210 Main StElkhart, IN 46516

  • Sports & entertainment properties
  • 8,968 SF
For Sale
$200,000 View listing

Property Details for 210 Main St

Year built
1915
Construction
TYPE NOT SPECIFIED
Lot size
0.07 AC
Property size (Sq ft)
8,968 SF
Zone code
ZO01
Property type
Sports & entertainment properties
Property subtype
Theaters & concert halls
APN
20-06-05-411-005.000-012
APU
200605411005000012

Description

This exceptional commercial property, located at 210 S Main Street in the heart of downtown Elkhart, Indiana, presents a rare investment opportunity. Situated on a 0.15-acre lot, this building boasts a rich history, having served as the Orpheum Theatre since its opening in 1915, hosting vaudeville acts and motion pictures. Subsequently remodeled in 1970, it operated as Cinema 1 for two decades. The property's prime location on Elkhart's Gateway Mile, adjacent to the Vine Restaurant, offers unparalleled visibility and accessibility. Its proximity to the Elkhart Community Riverwalk further enhances its appeal. The building's unique character and intimate space provide a blank canvas for a variety of commercial uses, allowing a new owner to contribute to the vibrant downtown Elkhart scene. The property comprises two parcels. Note that property taxes have historically been non-existent due to the building's previous non-profit status. The asking price is $200,000. Square footage information is unavailable at this time. This is a truly remarkable opportunity to own a piece of Elkhart's history and contribute to its continued revitalization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,930,635
    Hospitality
    $1,768,451
    Educational
    $1,471,330
    Medical
    $1,521,932
    Retail
    $2,288,736
210 Main St, Elkhart, Indiana

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6861
Longitude
-85.9724
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
$25
$5,100
$270,900
$276,000
-
$5,100
$270,900
$276,000

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