107 Lincolnway East - Storefront FOR SALE


Mishawaka, IN 46544
$189,000 USD
574-360-6881
107 Lincolnway East, Mishawaka, IN for Sale
$189,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

NEW


107 Lincolnway East
Mishawaka, IN 46544


HIGHLIGHTS

  • Former Will's Jewelry Building DT Mishawaka
  • Excellent Investment Opportunity
  • Original downtown building with lots of character
  • Vibrant Downtown Mishawaka

OVERVIEW

Excellent investment opportunity in the former Will's Jewelry building in the heart of Downtown Mishawaka. This building is one of the original buildings downtown located on bustling Lincolnway E (over 12,000 cars daily) next to the long-standing 1st Source Bank. With City Hall within a stone's throw, N Main St leads down to the new Mill development and the vibrant Mishawaka Riverwalk. Beacon is also currently constructing a brand-new outpatient center 1 block over on the corner of Lincolnway E and N Church St. The former Will's Jewelry building boasts much character with high ceilings both upstairs and down. The downstairs is open span with the original jewelry casings and vault. There is a small workshop area with a small break room in the back as well. The upstairs is an unfinished apartment in need of renovation with lots of potential to be an excellent downtown apartment. The building has a new roof and furnace. Zoned C-3, City Center Commercial allowing a wide array of businesses on the main floor. Taxes: $3,191.50. Tax year 2024 pay 2025.

FOR SALE DETAILS

PRICE

$189,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Will's Jewelry - DT Mishawaka

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1871

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C-3

APN/PARCEL ID

71-09-16-280-004.000-023

ASK ABOUT THIS PROPERTY

John PiracciniColdwell Banker CommercialMore Info
574-360-6881

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John PiracciniColdwell Banker CommercialMore Info
574-360-6881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.