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526 S Main Street

Elkhart, IN 46516
  • $1,348,000
  • STATUS: Active
  • ON SITE: 493 Days
  • MLS #: 202428647
UPDATED: 68 min ago
$1,348,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,254
    SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Listing provided by Julie Circle of Keller Williams Realty Group: myhomebrokerjulie@gmail.com.

Description

Entrepreneurs, Dreamers, Investors-don't miss this once in a lifetime chance. Built in landmark marquis. Make your money back in 10 years or less! Three adjoining retail/multi-use buildings.The property is located on the 500 block of downtown Elkhart entertainment district. Much larger than it looks! Square footage includes 7700 sq.ft retail space. The unique property features a main restaurant location, a stage for live musical entertainment, with an adjoining smaller retail space that could operate independently. It can be operated as one business with multiple seating areas. Large commercial kitchen and 3 bar service facilities. Summer overflow can use the private outdoor patio seating and small stage for musicians. Banquet room in the lower level provides more income opportunity. Comedy nights there have been memorable. Access to a Downtown Elkhart Economic Development River Walk liquor license for $1000 annually that permits use as a night club. A 2nd parcel is included (20-06-05-478-015.000-012) that includes 3 leased apartments with private Main Street entrance. Private showings available. TURN KEY for restaurant/entertainment. Supporting rental income already in place. Seller is also offering for lease-terms negotiable.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2025-12-07T07:28:50.43.

www.parkerteamhomes.com/homes/153134318
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526 S Main Street Elkhart, IN 46516

  • Price: $1,348,000
  • Status: Active
  • On Site: 493 Days
  • Updated: 68 min ago
  • MLS #: 202428647
0
Beds
0
Baths
0
½ Baths
0.1
Acres
14,254
SQFT
$95
$/SQFT
1920
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Property Description
Entrepreneurs, Dreamers, Investors-don't miss this once in a lifetime chance. Built in landmark marquis. Make your money back in 10 years or less! Three adjoining retail/multi-use buildings.The property is located on the 500 block of downtown Elkhart entertainment district. Much larger than it looks! Square footage includes 7700 sq.ft retail space. The unique property features a main restaurant location, a stage for live musical entertainment, with an adjoining smaller retail space that could operate independently. It can be operated as one business with multiple seating areas. Large commercial kitchen and 3 bar service facilities. Summer overflow can use the private outdoor patio seating and small stage for musicians. Banquet room in the lower level provides more income opportunity. Comedy nights there have been memorable. Access to a Downtown Elkhart Economic Development River Walk liquor license for $1000 annually that permits use as a night club. A 2nd parcel is included (20-06-05-478-015.000-012) that includes 3 leased apartments with private Main Street entrance. Private showings available. TURN KEY for restaurant/entertainment. Supporting rental income already in place. Seller is also offering for lease-terms negotiable.
Exterior Features

Construction Type1 Brick Exterior Brick Fence Privacy Fire Doors YN Yes Location City Lot Dimensions 88 x 95 Parking LotPavedStreet Parking Type lotstreet Parking YN Yes Road Access City Roof Material Rubber Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Full BasementOutside Entrance Basement YN Yes Bldg1 Above Grd Sq Ft 14254 Bldg1 Below Grd Sq Ft 2970 Bldg1 Fin Office Sq Ft 0 Bldg2 Fin Office Sq Ft 0 Ceiling Height 18.5 Column Spacing none Cooling Central AirMultiple Cooling Units Flooring CarpetCeramic Tile Heating Fuel GasForced AirMultiple Heating Systems Interior Height 20 Interior Walls Concrete Internal Rooms KitchenOfficeOtherStorageWorkroom Special Features Three PhaseHandicap AccessAlleyBasementPublic RestroomsReception AreaSecurity FenceVentilating/Exhaust FansRefrigeration/Freezer Total Restrooms 10

Property Features

Annual Taxes 12102 Assessed Value 534800 Auction YN No Buildings 3 Burglar Alarm YN Yes Cross Street Marion Currently Leased YN No Documents Available Building Plans and SpecsEquipment ListFloor Plan Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Inside City Limits Yes Lease Term Remaining 6 months New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarRestaurantOther Property Sub Type Restaurant/Bar Property Use Bus. Included w/PropertyInvestment Property Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Sale Includes BuildingBusinessFurnitureLandInventory Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Concord Water Heater YN Yes Water Softener YN Yes Water Utility City Year Taxes Payable 2025 Years Established 12

Listing provided by Julie Circle of Keller Williams Realty Group: myhomebrokerjulie@gmail.com.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2025-12-07T07:28:50.43.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Julie Circle of Keller Williams Realty Group: myhomebrokerjulie@gmail.com.