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    500 Commerce Dr Lakeville, IN 46536

    For Sale
    $435,000

    Mixed Use - Lakeville, IN

    Type:Mixed Use
    Lot size:
    2.30 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 500 Commerce Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    71-13-34-277-002.000-028
    Parking
    25
    Parking features
    Paved or Surfaced
    Interior features
    Drywall, Unfinished, 110 Volts, 220 Volts, Three Phase, Overhead Door 1, Overhead Door 2, Office Space, Reception Area, Ventilating/Exhaust Fans
    Exterior features
    110 Volts, 220 Volts, Three Phase, Loading Dock 1, Loading Dock 2, Overhead Door 1, Overhead Door 2, Office Space, Reception Area, Ventilating/Exhaust Fans
    Lot size
    2.30 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Laminate
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Results (574) 269-6911 [email protected]

    Listing agent Anna Gilsinger (574) 269-6911 License #RB15001631

    Listing date Oct 31, 2025

    MLS# 202500693 Listing URL

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

    Overview

    Mixed-Use Building with Warehouse Space

    This mixed-use building in Lakeville, Indiana, offers a combination of warehouse and office space. The property includes two warehouse areas totaling over 10,400 square feet, complemented by an attached office area. The office space features three offices, an ADA-compliant bathroom, a lunch area, and storage. The warehouses are equipped with new overhead doors, a separate bathroom, three-phase electric power, two loading docks (one with a leveler), and a sprinkler system. The ceilings in the warehouse areas are 12 feet high, with 11-foot doors. The property also features an expansive gravel parking lot to the south of the building and a paved parking lot for the office area. The property is situated on a 2.3-acre lot and offers convenient access to local highways. Office furnishings are included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Kitchen & Bath Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.276452
    Latitude
    41.528933

    Nearby Similar for Sale

    • $525,000
      2.30 Acres

      500 Commerce Dr, Lakeville, IN 46536

      Commercial real estate • 2.30 Acres
      500 Commerce Dr, Lakeville, IN 46536
      View Details

    FAQs

    What type of property is this?
    Warehouse - Mixed-use building featuring warehouse and office space with ample parking.
    Where is this warehouse located?
    The property is located at 500 Commerce Dr Lakeville, IN.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Expansive warehouse space (over 10,400 sq ft) with **two loading docks (one with leveler)**.; - Includes attached office area with **three offices, ADA bathroom, lunch area, and storage**.; - Features **new overhead doors, three-phase electric, and a sprinkler system** in the warehouses.
    (574) 269-6911
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    500 Commerce Dr Lakeville, IN 46536
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    Lakeville, IN 46536
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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
    500 Commerce Dr Lakeville, IN 46536
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