1117 West Beardsley Avenue

Elkhart, IN 46514

$225,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Maximize your investment with this versatile 4,800 Sq Ft commercial space, prominently located in a high-traffic area (avg 7,000 vehicles/day) near downtown Elkhart. This expansive building, currently hosting a vibrant gym, boasts an urban industrial style that's completely updated. The interior, with its open layout, high ceilings, and modern finishes, provides an ideal backdrop for a range of business ventures. Large windows flood the space with natural light, enhancing the sleek, contemporary...Maximize your investment with this versatile 4,800 Sq Ft commercial space, prominently located in a high-traffic area (avg 7,000 vehicles/day) near downtown Elkhart. This expansive building, currently hosting a vibrant gym, boasts an urban industrial style that's completely updated. The interior, with its open layout, high ceilings, and modern finishes, provides an ideal backdrop for a range of business ventures. Large windows flood the space with natural light, enhancing the sleek, contemporary vibe. The gym setup showcases the potential for fitness-related uses, but the building's flexible zoning allows for various commercial applications. At the offered price, this property presents exceptional value, with space and condition surpassing market expectations. The current tenant, eager to continue under a new lease, ensures immediate income, with room to adjust terms to market rates. Strategically situated to capitalize on Elkhart's growth, this property promises high visibility and accessibility. Whether for an owner-operator or an investor seeking a solid asset with growth potential, this commercial building stands out as a smart acquisition.
  1. Listed by Nick Benninghoff • Cressy & Everett - South Bend

Property Details for 1117 West Beardsley Avenue

Subdivision
Briggsdale
Waterfront
No
Water Features
None

Location

Listing Courtesy of Cressy & Everett - South Bend
Add your commute
LISTING UPDATED: 01/31/2024 02:58 AM

Property Details for 1117 West Beardsley Avenue

StatusActive
MLS #202402872
Days on Market91
Taxes$2,401 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1947
Lot Size0.15 AC / 6,621 SF
CountyElkhart County

Location

Listing Courtesy of Cressy & Everett - South Bend
Add your commute

Building Information for 1117 West Beardsley Avenue

Stories1Residences-Year Built1947Lot Size0.15 AC / 6,621 SF

Payment Calculator

$1,428 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,228

Property Taxes

$200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1117 West Beardsley Avenue

Summary
Location and General Information
  • Area: Elkhart County
  • City: Elkhart
  • Zip + 4: 2225
  • Zip Code: 46514
  • City Zoning: B-2 Community Business District
  • State: IN
  • Township: Concord
  • Cross Street: N Ward St.
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Road Access: City
  • Inside City Limits: Yes
  • Zoning Description: Community Business District
  • Fips Code: 18039
  • Directions To Property: Property is located on South side of W Beardsley Ave between Ward and Pleasant; next to JD's Watering Hole
  • Location: City
Taxes and HOA
  • Parcel Description: 0-2.9999
  • Assessed Value $: $79,300.00
  • Annual Taxes: $2,401
  • Year Taxes Payable: 2023
  • Parcel Number Id: 20-06-06-253-006.000-012
Parking
  • Number Of Parking Spaces: 12
  • Parking: Lot, Off-Street, Paved
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 39'x166'
  • Lot Number: 5
  • Approx Lot Size Sqft: 6621.0
Property and Assessments
  • New Construction: No
  • Year Built: 1947
  • Age: 77
  • Documents Available: Lease
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City, Public
  • Water Utility: City, Public
Interior and Exterior Features
Exterior Features
  • Exterior: Block
  • Platted: Yes
  • Road Surface: Asphalt
  • Roof Material: Build-Up, Flat, Rolled, Rubber
Interior Features
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: None
  • Flooring: Concrete, Vinyl
  • Heating/Fuel: Electric, Gas, Forced Air
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1
Income & Expenses Information
  • Gross Monthly Rent: $1,500

Property History for 1117 West Beardsley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1117 West Beardsley Avenue

Taxable ValueLand$30,500Additions$48,800Total$79,300
Tax Record2022$5,221 ($435 / month)
Home Facts
Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories1Lot Size6,621 SqFtStyleMiscellaneous CommercialYear Built1947ZoningZO01CountyELKHARTAPN20-06-06-253-006.000-012

Schools near 1117 West Beardsley Avenue

This home is within Elkhart Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - PK to 11
Public - 9 to 12
Rating
School
Distance
Daly Elementary School
PublicK to 6

West Side Middle School
Public7 to 8

Elkhart Area Career Center
PublicPK to 11

Elkhart Memorial High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1117 West Beardsley Avenue is a mixed use property for sale in Elkhart, IN 46514. This property was listed for sale on January 29, 2024 by Cressy & Everett - South Bend, it's currently listed at $225,000. It has been on the market for a total of 91 days and was last sold on March 12, 2021. This listing's school district is Elkhart Community Schools. Nearby schools include Daly Elementary School, West Side Middle School and Elkhart Area Career Center. 1117 West Beardsley Avenue is a 0-bed, 0-bath, mixed use property built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cressy & Everett - South Bend

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.