2101 Lincoln Way E - Mixed Retail FOR SALE


Mishawaka, IN 46544
$815,000 USD
224-716-0234
2101 Lincoln Way E, Mishawaka, IN for Sale
$815,000 USD
Mixed Retail - FOR SALE
1/19
null | 7.48% Cap Rate

2101 Lincoln Way E
Mishawaka, IN 46544


HIGHLIGHTS

  • Nicely finished office space with private offices, reception/waiting area, work room, and break room
  • Strong frontage and access on Lincolnway East
  • In-place NNN tenant provides income with tenant reimbursement structure

OVERVIEW

Well-maintained flex/office/warehouse property for sale on highly visible Lincolnway East in Mishawaka. Zoned C-1 Commercial, the property is currently operating as a daycare and leased NNN at $74,267.55/Yr Property includes 4,500 SF of finished first-floor, 2,375 SF mezzanine 2nd floor, and 5,320 SF warehouse space with 3 overhead doors, heavy power, high ceilings, and floor drain. Excellent access, visibility, and long-term flexibility for investors or future owner-users. Property Highlights Commercial Zoning C-1 Commercial zoning supports a variety of commercial uses, subject to municipal approval Office Layout Nicely finished office space with private offices, reception/waiting area, work room, and break room Mezzanine 2,375 SF mezzanine office accessed by a spiral lobby staircase Warehouse 5,320 SF warehouse section with high ceilings Loading/Access 3 overhead doors Utility Features Heavy power and floor drain Visibility Strong frontage and access on Lincolnway East Investment Appeal In-place NNN tenant provides income with tenant reimbursement structure

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

7.48%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Mixed Retail

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

C-1

APN/PARCEL ID

71-09-14-209-001.000-023

ASK ABOUT THIS PROPERTY

Sharif RefaieSmart Properties USAMore Info
224-716-0234

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Sharif RefaieSmart Properties USAMore Info
224-716-0234

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