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Mixed-Use Retail and Residential Property
For Sale
Contact for pricing
Pending

1018-1022 W Jefferson Boulevard, Mishawaka, IN 46545

Fully leased commercial property combines five retail tenants with four one-bedroom apartments and an additional office-converted house.

Property SizeContact for details
Days on Market143

Property Features for 1018-1022 W Jefferson Boulevard

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Site & Location

Corner Location Yes
Road Access Yes

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Cap Rate 12%

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Roth Wehrly Graber South Bend
Listed By: SANDRA HAGEN · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Roth Wehrly Graber South Bend

Investment Insights

Based on property information with market context.

The Newman Building is a mixed-use property with five retail tenants and four residential units. Retail space includes four bathrooms, including two shared common-area bathrooms, along with office areas for two tenants. The apartments each provide one bedroom, one bathroom, a kitchen with electric appliances, and a living room. Exterior painting was completed in 2018.

The offering also includes 1416 N. Logan, a 1,128-square-foot house converted to two to three offices with a small conference room, kitchenette, bathroom, dry basement, and garage. The properties share 12,956 square feet of paved parking. The asset is 100% leased, with staggered lease expirations, and is positioned at the northeast corner of Logan and Jefferson in Mishawaka, Indiana.

Key Highlights

  • Mixed‑use property with 5 retail tenants and 4 residential units
  • 100% leased with staggered expiration dates
  • Apartments feature 1 bedroom, 1 bath, kitchen with electric appliances, and living room

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic Garden Center

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby

Demographics for 46545, IN

26,312
Population
13,046
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
1,438
Density / Sq Mi
$55,889
Median Household Income
$36,999
Median Earnings
$986
Median Rent
$174,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased commercial property combines five retail tenants with four one-bedroom apartments and an additional office-converted house.
Where is this mixed-use property located?
The property is located at 1018-1022 W Jefferson Boulevard Mishawaka, IN.
What are key features of this property?
This property features: Mixed‑use property with 5 retail tenants and 4 residential units; 100% leased with staggered expiration dates; Apartments feature 1 bedroom, 1 bath, kitchen with electric appliances, and living room
More about this property
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