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209 S 2nd Street
Elkhart, IN 46516

$399,900 - Status: Active
SQFT: 4,252
MLS# 202623318

Exceptional mixed-use investment opportunity in the heart of downtown Elkhart. This well-positioned building features a spacious main-level commercial storefront with excellent visibility and flexibility for retail, office, service, or creative business use, along with two upper-level residential apartments that provide additional income potential. Each second-floor apartment offers 1 bedroom and 1 bathroom and showcases the character tenants love, including soaring 10-foot ceilings, beautiful hardwood floors, granite counters, large windows, and abundant natural light. The residential units blend historic charm with functional living spaces in a walkable downtown setting. The main-level commercial space features an open secretary room and 5 office rooms with carpeted flooring, making it ready for a variety of business uses. The office includes two bathrooms, a kitchen, and storage room as well. Located just steps from downtown restaurants, shops, entertainment, and local employers, this property benefits from strong visibility and convenient access for both customers and tenants. Whether you're an investor seeking multiple income streams, an owner-occupant looking to operate a business while generating rental income, or a developer looking to add value, this versatile property offers significant upside in one of Elkhart's growing downtown corridors.

Property Features

MLS#: 202623318
Zip: 46516
Subdivision:
Development: Concord
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Partial Basement, Unfinished
Basement: Yes
Cooling: Central Air, Window
Heating: Gas, Forced Air, Radiator
Home Style: Other
Lot Size: 0.17 acres
Roof Type: Rubber
Stories: 2.0
Year Built: 1915

Feature Descriptions

Above Grade Finished SQFT: 4252
Amenities: Basement, Near Walking Trail, Countertops-Stone, Crown Molding, Detector-Smoke, Water Heater Gas, Wiring-Data, Washer Hook-Up
Exterior: Brick
Location: City/Town/Suburb
Lot Description: Level
Lot Dimensions: 68x105
Owner Pays: Heating, Sewer, Snow Removal, Water
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 4252
Units: 3
Water: City

Local Schools

High School: Elkhart
Middle School: North Side
Elementary School: Beardsley
School District: Elkhart Community Schools

209 S 2nd Street | MLS# 202623318

This multi-family property located at 209 S 2nd Street, Elkhart, IN 46516 is currently listed for sale with an asking price of $399,900. S 2nd Street is located within the Elkhart Community Schools school district. Search Elkhart real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: RE/MAX Oak Crest - Elkhart
Agency Contact: Cell: 574-538-8801
Agent Name: Nick Foy

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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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

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