpeted
  • Direct Elevator Exposure
  • Natural Light
  • Plug & Play
  • Drop Ceiling
  • Air Conditioning

ABOUT 500 N NAPPANEE ST , ELKHART, IN 46514

Strong upside potential investment. 20,000SF building on two floors, serviced by new elevator. Property is also offered for lease at $7.50/SF/YR, estimated NNN Charges for 2019 $5.35/SF/YR. Suite sizes range from 250SF to 2,500SF. Location is convenient to SR 19 North and South, US 20 ByPass, Hospital, Clinics, Medical offices, Elkhart Community Schools, etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-06-06-151-048.000-012
Land Assessment
$151,000
Improvements Assessment
$482,100
Total Assessment
$633,100
  • Listing ID: 13440137

  • Date on Market: 8/9/2018

  • Last Updated:

  • Address: 500 N Nappanee St, Elkhart, IN 46514

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