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1723 E Bristol St

3,600 SF Office Building Elkhart, IN 46514 £197,502 (£55/SF) 13.78% Net Initial Yield

Investment Highlights

  • Location on Busy Street
  • Lease Options Available
  • Built out for Doctors / Dentist Office
  • Seller Financing Available

Executive Summary

Search internet for Video Tour. Renovated in 2022, this medical office building is available for sale or lease. Located on bustling Bristol Street the building spans approximately 2,200 sq. ft. with a modern reception area, 6-8 treatment rooms, 2 restrooms, and dedicated office spaces. The lower level offers 3 private offices, a staff lounge with kitchen and laundry facilities, and ample storage with shelving. Additional highlights include private parking for 15 vehicles, ADA-compliant features, INDOT approved drug screening, and eye-catching landscaping. Preferable 3-5 year lease term.

Property Facts

Sale Type
Investment
Sale Condition
Tenants option to buy property
Property Type
Office
Property Subtype
Medical
Building Size
3,600 SF
Building Class
B
Year Built/Renovated
1978/2022
Price
£197,502
Price Per SF
£55
Net Initial Yield
13.78%
NOI
£27,216
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,600 SF
Building FAR
0.24
Land Acres
0.35 AC
Zoning
Office - Supports multiple business types
Parking
15 Spaces (4.17 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Reception
  • Basement
  • Fully Carpeted
  • Partitioned Offices
  • Reception
  • Yard
  • Monument Signage
  • Air Conditioning

Links

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1723 E Bristol St, Elkhart, IN - Floor plan - Image 1
1723 E Bristol St, Elkhart, IN - Floor plan - Image 2

PROPERTY TAXES

Parcel Number 20-02-33-426-004.000-027 Improvements Assessment £82,529
Land Assessment £26,353 Total Assessment £108,882

PROPERTY TAXES

Parcel Number
20-02-33-426-004.000-027
Land Assessment
£26,353
Improvements Assessment
£82,529
Total Assessment
£108,882
(574) 533-9581

  • Listing ID: 31877480

  • Date on Market: 21/05/2024

  • Last Updated:

  • Address: 1723 E Bristol St, Elkhart, IN 46514

The Office Property at 1723 E Bristol St, Elkhart, IN 46514 is currently available For Sale. Contact RE/Max Results for more information.

Nearby Listings

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VIDEOS
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1723 E Bristol St, Elkhart, IN for sale Building Photo- Image 1 of 37
Primary Photo
1723 E Bristol St, Elkhart, IN for sale Floor Plan- Image 2 of 37
3D Rendering Image of Basement Office Space
1723 E Bristol St, Elkhart, IN for sale Floor Plan- Image 3 of 37
3D Floorplan of Office Space
1723 E Bristol St, Elkhart, IN for sale Building Photo- Image 4 of 37
Surface Parking
1723 E Bristol St, Elkhart, IN for sale Interior Photo- Image 5 of 37
Private Bathroom
1723 E Bristol St, Elkhart, IN for sale Interior Photo- Image 6 of 37
Water in Multiple Offices
1723 E Bristol St, Elkhart, IN for sale Interior Photo- Image 7 of 37
Public Bathroom
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Finished Basement with office space
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Break Room Kitchenette
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Assistant Office
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Executive Office
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Parking
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Deep Lot with Space for Parking or Storage
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04b
1723 E Bristol St, Elkhart, IN for sale Lobby- Image 19 of 37
Atrium / Foyer
1723 E Bristol St, Elkhart, IN for sale Lobby- Image 20 of 37
Receiving Area
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Receptionist Area
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© 2024 CoStar Group

1723 E Bristol St
(574) 533-9581 x

1723 E Bristol St

Nicolas Wyse

(574) 533-9581

(574) 533-9581

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