431 S 3rd Street, Elkhart, IN 46516
431 S 3rd Street, Elkhart, IN 46516
431 S 3rd Street, Elkhart, IN 46516
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Listed by Cameron Troxel • R1 Property Group LLC
$400,000
Est. payment /mo
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0.66 Acres Lot
New

431 S 3rd Street Elkhart, IN 46516

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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

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Key Details

Property Type Commercial

Sub Type Other/Unknown

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202631808

Year Built 1960

Lot Size 0.660 Acres

Property Sub-Type Other/Unknown

Property Description

Exceptional commercial opportunity in the heart of downtown Elkhart offering ~21,891 sq. ft. of versatile multi-use space on a 0.66-acre lot. Built to host large gatherings, this prominent facility features a grand sanctuary/event hall, flexible administrative and breakout offices, and a full industrial kitchen. Located steps from The Lerner Theatre, local dining, and core downtown amenities, the property boasts prime transit access and strong redevelopment potential for adaptive reuse. Buyers may leverage various local economic incentive programs, including the EUEA Façade & Placemaking Grant (matching up to $5,000), Gateway Mile Loan Fund, Aurora Capital Loan Fund, as well as TIF and tax abatement options through the City of Elkhart Department of Development Services. All grant, loan, and tax incentive opportunities are subject to application, city guidelines, and approval; buyers should independently verify eligibility with the City of Elkhart Department of Development Services.

Location

State IN

County Elkhart County

Area Elkhart County

Zoning Subject to County Zoning Codes

Direction East on Franklin/Lexington, turn right (south) on 3rd, go to stop sign, building on the right. Parking in back.

Interior

Flooring Carpet, Ceramic Tile, Concrete, Other, Tile

Appliance Building

Exterior

Roof Type Rubber,Shingle

Building

Story 2

New Construction No

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202631808

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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431 S 3rd Street

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