1700 W Lusher Ave - Warehouse FOR SALE


Elkhart, IN 46517- South Elkhart
$1,670,000 USD
574-202-2000
1700 W Lusher Ave, Elkhart, IN for Sale
$1,670,000 USD
Warehouse - FOR SALE
1/21
null | 10.05% Cap Rate

1700 W Lusher Ave
Elkhart, IN 46517
South Elkhart


HIGHLIGHTS

  • 18 foot side walls
  • clean facility
  • Fenced parking area in rear of building

OVERVIEW

Income-Producing Industrial Investment – Elkhart, Indiana High-yielding industrial investment opportunity in the heart of Elkhart County’s recreational vehicle manufacturing corridor. 1700 W. Lusher Avenue offers specialized RV-industry occupancy, recent capital improvements, and a facility well configured for its current use. The property is currently utilized as a clean RV painting operation supporting the regional RV manufacturing supply chain. The facility features tall clear heights, drive-through bays, upgraded LED warehouse lighting, multiple paint booths, 1,000-amp three-phase electrical service, and functional office space. Recent improvements include new mechanical systems throughout in 2022, new LED warehouse lighting in 2025, and replacement of the office roof in September 2026. The rear of the property includes a secure, fenced yard, providing additional outdoor storage and operational flexibility. Seller reports that the facility's paint operations are permitted, adding to the property's specialized functionality for its existing use. With an established tenant occupying the property since 2022 and operating within Elkhart County's significant RV manufacturing sector, this offering provides investors an opportunity to acquire a specialized industrial asset with existing income and substantial recent capital improvements.

FOR SALE DETAILS

PRICE

$1,670,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

10.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

5

PARKING SPACES

10

LAND DETAILS

LAND ACRES

3.49

LAND SF

152,024

ZONING

M-1

APN/PARCEL ID

20-06-07-376-009.000-012

ASK ABOUT THIS PROPERTY

Josh HendricksCreekstone Investments & PropertiesMore Info
574-202-2000

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Josh HendricksCreekstone Investments & PropertiesMore Info
574-202-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.