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Executive Summary

Located on the southwest side of Elkhart with quick access to the US 20 Bypass. This building features 5,408/SF offices that will need to be remodeled due to flooding. The remediation has been done so they will just need to be finished. The warehouse area has 20’ ceilings in the main section, 2 docks, 8 overhead doors, airlines, and fire sprinklers on a private shared well. The building is available for Sublease or Outright purchase. The Tenant has approximately 2 year, 8 months remaining on the current Lease. Please contact me for further details.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $33,000 $0.44
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $33,000
Annual Per SF $0.44
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $33,000
Annual Per SF $0.44

Property Facts

Price $2,599,000
Price Per SF $36.19
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.19 AC
Rentable Building Area 71,810 SF
No. Stories 1
Year Built/Renovated 1970/2009
Tenancy Single
Parking Ratio 1.04/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 8
Zoning M-1 Manufacturing - Light Manufacturing

Amenities

  • Fenced Lot
  • Security System
  • Skylights

Utilities

  • Lighting - Fluorescent
  • Water - Well
  • Sewer - City
  • Heating - Electric

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 71,810 SF
  • Industrial
  • Full Build-Out
  • 30 Days

Located on the southwest side of Elkhart with quick access to the US 20 Bypass. This building features 5,408/SF offices that will need to be remodeled due to flooding. The remediation has been done so they will just need to be finished. The warehouse area has 20’ ceilings in the main section, 2 docks, 8 overhead doors, airlines, and fire sprinklers on a private shared well. The building is currently occupied and the sale or new lease will be subject to the Tenant’s rights.

Space Size Space Use Build-Out Available
1st Floor 71,810 SF Industrial Full Build-Out 30 Days

1st Floor

Size
71,810 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
30 Days

1st Floor

Size 71,810 SF
Space Use Industrial
Build-Out Full Build-Out
Available 30 Days

Located on the southwest side of Elkhart with quick access to the US 20 Bypass. This building features 5,408/SF offices that will need to be remodeled due to flooding. The remediation has been done so they will just need to be finished. The warehouse area has 20’ ceilings in the main section, 2 docks, 8 overhead doors, airlines, and fire sprinklers on a private shared well. The building is currently occupied and the sale or new lease will be subject to the Tenant’s rights.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
20-05-13-351-019.000-001
Land Assessment
$146,700 (2025)
Improvements Assessment
$2,145,700 (2025)
Total Assessment
$2,292,400 (2025)
Annual Taxes
$33,000 ($0.46/SF)
Tax Year
2024 Payable 2025
  • Listing ID: 39628744

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 57784 County Road 3, Elkhart, IN 46517

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