17 Parkway AveElkhart, IN 46516

Property Details for 17 Parkway Ave

Lot size

3.61 AC

Property type

Land

Description

This exceptional 3.61-acre commercial lot, located at Lot 17 Parkway Avenue in Elkhart, Indiana (zip code 46516), presents a unique investment opportunity. The property boasts over 330 feet of frontage on CR 17, making it ideally suited for a variety of commercial developments. Its B-3 DPUD zoning allows for diverse uses, including restaurants (with drive-through potential) and retail spaces. Imagine a restaurant occupying the prime frontage, with additional space at the rear for complementary retail businesses. This strategic location benefits from the proximity to a planned 253-unit apartment complex slated to begin construction in the fall of 2024, ensuring a robust and growing customer base. The lot offers significant square footage (157,252 square feet) and all utilities are already in place, making this a truly "shovel-ready" site. The property's APN is 20-07-07-151-004.000-039. This is one of the few remaining lots with CR 17 frontage, representing a rare chance to secure a prime location in a thriving Elkhart County market. The asking price for this exceptional property is $992,750. Don't miss this opportunity to capitalize on the growth potential of this highly desirable location.

Location Insight

City

Elkhart

County

Elkhart

State

Indiana

Latitude

41.6759

Longitude

-85.886

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