900 South Main Street

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900 South Main Street

Elkhart, IN 46516
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 900 South Main Street in Elkhart, Indiana.
  • Property functions as a restaurant asset for prospective buyers.
  • Site previously served as an operational dining establishment location.
  • Situated within a major industrial and manufacturing market corridor.
  • Retail layout suitable for various hospitality and food ventures.

What's Special

Elkhart, Indiana, serves as a significant hub for the manufacturing and industrial sectors in the northern region of the state. This retail restaurant property at 900 South Main Street occupies a central position within this growing market, benefitting from the connectivity provided by local transportation routes. The asset encompasses a former restaurant layout, providing an established footprint for food service operators looking to enter or expand within the Elkhart area. Its functional floor plan supports various dining concepts, ranging from quick-service establishments to sit-down venues. Investors and business owners alike will find this site positioned to capture steady traffic from residents and the local workforce. Given the existing infrastructure, the property serves as a viable candidate for adaptive reuse or continued use in the hospitality sector. Its strategic placement in a primary commercial corridor ensures visibility and accessibility for both patrons and delivery logistics in this well-established Midwestern community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times