116 W 3rd St - Office FOR SALE


Mishawaka, IN 46544
$189,000 USD
574-360-6881
116 W 3rd St, Mishawaka, IN for Sale
$189,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

NEW


116 W 3rd St
Mishawaka, IN 46544


HIGHLIGHTS

  • Built in 1923 boasting with charm
  • Excellent investment opportunity to renovate or convert
  • Heart of Downtown Mishawaka
  • 1/4 mile to the Mishawaka Riverwalk

OVERVIEW

Excellent opportunity for your business or investment in the heart of Downtown Mishawaka, 1/2 block off of Main St and 1 block from Mishawaka City Hall. This brick structure built in 1923 boasts much charm. Ready to be updated for your business or converted into an investment property, this property has a variety of possible uses from office, medical, retail, or renovated into apartments. The 1st Floor consists of a reception area, a front office/waiting room, along with multiple offices/exam rooms, a kitchenette, and a restroom. The 2nd Floor has a separate entrance off the alley and consists of more general offices/exam rooms, another small reception/waiting area, a full bathroom with a shower, and plumbing for an additional bathroom. Great proximity, only 1/4 mile from the beautiful Mishawaka Riverwalk, 2.5 miles from the Main St/Grape Rd shopping corridor (one of the largest shopping corridors in the State), 3.5 miles from Downtown South Bend, and 4.5 miles from the University of Notre Dame. Taxes: $3,645.52. Tax Year: 2024 pay 2025. Zoned C-3: City Center Commercial

FOR SALE DETAILS

PRICE

$189,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Mishawaka Investment Opportunity

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

71-09-16-279-012.000-023

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.