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    Downtown Mishawaka Commercial Building For Sale Title is generated by Realmo AI

    110 Lincolnway E, Mishawaka, IN 46544

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    Charming commercial building in downtown Mishawaka's central business district.

    Type:Retail
    Property size:
    3,120 SF
    Price / SF:
    $158/SF
    Added:
    Jan 30, 2026
    Days on Market:
    147
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 110 Lincolnway E

    General Information

    Standard status
    Active
    Size
    3,120 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1933

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    Joe Grabill
    Joe Grabill

    Listing office Northern Indiana Real Estate Mishawaka

    Listing date Jan 30, 2026

    Source Crexi

    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 Northern Indiana Real Estate Mishawaka

    HighLights

    • Turn‑key café configuration ready for immediate operation.
    • Prime downtown Mishawaka location with high pedestrian traffic.
    • Flexible multi‑level layout suitable for various hospitality uses.
    • Character‑rich interior blending historic elements with thoughtful design.
    • Ideal for restaurant/pub or coffee shop concepts.
    • Located in an active, revitalized streetscape.

    Overview

    This architecturally distinctive commercial building is situated in the heart of downtown Mishawaka's central business district. The property benefits from strong pedestrian traffic and a revitalized streetscape. The 3,120 square-foot space is currently configured as a turn-key café and features a character-rich interior that blends historic elements with thoughtful design. Multiple levels provide flexible layout options. The property is suitable for a restaurant, pub, or coffee shop. It is also well-suited for hospitality users or owner-operators seeking a downtown presence.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $50.5k $16.20
    − Vacancy −$1.7k −$0.55
    EGI $48.8k $15.65
    − OpEx −$12.2k −$3.91
    NOI $36.6k $11.74
    3,120 SF · lease $16.20/SF/yr · vacancy 3.40% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $523.1K
    $457.7K – $610.3K (±1% cap)
    NOI $36,619 @ 7.0% cap · market cap 7.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Retail
    $618.7K
    $541.4K – $721.8K (±1% cap)
    NOI $43,308 @ 7.0% cap · market cap 8.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Embassy Coffee Cafe & Coffee Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Embassy Coffee — 110 Lincolnway E, Mishawaka, IN 46544
    • Chicory Cafe Mishawaka — 114 W 1st St, Mishawaka, IN 46544

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.180125
    Latitude
    41.661352

    FAQs

    What type of property is this?
    Coffee shop - Charming commercial building in downtown Mishawaka's central business district.
    Where is this coffee shop located?
    The property is located at 110 Lincolnway E Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Turn‑key café configuration ready for immediate operation.; Prime downtown Mishawaka location with high pedestrian traffic.; Flexible multi‑level layout suitable for various hospitality uses.
    (574) 284-2610 Call to check price and availability
    More about this property
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