1101 E Beardsley Ave

Elkhart, IN

Near Riverfront Location | Ideal For Significant Multi-Use Development

Property Snapshot

  • Land: 10.38 +/- Acres
  • Frontage: 800' (On Beardsley Ave); 1,000' (On Greenleaf Blvd)
  • Zoning: Planned Unit Development with B-1, Neighborhood Business District; R-3, Two Family Dwelling District
  • Utilities: Municipal Water, Sewer, Gas & Electric
  • Reduced Price: $199,000 ($974,900)

Property Details

DRAMATIC PRICE REDUCTION! Unique commercial development opportunity consisting of a 10.38 +/- acre parcel. The value is in the potential to develop this one-of-a-kind site for a new use. The site is served by municipal utilities and has existing curb cuts on Beardsley Avenue and Greenleaf Boulevard. The site would be ideal for senior/assisted living facilities, multifamily, medical, office and health-related industry uses.

The portion of land that fronts Beardsley is zoned Planned Unit Development with B-1, Neighborhood Business District uses as well as O-Office uses. The portion of land that fronts Greenleaf is zoned R-3, Two-Family Dwelling District.

Location

The property is on highly traveled Beardsley Avenue on the north side of the St. Joseph River and the downtown area near the upscale Greenleaf Boulevard residential neighborhood that has strong demographics. The property is adjacent to Greenleaf Health Campus, an assisted living facility and is just minutes walking or driving to the downtown area and its many commercial businesses, entertainment venues, banking, dining amenities and city parks and offices. The property location also provides convenient access to surrounding communities via the I-80/90 Indiana Toll Road (located approximately 5.5 miles north), and the US 20/St. Joseph Valley Parkway (located approximately 8.6 miles south).

For More Information Please Contact

Ryan Gableman, CCIM/SIOR
Senior Broker
574.485.1502 | 574.215.0336 (c)
ryangableman@cressyandeverett.com