Conventional Restaurant

Mishawaka, IN Conventional Restaurants for Sale

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South Bend, IN Osceola, IN Granger, IN Elkhart, IN Holt, MI Roseland, IN Niles, MI Edwardsburg, MI
Freestanding Drive-Through Restaurant
Updated: Aug 9
Freestanding Drive-Through Restaurant

530 W McKinley Ave, Mishawaka, IN 46545

$2,437,675
4,115 sqft 1.00 AC lot
±4,115‑square‑foot freestanding Burger King restaurant with drive‑through
±1.00‑acre site remodeled in 2022
New 15‑year NNN lease with zero landlord responsibilities
Four (4) five‑year renewal options and 10% rent increases every five years
Lease guaranteed by Crown Hospitality Partners, Inc., a 36‑unit Burger King franchisee
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Freestanding Drive-Through Restaurant
Updated: Aug 8
Freestanding Drive-Through Restaurant

2801 Lincolnway E, Mishawaka, IN 46544

$2,168,932
3,780 sqft 1.50 AC lot
±3,780‑square‑foot freestanding restaurant with drive‑thru
Remodeled in 2019 on ±1.50 acres
New 15‑year NNN lease with zero landlord responsibilities
Four (4) five‑year renewal options
5.80% cap rate with scheduled 10% rent increases every five years
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Turn-Key Restaurant with Liquor License
Turn-Key Restaurant with Liquor License

327 Union St, Mishawaka, IN 46544

Contact for pricing
7,780 sqft

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

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See what stands out in St. Joseph County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mishawaka, 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.

Fine Dining Restaurant with Patio
Fine Dining Restaurant with Patio

320 E Colfax Ave, South Bend, IN 46617

$5,238,500
7,800 sqft

Fine dining setting with patio views toward the St. Joseph River and South Bend Museum of Art.

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Restaurant with Bar and Stage
Restaurant with Bar and Stage

512 Lincolnway West, Osceola, IN 46561

Contact for pricing
4,522 sqft

Established restaurant business with dining, entertainment, bar, and outdoor seating areas.

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Restaurant Building with Vacant Lot
Restaurant Building with Vacant Lot

2014 and 2016 Edison Rd, South Bend, IN 46617

Contact for pricing
3,840 sqft 0.67 AC lot

A long-standing restaurant tenant occupies the property and is willing to continue under a new lease.

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Restaurant with Bar and Entertainment
Restaurant with Bar and Entertainment

512 Lincolnway Highway, Osceola, IN 46561

$595,000
0.67 AC lot

Restaurant sale includes the business, equipment, dedicated parking, and outdoor seating.

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Mishawaka, IN Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Mishawaka, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,675 square feet of properties for sale, with an estimated market value of $4,606,607.

Sale prices for conventional restaurants in Mishawaka, IN start at $2,168,932, averaging $2,303,303, and reaching up to $2,437,675 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 6
Bars & Pubs 3
Coffee shops 2
Drive through restaurants 2

Demographics Overview

Population 58K
Population Growth (5Y) +3.1%
Median Household Income $56,959
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Mishawaka submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46544 $2.2M
46545 $2.4M

Taxes & Financing

Tax Rate (average for all types) 2.61%
Property Tax per SF $45.22 per SF
Tax Rate vs County Average 0.12 pp above 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)

Property Size Breakdown

The majority of commercial real estate listings in Mishawaka fall within the 50,000 to 100,000 square foot range.

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