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Distribution Center With Dock Access
For Sale
$3,676,400

1655 E 12th Street, Mishawaka, IN 46544

COMMERCIAL, Mishawaka, IN

Property SizeContact for details
Lot Size9.38 Acres
Days on Market219

Property Features for 1655 E 12th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Fencing Chain Link
Lot features City
Directions Capital Ave to 12th St west to property South Side of Road
Subdivision St. Joseph County
Standard status Active
APN 71-09-23-100-002.000-022
Lot size 9.38 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 10 Acres Beg 1612.3' E Nw Cor N 1/2 Nw Sec 23 37 3e Ex pts sold for street 18/19 Split for street #440 02/21/17
Tax Annual Amount 38052
Legal Description 10 Acres Beg 1612.3' E Nw Cor N 1/2 Nw Sec 23 37 3e Ex pts sold for street 18/19 Split for street #440 02/21/17

Utilities

Cooling system Multi Units

Building Details

Year built 1968
Flooring type Mixed
Roof type Flat, Metal
Listing Agency: Myers Trust Real Estate
Listed By: Andrew Myers · License #RB14031728
Added: Jan 28 Changed: Sep 2 Last Checked: Sep 4 at 2:06PM
MLS# 202602848

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1968 distribution facility occupies 9.38 acres and includes heavy power distributed throughout the building, updated office areas, and a substantial showroom or bullpen component. The property also provides multiple dock-high doors, several overhead doors, mixed flooring, multi-unit cooling, off-street parking, chain-link fencing, and a combination metal and flat roof system.

The facility is positioned on the south side of Mishawaka at 1655 E 12th Street, with access to Capital and connections to US 20 and 80/90. An extended lease with Dexter Distribution Group is in place, and the property is reported at an 11.2% CAP rate.

Key Highlights

  • 9.38‑acre distribution facility in Mishawaka
  • Heavy power distributed throughout the building
  • Multiple dock‑high doors plus a few overhead doors

Property Analytics

Current Use

Hispec Wheel and Tire (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 46544, IN

31,571
Population
13,661
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
39.8 sq mi
ZIP Area
793
Density / Sq Mi
$57,873
Median Household Income
$40,120
Median Earnings
$1,018
Median Rent
$151,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Heavy power, refreshed office areas, and showroom or bullpen space support distribution and industrial operations.
Where is this distribution center located?
The property is located at 1655 E 12th Street Mishawaka, IN.
What is the asking price?
The asking price for this property is $3,676,400.
What are key features of this property?
This property features: 9.38‑acre distribution facility in Mishawaka; Heavy power distributed throughout the building; Multiple dock‑high doors plus a few overhead doors
More about this property
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