1120 Main StElkhart, IN 46514

For Lease
$7/SF/YR View listing
  • Industrial properties
  • 4.71 AC

Property Details for 1120 Main St

Year built
1985
Lot size
4.71 AC
Zone code
ZO01
Property type
Industrial properties
APN
20-02-32-451-011.000-027
APU
200232451011000027

Description

This exceptional Elkhart, Indiana commercial property, located at 1120 N. Main St, zip code 46514, offers a unique blend of office and warehouse space. The 281,434 square foot building sits on a 13.4-acre lot and features a two-story office component totaling over 40,000 square feet, currently available for lease. The building, constructed in 1915 and classified as Class C, boasts a variety of ceiling heights ranging from 14 feet to 28 feet. The warehouse portion encompasses over 181,434 square feet, including a freight elevator servicing the second floor, a testing chamber, and a compressor room. Warehouse features include sections with 25-foot clear ceiling heights, 11 loading docks (10'h x 9'w), and 5 grade-level doors (14'h x 12'w). Ample parking is provided with 320 spaces. The property is zoned I-1 and benefits from robust power capabilities: 480 Volts, 4000 Amps, 3-phase. The property's APN is 20-02-32-454-009.000-027, 20-02-32-451-011.000-027, 20-02-32-456-020.000-027, and is located in Elkhart County. This property presents a significant opportunity for businesses seeking a substantial and versatile space in a prime location within the RV Capital of the World.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $44,206,108
    Hospitality
    $40,492,560
    Educational
    $33,689,332
    Medical
    $34,847,960
    Retail
    $52,405,628
1120 Main St, Elkhart, Indiana

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6984
Longitude
-85.975
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,152
$132,000
$146,400
$278,400
-
$132,000
$146,400
$278,400

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