53042 Faith Ave - Light Manufacturing FOR SALE


Elkhart, IN 46514- North Elkhart
$1,673,168 USD
574-274-1617
53042 Faith Ave, Elkhart, IN for Sale
$1,673,168 USD
Light Manufacturing - FOR SALE
1/20
null | Request Cap Rate

53042 Faith Ave
Elkhart, IN 46514
North Elkhart


OVERVIEW

This well-maintained industrial property features five fully leased units, offering stable income with approximately 40 years of ownership by the original builder. Four units are approximately 6,000 square feet each, with a larger 9,000-square-foot unit providing flexibility for a range of industrial users. The building offers open, functional layouts ideal for manufacturing, warehouse, service, or contractor operations, along with on-site parking and convenient service access. Leases are structured as gross plus utilities for simplified management. The original roof has been proactively maintained, with only minor, occasional leaks noted. The property’s adaptable configuration and strong occupancy make it a compelling investment or owner-user opportunity. North Elkhart area, accessible via major local roads. Elkhart as a whole is known for its manufacturing heritage (especially RV and related industries), and this spot aligns with that—practical for logistics, with proximity to highways and other industrial sites.

FOR SALE DETAILS

PRICE

$1,673,168 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

ABG Property

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.76

LAND SF

120,226

ZONING

PUD

APN/PARCEL ID

20-01-26-227-007.000-006

ASK ABOUT THIS PROPERTY

Christian DaveyNAI CressyMore Info
574-274-1617

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Christian DaveyNAI CressyMore Info
574-274-1617

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