VL adj 1884 Miles Ave (approx 16.3 acres)

Vacant Land for Sale
Catylist Listing ID: 30278235
Property Subtypes: Industrial, Office, Retail, Retail-Pad
Gross Land Area: 16.27 Acres
Sale Price: $2,469,760 Per Acre
Total Price: $40,182,995
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2018

Overview / Comments

This 16+ acre parcel is the former site of the Bayer Headquarters. With over 1,000 feet of frontage on Bristol Street on a lighted corner at Edwardsburg Avenue, this property is ideal for a retail user. Additional land to the southwest with access from Oak Street is well suited for an industrial or flex use. The property is currently zoned M2 - Manufacturing, but can be re-zoned for alternative uses.

Attachments & Media

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-02-31-426-004.000-027;20-02-31-426-001.000-027;20-02-31-426-002.000-027;20-02-31-426-003.000-027
Area Description: High traffic retail corridor. Minutes away from downtown Elkhart, 80/90 Toll Road, and US 20 Bypass. Elkhart County offers a pro-­growth environment, skilled workforce, and targeted business incentives to companies from across the country and around the world. Elkhart also provides the business environment needed to branch out and the industry designed initiatives designed to stimulate growth, innovation and profits.
Zoning Description: M2 - Manufacturing
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,072 64,868 105,515
Median Age: 32.31 34.67 36.23
Households: 3,191 24,075 39,279


Photograph of Listing Agent

Ryan Gableman CCIM, SIOR

NAI Cressy CPIX Member
Photograph of Listing Agent

Christopher Barth

NAI Cressy CPIX Member
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