Northpointe Building

3225 Southview Drive, Elkhart, IN 46514

$599,999 Office, Investment For Sale

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Sale Price
$599,999
Year Built
2001
Building Size
13,568 SF
Date Available
Immediate
Lot Size
1.1 AC
Zoning
B3 - Service Business
Parking
40 spaces
Property Type
Office, Investment

Highlights

Seller financing available
Buyer can lease spaces for additional income or occupy
Suites 200, 300, 401 are currently available for lease
Suite 500 has a 5 year lease in place ending in 2028

Overview

Sturges Property Group is pleased to present the Northpointe Building for sale, located on the north side of Elkhart, Indiana. The well-maintained Class A, 13,568 square-foot commercial office building was constructed in 2001. The building location is within a half mile from the intersection of SR 19 and the Indiana Toll Road 80/90 which provides an optimal location in terms of both access and visibility.

3225 Southview Drive is a "value-add", 28% leased asset with one tenant with a five-year triple net lease in place. The property is priced “below replacement cost,” which can be a significant advantage for an investor or owner/user. Creative financing solutions available for qualified buyers. There are three available tenant spaces, each with its own private entrance, that could be separately leased or combined for a single owner/user. The new owner could occupy all or some of the available space and enjoy the benefit of having one existing tenant in place.

The B3 zoning will accommodate a variety of business uses, including large-scale commercial, retail, wholesale, service, medical, and auto-related uses.