Company Logo
SIGN UP LOGIN
700 E Beardsley Avenue, Elkhart, IN 46516 Photo
700 E Beardsley Avenue, Elkhart, IN 46516 Photo
700 E Beardsley Avenue, Elkhart, IN 46516 Photo
700 E Beardsley Avenue, Elkhart, IN 46516 Photo
700 E Beardsley Avenue, Elkhart, IN 46516 Photo
700 E Beardsley Avenue, Elkhart, IN 46516 Photo

3 Total Photos [Click to View All]

$1,100,000
Status: Active
700 E Beardsley Avenue Elkhart, IN 46516
  • Bedrooms
  • Total Baths
  • Square Feet
  • 2.08
    Acres
  • 1974
    Year Built
  • HOA

Property Description

First time available since 2004! ? 'a rare 22-year hold... The Riverside 700 Building presents an exceptional opportunity for an owner seeking an ideal corporate headquarters, or for investors targeting a compelling multi-tenant office investment in one of northcentral Indiana's most prominent locations. This 30,000 SF two-story, brick office building is positioned on 2.08 acres of intensively zoned B-2 Commercial land at 700 East Beardsley Avenue in Elkhart, Indiana. The property has direct frontage on Christianna Creek and the walking trails within High Dive Park; a natural setting unmatched by competing office products in the Elkhart-Goshen MSA. Montessori School and the nationally acclaimed Wellfield Botanical Gardens are within short walking distance. Above all Riverside 700 Building is positioned on the north shore of the St. Joseph River at the Johnson Street Dam, a vital arterial road (ADT 14,749) yielding direct access to the exciting, newly developed River District and the dynamic Elkhart CBD. The facility is ramped and has a new passenger elevator yielding ADA compliance. Moreover, the facility features a flexible, movable wall-panel system throughout much of the building supporting easy reconfiguration of office suites. Other amenities include building signage, mature landscaping and generous asphalt parking field. The site's Opportunity Zone (OZ) designation adds a compelling long-term appreciation exclusion for qualifying investors! Offered at just $1,100,000, the asset is priced well below replacement cost, yielding a wide margin for a buyer's own vision & upside value creation; whether that's a signature single-tenant headquarters or a repositioned multi-tenant asset. Prime office suites are also available For Lease at a competitive $12.50/SF/Annum plus a proportionate share of CAM/RETax; budgeted at $4.50/SF. Riverside 700 Building: An Iconic Asset | Irreplaceable Location | First Time Offered in a Generation!

Request Info / Schedule Showing

Contact Form

Listed By / Shown By

Listed By

Broker Name: Coldwell Banker Real Estate Group
Broker Contact: Cell: 574-596-1576
Agent Name: Robert Thatcher

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

IDX logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Property Features

MLS Number: 202633113
Subdivision:
County: Elkhart
Bedrooms: 0
Total Square Feet: 0
Style: Office
New Constuction: No
Construction: Aluminum,Brick,Concrete,Metal,Masonry
Waterfront: Yes
Property Type: Commercial - Office
Cooling: Central Air, Multiple Cooling Units
Heating: Gas, Forced Air
Lot Size: 2.08 Acres
Roof Type: Build-Up, Flat, Rubber
Year Built: 1974

Feature Descriptions

Days on CressyEverett.com: 4
Exterior: Aluminum, Brick, Concrete, Metal, Masonry
Home Style: Office
Lake Name: Christiana Creek
Location: City, Commercial, Near Walking Trail
Lot Dimensions: 360x251
Sale Inclusions: Building, Land, Lease
Sewer: City, Public
Water: City, Public

Location

Login to My Homefinder