Fantastic redevelopment or investment opportunity on heavily traveled CR 6 E (over 18,000 cars daily) just off the corner with SR 19 (over 20,000 cars daily, INDOT Traffic Counts) right in the heart of a strong retail corridor. Sitting on 3.42 acres boasting nearly 400 FT of frontage, and zoned PUD: Planned Unit Development, this property allows for a wide array of mixed-use developments. The property also consists of a fully leased 16,150 SF building with below market rents that have plenty of ability for increases. 3-way liquor license is included in the price used by Margarita's Mexican Restaurant. Each unit has individually metered gas forced air heating, central A/C, 200-amp electrical service, handicap accessible restrooms, water heaters, furnace rooms, and storage areas. Great proximity, only 1 mile from the IN-Toll Road interchange at IN-19, 2 miles to Simonton Lake 2.5 miles from Downtown Elkhart, 4 miles to IN-17, 5.5 miles from the US-20 Bypass, and 15.5 miles to the University of Notre Dame. Taxes: $27,518,14. Tax Year: 2025, pay 2026. Zoned PUD: Planned Unit Development.
Listed By
Broker Name: Coldwell Banker Real Estate Group
Broker Contact: VM: 574-243-9522
Agent Name: John Piraccini
Shown By
Agent Name: Kyle Kalb
Agent Phone: (574) 596-5631
Broker Title: Cressy & Everett Real Estate
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705 E County Road 6 Road, Elkhart, IN 46514.
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