This Property is no longer advertised on Showcase.com.
Off Market
1/9

1.22 Acre Outlot Lincolnway E & Capital Ave.
Mishawaka, IN 46544


HIGHLIGHTS

  • 1.22 Acre Outlot
  • High end condos are in plan to be built along the river and creek surrounding the outlot (see conceptual drawings)
  • Potential for a full-service restaurant with a River Liquor License from the City of Mishawaka
  • Great visibility that would be beneficial for a strip center developer as well
  • Potential for a fast-casual drive-thru dining establishment
  • Great opportunity also for a convenience store with gas

OVERVIEW

Rare development opportunity on the corner of Lincolnway E (approx. 21,500 cars daily) and Capital Avenue (approx. 26,700 cars daily, INDOT Traffic Counts) in the Twin Branch area of Mishawaka. An approx. 1.20-acre outlot, this is the ideal property and location for a convenience store with gas, a fast-casual restaurant with a drive-thru, a standard restaurant with the ability to obtain a river liquor license from the City of Mishawaka, or a small strip center with great visibility from both Lincolnway E and Capital Ave. See the conceptual layout for a possibility of a mixed-use development. High end condos are in plan to be built along the river and creek surrounding the outlot (see conceptual drawings). Great proximity, only 1 mile from Twin Branch Park, 1.5 miles from Mishawaka High School, 2.5 miles from Schmucker Middle School and Penn High School, 2.5 miles from Downtown Mishawaka and the Mishawaka Riverwalk, 5 miles from the Grape Rd./Main St. shopping corridor in Mishawaka, 5 miles from the IN-Toll Road Interchange at Capital Ave, 5 miles from Granger, IN, 7 miles from the city of Elkhart, and 7 miles from the University of Notre Dame. *Note: The former hotel building on the property has been demolished.* Current taxes: $9,894.98. Tax Year: 2024 payable 2025.

FOR SALE DETAILS

PRICE

-

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Fast Food, Restaurant

LAND ACRES

-

LAND SF

-

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

-

APN/PARCEL ID

71-09-13-102-012.000-023