About 1210 W Franklin Street
PROFITABLE 4-UNIT INVESTMENT OPPORTUNITY – WON’T LAST! This fully occupied, income-producing retail commercial property is located in the B-2 Community Business District and offers instant cash flow with long-term reliable tenants in place. Unit 1206 is rented as a hair salon, it is open concept, includes a bathroom and basement storage. Unit 1208 is occupied by a beauty supply store and features a bathroom, kitchen, and basement storage. Unit 1210 is rented as a shoe repair shop and is divided into two areas with the front being the show room and the back area being used as a kitchen, dining area, storage space, and bathroom. Unit 1212 is currently owner-occupied as a hair salon, divided into three areas, back area is being used as a kitchen/dining space, has a bathroom, and a larger basement for storage. This unit offers flexibility for the new owner to continue operating their own business or lease it for additional rental income. The property is being sold AS-IS, subject to tenant’s rights, making it a rare chance to acquire a proven, income-producing asset. Don’t miss this opportunity. Showings are available by appointment only on Tuesdays, Thursdays, and Fridays from 11:00–1:00 and 3:00–6:00, with 24-hour advance notice required. Agents see remarks.
Features of 1210 W Franklin Street
MLS® # | 202534387 |
---|---|
Price | $199,999 |
Bathrooms | 4.00 |
Square Footage | 8,712 |
Acres | 0.20 |
Year Built | 1920 |
Type | Commercial |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 1210 W Franklin Street |
---|---|
Subdivision | None |
City | Elkhart |
County | Elkhart County |
State | IN |
Zip Code | 46516 |
Amenities
Features | Basement |
---|---|
Parking | Off-Street |
Is Waterfront | No |
Interior
Interior | Drywall |
---|---|
Heating | Gas, Forced Air, Space, Multiple Heating Systems |
Cooling | Central Air, Wall AC, Multiple Cooling Units |
# of Stories | 1 |
Basement | Partial Basement |
Exterior
Exterior | Brick, Vinyl |
---|---|
Roof | Other |
Construction | No |
Additional Information
Days on Market | 47 |
---|---|
Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Agent | Lisa Alford-collio |
---|---|
Office | RE/MAX Results-Goshen |
Contact Info | Cell: 574-370-5410 |