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    1303 Lincolnway E Goshen, IN 46526

    For Sale
    $675,000

    Mixed Use - Goshen, IN

    Type:Mixed Use
    Lot size:
    1.43 Acres
    Days on Market:
    119
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1303 Lincolnway E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    20-11-15-260-011.000-015
    Interior features
    Block, Drywall, Handicap Access
    Exterior features
    Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Lot size
    1.43 Acres

    Utilities

    Cooling system
    Central Air, Wall Unit(s)

    Building Details

    Year built
    1946
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Tile, Wood
    Roof type
    Shingle
    Architectural style
    Other

    RE/MAX Results (260) 490-1590 [email protected]

    Listing agent Crystal Miller (260) 490-1590 License #RB18001311

    Listing date Aug 15, 2025

    MLS# 202525461 Listing URL

    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Retail Investment Opportunity

    This commercial property in Goshen, Indiana, features a vacant restaurant space suitable for a new dining concept or lease. A three-way liquor license will transfer to the new owners. In addition to the restaurant, two buildings are occupied by established businesses, providing rental income. The property offers a combination of investment stability and business opportunities. The lot size is 1.43 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Image Salon ... Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Goshen
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.813392
    Latitude
    41.573654

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    FAQs

    What type of property is this?
    Restaurant - Commercial property with restaurant, established businesses, and income potential.
    Where is this restaurant located?
    The property is located at 1303 Lincolnway E Goshen, IN.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Three-way liquor license included in sale.; - Vacant restaurant space ready for immediate use or lease.; - Two additional buildings with established businesses provide rental income.
    (260) 490-1590
    Request Owner's contact information
    1303 Lincolnway E Goshen, IN 46526
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    Goshen, IN 46526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1303 Lincolnway E Goshen, IN 46526
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