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608 Main St Mishawaka, IN 46545

For Sale
$1,299,000

High-traffic location, fully rented, redevelopment potential.

Description

Added:
Feb 3, 2025
Days on Market:
310
This exceptional commercial property, located at 608 N Main Street in Mishawaka, Indiana, presents a fantastic investment or redevelopment opportunity. Situated in the thriving downtown area, this property benefits from its proximity to the newly constructed Inova Federal Credit Union and enjoys exceptional visibility due to its location just half a block from the heavily trafficked intersection of N Main Street (25,000 cars daily) and Mishawaka Avenue (10,000 cars daily, per INDOT Traffic Counts). The building is currently fully occupied, featuring Hometown Pharmacy on the ground floor and five apartments on the upper levels. Recent improvements include a new roof (2021), new ceilings and insulation, and a new maintenance-free metal siding facing the Inova Credit Union. The sale includes an adjacent parking lot with convenient alley access. The property comprises three parcels totaling 0.27 acres (see aerial). Its prime location offers excellent visibility and proximity to the Mishawaka Riverwalk, across Mishawaka Avenue. Furthermore, it's a short distance (0.2 miles) from the newly developed Ironworks Plaza and The Mill apartments, which house the Mishawaka Public House, Sun King Brewery, and Social Cantina. Future development in the area includes The Mill Phase II and the soon-to-open Avalon Apartments. Convenient access to major roadways is also a key advantage, with the Main Street/Grape Road Shopping Corridor (2 miles, 6 minutes), IN-331/Capital Avenue (2.5 miles, 7 minutes), and the University of Notre Dame (5 miles, 15 minutes) all within easy reach. The property is zoned C-1 (Commercial) and has a total tax assessment of $9,034.54 for 2023 across all three parcels.

Property Features for 608 Main St

General Information

Property type
Other commercial real estate
Lot Size
11,761 SF

Building Details

Year Built
1927

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Mishawaka
County
St. Joseph
State
Indiana
Longitude
-86.18097
Latitude
41.66656

FAQs

What type of property is this?
Commercial real estate - High-traffic location, fully rented, redevelopment potential.
Where is this commercial real estate located?
The property is located at 608 Main St Mishawaka, IN.
What is the asking price?
The asking price for this property is $1,299,000.
More about this property
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