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    213 W Lincolnway Hwy Osceola, IN 46561

    For Sale
    $229,000

    Mixed Use, Franchise - Osceola, IN

    Type:Mixed Use
    Lot size:
    0.43 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 213 W Lincolnway Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Office
    Bathrooms
    1
    APN
    71-10-16-176-004.000-030
    Parking
    30
    Parking features
    Garage, Off Street
    Interior features
    Drywall, Unfinished, Handicap Access, Overhead Door 1, Overhead Door 2, Delivery Door, Display Room, Display Window(s), Office Space, Reception Area
    Exterior features
    Fenced, Handicap Access, Overhead Door 1, Overhead Door 2, Delivery Door, Display Room, Display Window(s), Office Space, Reception Area
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.43 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    JMG Indiana (574) 993-7355

    Listing agent Teresa Brown (574) 993-7355 License #RB14023734

    Listing date Oct 10, 2025

    MLS# 202510400 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

    Versatile Commercial Property in Osceola

    This multi-use commercial property is located in a high-visibility location connecting St. Joseph and Elkhart Counties. The property is suitable for a variety of businesses, including auto sales, mechanics, storage, showroom, or office space. It features three buildings totaling approximately 1,700 sq. ft., plus an unheated 133 sq. ft. back storage room on the main building. There are also two pole barns with separate electric meters, each with space for an office and the potential for gas furnaces. The front office building includes a large storage room, break room space, and a half bathroom. Three overhead garage doors provide easy access. The expansive parking lot accommodates approximately 30+ vehicles. Recent upgrades include new siding and roofs on all buildings, fresh painted trim, painted overhead doors, and some updated plumbing. The property is in clean and move-in ready condition. Previously used as a car lot, it offers opportunities for a mechanics shop, paint booths, or a storage facility. The property has a lot size of 0.43 acres. City utilities are planned for the future.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Lakeside Auto Detailing & Accessories

    Map

    City
    Osceola
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.073917
    Latitude
    41.662924

    Nearby Similar for Sale

    • $600,000
      4,928 SF

      Osceola Office Building - $600K

      Prime Osceola office, high traffic location.
      320 Lincolnway, Osceola, IN 46561
      View Details

    FAQs

    What type of property is this?
    Auto shop - Multi-use property ideal for auto sales, mechanics, storage, or showroom.
    Where is this auto shop located?
    The property is located at 213 W Lincolnway Hwy Osceola, IN.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - High-visibility location connecting two counties, ideal for commercial ventures.; - Multi-use property suitable for auto sales, mechanics, storage, showroom, or office space.; - Three buildings totaling approximately 1,700 sq. ft. plus two pole barns with office space potential.
    (574) 993-7355
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    Osceola, IN 46561
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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
    213 W Lincolnway Hwy Osceola, IN 46561
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