Michigan St and Edwardsburg Ave (3.93 Acres VL)

Vacant Land for Sale
Catylist Listing ID: 30278182
Property Subtypes: Industrial, Multi-Family, Office, Residential (Single Family)
Gross Land Area: 3.93 Acres
Sale Price: $294,750
Unit Price: $75,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/21/2019

Overview / Comments

3.93 acre development site located between Michigan Street and Edwardsburg Avenue in Elkhart. Great opportunity for multifamily housing development in current zoning. Potential for rezoning for office and/or retail uses. Additional 1.29 +/- acres contiguous and listed separately. Municipal utilities to site. Lease Rates or Build-to-Suit Rates Available.

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-02-31-427-006.000-027
Area Description: The subject property is located in Northcentral Indiana in Elkhart County on the north side of Elkhart. Michigan Street is to the east, and Edwardsburg Avenue to the southwest.
Zoning Description: Residential
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,684 65,679 101,342
Median Age: 34.46 34.63 36.2
Households: 4,074 24,407 37,735


Photograph of Listing Agent

George S. Cressy CCIM

NAI Cressy CPIX Member
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