Conventional Restaurant
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Lakeville, IN Conventional Restaurants for Sale

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South Bend, IN Plymouth, IN North Liberty, IN Mishawaka, IN Bremen, IN Walkerton, IN
Two-Level Restaurant Building
Updated: Apr 10
Two-Level Restaurant Building

305-313 S Michigan St, Lakeville, IN 46536

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Restaurant layout includes an upstairs bar area, downstairs family dining, and dedicated carryout space
Retail areas extend across portions of the upstairs and downstairs
Multiple entrances, high ceilings, carpeted areas, and checkout space near the main entrance
Parking is located on the south side of the building
305‑313 S Michigan St, Lakeville, IN 46536
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lakeville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

530 W McKinley Ave, Mishawaka, IN 46545

$2,437,675
4,115 sqft 1.00 AC lot

Remodeled freestanding restaurant supported by a long-term NNN lease and established Burger King franchise operations.

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Chipotle & ATI NNN Property
Chipotle & ATI NNN Property

202 W Ireland Rd, South Bend, IN 46614

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4,900 sqft 1.52 AC lot

Dual-tenant commercial building with restaurant and outpatient rehabilitation uses under net lease structures.

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Turn-Key Restaurant with Liquor License
Turn-Key Restaurant with Liquor License

327 Union St, Mishawaka, IN 46544

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7,780 sqft

Fully equipped two-story restaurant with an upstairs banquet room and a 3-way River liquor license.

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Commercial Land at Retail Intersection
Commercial Land at Retail Intersection

114 W Ireland Rd, South Bend, IN 46614

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Commercially zoned land at Ireland Road and Michigan Street, surrounded by established retailers, restaurants, banks, and service businesses.

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Lakeville, IN Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Lakeville, IN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 3,086
Population Growth (5Y) +0.7%
Median Household Income $77,411
College Educated 27.6%

Taxes & Financing

Tax Rate (average for all types) 1.29%
Property Tax per SF $43.72 per SF
Tax Rate vs County Average 1.18 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Joseph County

New Delisted

Total CRE Inventory on Market (SF)

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