408 S Byrkit St - Industrial FOR SALE


Mishawaka, IN 46544
$19,600,000 USD
574-264-2050
408 S Byrkit St, Mishawaka, IN for Sale
$19,600,000 USD
Industrial - FOR SALE
1/16
null | Request Cap Rate

NEW


408 S Byrkit St
Mishawaka, IN 46544


HIGHLIGHTS

  • Warehouse/Manufacturing Facility for Sale or Lease

OVERVIEW

A 392,462 SF industrial facility on 26.14 acres is now available, offering functional office space alongside industrial areas that are currently used for warehousing but can also be used for manufacturing. The building includes 25,096 SF of office space with private offices, open workstation zones, break rooms, and a card access security system supported by video surveillance. Separate employee and office parking lots help keep traffic organized, and two sets of shipping and receiving areas featuring 32 recessed docks with levelers, seals, and locks, plus 8 grade level doors, support steady, high volume operations. Warehouse clear heights range from 20 to 40 feet, with most of the space at the higher end, allowing for efficient storage and production capability. Existing racking, including narrow aisle systems compatible with wire guided swing reach lifts and in rack sprinklers, can remain with the property. Office furniture is also negotiable. The facility has benefited from ongoing capital improvements, including recently updated roofing, modern and efficient HVAC systems, upgraded electrical infrastructure, and energy efficient LED lighting throughout. The building operates on 5,400 amps of 480V 3 phase power and includes full ESFR fire protection. Parking includes 335 car spaces and more than 100 trailer spots, with room for expansion. The property is located in a Heavy Industrial zoning district that supports a wide range of industrial operations. Seller would be open to leasing back approximately 50,000 SF of space in the building for either a short or long term. However, they can also move out upon closing. An additional 24.27 acres to the east is available separately for $1,240,000.

FOR SALE DETAILS

PRICE

$19,600,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

408-424 S Byrkit Ave

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

32

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26.14

LAND SF

1,138,658

ZONING

Heavy Industrial

APN/PARCEL ID

71-09-14-301-002.000-023

ASK ABOUT THIS PROPERTY

Ryan GablemanNAI CressyMore Info
574-264-2050

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Ryan GablemanNAI CressyMore Info
574-264-2050

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