700 E Beardsley Avenue, Elkhart, IN 46516
sale
$1,100,000
|
Office
Courtesy Of Roth Wehrly, Inc. dba Coldwell Banker Roth Wehrly Graber
First time available since 2004! - "a rare 22-year hold The Riverside 700 Building presents an exceptional opportunity for an owner seeking an ideal corporate headquarters, or for investors targeting a compelling multi-tenant office investment in one of northcentral Indiana's most prominent locations. This 30,000 SF two-story, brick office building is positioned on 2.08 acres of intensively zoned B-2 Commercial land at 700 East Beardsley Avenue in Elkhart, Indiana. The property has direct frontage on Christianna Creek and the walking trails within High Dive Park; a natural setting unmatched by competing office products in the Elkhart-Goshen MSA. Montessori School and the nationally acclaimed Wellfield Botanical Gardens are within short walking distance. Above all Riverside 700 Building is positioned on the north shore of the St. Joseph River at the Johnson Street Dam, a vital arterial road (ADT 14,749) yielding direct access to the exciting, newly developed River District and the dynamic Elkhart CBD. The facility is ramped and has a new passenger elevator yielding ADA compliance. Moreover, the facility features a flexible, movable wall-panel system throughout much of the building supporting easy reconfiguration of office suites. Other amenities include building signage, mature landscaping and generous asphalt parking field. The site's Opportunity Zone (OZ) designation adds a compelling long-term appreciation exclusion for qualifying investors! Offered at just $1,100,000, the asset is priced well below replacement cost, yielding a wide margin for a buyer's own vision & upside value creation; whether that's a signature single-tenant headquarters or a repositioned multi-tenant asset. Prime office suites are also available For Lease at a competitive $12.50/SF/Annum plus a proportionate share of CAM/RETax; budgeted at $4.50/SF. Riverside 700 Building: An Iconic Asset | Irreplaceable Location | First Time Offered in a Generation!
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Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Cooling System: Multi Units
- Cooling System: Central Air
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Tile - Ceramic
- Floor Covering: Stone
- Legal Description: N1/2 E1/2 NE1/4 N OF BEARDSLEY AVE SEC 5 2.081A (TIF 155)
- MLSID: 202633113
- Roof Type: Flat
- Roof Type: Rubber
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