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720 W Bristol St 35,119 SF Retail Building Elkhart, IN 46514 $1,595,000 ($45.42/SF)
INVESTMENT HIGHLIGHTS
- Prime retail location with frontage on SR 19 at a signaled intersection.
EXECUTIVE SUMMARY
Prime retail location on the North-West side of Elkhart, IN, just south of the Elkhart Municipal Airport. The building features a large showroom with offices and restrooms, separate service entrance with waiting room, service area, parts area with parts counter, warehouse area with offices, restrooms, and breakroom, compressor room, dyno tuning room for motorcycles, and a security system. The exterior of the building features just over 2 acres of paved parking area, a fenced in storage area in rear of the building, and additional undeveloped land on the northside. The property has an entrance on Bristol St (SR 19) with a large pole mounted sign and multiple entrances on CR 7 with a second large pole mounted sign. The owner may consider a lease option on the property.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$20,966
|
$0.69
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$20,966
|
$0.69
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $20,966 |
| Annual Per SF | $0.69 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $20,966 |
| Annual Per SF | $0.69 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
35,119 SF
Building Class
C
Year Built
1975
Price
$1,595,000
Price Per SF
$45.42
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.11
Lot Size
7.30 AC
Zoning
B-3 & B-2 - Front parcel is zoned B-3 while the undeveloped land to the north is zoned B-2.
Parking
108 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Fenced Lot
- Pylon Sign
- Security System
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 20-02-31-277-016.000-027 | Total Assessment | $869,500 (2025) |
| Land Assessment | $182,500 (2025) | Annual Taxes | $20,966 ($0.60/SF) |
| Improvements Assessment | $687,000 (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
20-02-31-277-016.000-027
Land Assessment
$182,500 (2025)
Improvements Assessment
$687,000 (2025)
Total Assessment
$869,500 (2025)
Annual Taxes
$20,966 ($0.60/SF)
Tax Year
2024 Payable 2025
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720 W Bristol St
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