Downtown Elkhart Retail

Downtown Elkhart

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
270
As of: May 20, 2017

Downtown Elkhart Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Elkhart submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decline in rent.

Downtown Elkhart Listing Supply

In the last 90 days, 4 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 270 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1915 and are Class B.

Downtown Elkhart Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Elkhart residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Elkhart.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Elkhart.
Research