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(SOLD) $220,000

1117 W Beardsley Avenue Elkhart, IN  46514-2225

Property Description for 1117 W Beardsley Avenue Elkhart, IN 46514-2225

Maximize your investment with this versatile 4,800 Sq Ft commercial space, prominently located in a high-traffic area (avg 7,000 vehicles/day) near downtown Elkhart. This expansive building, currently hosting a vibrant gym, boasts an urban industrial style that's completely updated. The interior, with its open layout, high ceilings, and modern finishes, provides an ideal backdrop for a range of business ventures. Large windows flood the space with natural light, enhancing the sleek, contemporary vibe. The gym setup showcases the potential for fitness-related uses, but the building's flexible zoning allows for various commercial applications. At the offered price, this property presents exceptional value, with space and condition surpassing market expectations. The current tenant, eager to continue under a new lease, ensures immediate income, with room to adjust terms to market rates. Strategically situated to capitalize on Elkhart's growth, this property promises high visibility and accessibility. Whether for an owner-operator or an investor seeking a solid asset with growth potential, this commercial building stands out as a smart acquisition.

Address:1117 W Beardsley Avenue Elkhart IN 46514-2225
Status:Sold
Sold On: 11/13/2024
Price:$220,000
Bathrooms:0
Year Built:1947
Lot Size:0.15
County: Elkhart County
Township: Concord
MLS #:202431797
Property Type:Mixed Use

Lot Dimensions:39'x166'
Directions:Property is located on South side of W Beardsley Ave between Ward and Pleasant; next to JD's Watering Hole
Basement:No

Loan Price
$1,440
Price And Interest $1,148/month
Property Tax $200/month
MTG INS $0/month
HOME INS $92/month
Price
$220,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$200/month
Home Owner Insurance
$1,104 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom 2 x 1 Info Not Available
Den 1 x 4800 Info Not Available

Semi-Annual Property Tax:$1,200
Tax Year:2023
Mandatory HOA Fee:$

City:Elkhart
Subdivision: Briggsdale
Zip Code:46514-2225

Listing provided courtesy of Nick Benninghoff with Cressy & Everett - South Bend

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Elkhart Market Report

152
Avg. DOM
$157.15
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in Elkhart are not dropping at the moment. There has been a increase in price of $23,122.58. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Elkhart are going Up. The average house price is $250,000.00 and the average price per square feet is $157.74 per square feet. At the moment, the amount of homes listed is exactly 840 houses, with 243 with active status, 73 with pending status and 524 sold in Elkhart .

The most popular place to buy a home in Elkhart is 2001 - Elkhart - Cleveland. 2001 - Elkhart - Cleveland is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Elkhart .

The average amount of property taxes you would have to pay for a home in Elkhart is $2,458.18. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Elkhart are staying listed for an average of 60 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Elkhart was 883 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Elkhart is $2,995,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Elkhart is $1,400.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Elkhart in year 1870 and the newest built house is in year 2024.

The average size of properties in Elkhart is 2088.09 sq.ft. , the biggest one being 11953 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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