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1311 NW Laurel St
3,600 SF Industrial Condo Unit Offered at $275,000 in Elkhart, IA 50073
Investment Highlights
- Located just off Interstate 35
- Ample foot traffic
- Excellent highway visibility
Executive Summary
This 3,600 square foot industrial space, featuring two bays, is zoned for industrial use and is ideal for a variety of purposes, including flex space, a workshop, warehouse, or personal hobby area. The facility includes an existing restroom, LED lighting, and multiple electrical outlets, making it convenient for a range of activities. Additionally, there is ample outside parking available, and the property is strategically located just off Interstate 35, providing easy access. The space also boasts two 14-foot overhead doors and sidewalls ranging from 17 to 20 feet in height.
Property Facts
| Price | $275,000 | Sale Type | Investment or Owner User |
| Unit Size | 3,600 SF | Building Class | A |
| No. Units | 1 | Floors | 1 |
| Total Building Size | 54,000 SF | Typical Floor Size | 54,000 SF |
| Property Type | Industrial (Condo) | Year Built | 2022 |
| Property Subtype | Truck Terminal | Lot Size | 3.80 AC |
| Price | $275,000 |
| Unit Size | 3,600 SF |
| No. Units | 1 |
| Total Building Size | 54,000 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Truck Terminal |
| Sale Type | Investment or Owner User |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 54,000 SF |
| Year Built | 2022 |
| Lot Size | 3.80 AC |
1 Unit Available
Unit 1
| Unit Size | 3,600 SF | Condo Use | Industrial |
| Price | $275,000 | Sale Type | Investment or Owner User |
| Price Per SF | $76.39 |
| Unit Size | 3,600 SF |
| Price | $275,000 |
| Price Per SF | $76.39 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
Description
1,800 SF bays (can be combined)
+/-1,800 –18,000 SF (contiguous)
Each unit includes the following:
- Internet service to unit
- 200 Amp 3 Phase electric service panel
- Stubbed plumbing for future bathroom
- Demising walls insulated and complete with fire taped drywall
All additional electrical, plumbing, HVAC, interior walls, drywall, painting, interior trim, doors, interior decorating, floor coverings, ceilings, etc. shall be the responsibility of the tenant
Sale Notes
The property is available for $12.00 per square foot NNN, with additional costs of $3.00 per square foot, and a total price of $535,000.
Amenities
- Storage Space
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
zoning
| Zoning Code | M-1 (Light Industrial) |
| M-1 (Light Industrial) |
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Power Broker Austin Hedstrom -
Power Broker Tanner Hedstrom -
JLL
Presented by
1311 NW Laurel St
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