290 W Hively Ave - Convenience Store FOR SALE


Elkhart, IN 46517
$500,000 USD
574-849-7118
290 W Hively Ave, Elkhart, IN for Sale
$500,000 USD
Convenience Store - FOR SALE
1/8
null | Request Cap Rate

NEW


290 W Hively Ave
Elkhart, IN 46517


OVERVIEW

Redevelopment site available at the signalized corner of Hively & Benham, Elkhart, IN. The City of Elkhart Redevelopment Commission is planning on redeveloping the Woodland Crossing Shopping Mall into a mixed use development combining a proposed 140 residential units, $6.25 M infrastructure investment and 200,000 SF of improved commercial space. Existing national & regional retailers including Kroger & CVS are long established. The site has the potential to be expanded to the north & east depending upon proposed use. Use restrictions are in place for fuel sales, pharmacy, grocery and others. Many other uses remain available such as office, quick service restaurant and community service users. 2024 Annual Average Daily Traffic counts: Benham-6,194 Hively-8,325

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Woodland Crossing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Benham Ave

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

B-2

APN/PARCEL ID

20-06-17-276-006.000-012

ASK ABOUT THIS PROPERTY

Scott GriffithEndeavour CommercialMore Info
574-849-7118

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Scott GriffithEndeavour CommercialMore Info
574-849-7118

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