For Sale
$349,000

2501 Lexington AveElkhart, IN 46514

2,880 SF Warehouse/Distribution Space

Overview

Added:
Dec 11, 2024
Days on market:
117
This 2,880 square foot industrial building, situated on a 2.22-acre lot in Elkhart, Indiana, presents a compelling investment opportunity. Previously used as an automotive shop, the property offers versatile space suitable for various uses, including automotive service and sales, small-scale fabrication, or transportation-related businesses. The building boasts over one acre of secured storage space behind it, providing ample room for inventory or equipment. Its location on the west side of Elkhart offers convenient access to major transportation arteries, including US 20 Bypass and the Indiana Toll Road (I-80/90) via State Road 19. This central location provides easy access to both Elkhart and Mishawaka. A unique feature is deeded river access, presenting potential for a boat slip. Furthermore, the property has a history of generating $5,000 to $10,000 annual income as a potential U-Haul franchisee, adding to its investment appeal. The property is located at 2501 W Lexington Ave, Elkhart, IN 46514. This is a single-building property with a listed asking price of $349,000.

Highlights

  • $349,000 asking price.
  • 2,880 square foot industrial building on a 2.22-acre lot.
  • Former automotive shop suitable for automotive, fabrication, or transportation uses.
  • Excellent location in Elkhart, IN, near US 20 Bypass and Indiana Toll Road (I-80/90).
  • Includes over one acre of secured rear storage and deeded river access.
  • Potential for U-Haul franchise income.

Property Details for 2501 Lexington Ave

Property type
Warehouses, Retail properties
Square Feet
2,880 SF
Buildings
1
Lot Size (sq. ft)
96,703 SF

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6850295
Longitude
-86.0105229
2501 Lexington Ave, Elkhart, Indiana

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2501 Lexington Ave
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