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Edison Lakes Class A Office

3550 Park Pl W, Mishawaka, IN

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For Sale

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Class A office building in Mishawaka's prime office park.

Type:OFFICE

Property size:

6,100 SF

Lot size:

8.28 Acres

Price / SF:

$122/SF

HighLights

Prime location in Edison Lakes corporate park, near retail and business hubs.
Income‑producing opportunity with 3,528 SF leased to a medical office tenant.
Class A office building with 6,100 SF total space.
Flexible leasing options with two suites available (450 SF and 2,122 SF) that can be combined.
Ample parking and a professionally landscaped setting with pond views.
Located in Park Place Edison Lakes, a well‑maintained office park.

We can help!

Listing Contact

John Jessen

For Sale

Contact for pricing

Class A office building in Mishawaka's prime office park.

Type:OFFICE

Property size:

6,100 SF

Lot size:

8.28 Acres

Price / SF:

$122/SF

Added:: Mar 6, 2025
Days on Market:: 466
Last Refresh:: May 20 at 9:44 pm

Property Features for 3550 Park Pl W

General Information

Standard status: Active
Size: 6,100 SF
Lot size: 8.28 Acres
Property subtype: OFFICE

Properties For Sale

at 3550 Park Pl W Contact us

We can help!

Listing Contact

John Jessen

Listing agent John Jessen

Listing office Bradley Company | South Bend

Listing date Mar 6, 2025

Source Moodyscre

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 Bradley Company | South Bend

HighLights

Prime location in Edison Lakes corporate park, near retail and business hubs.
Income‑producing opportunity with 3,528 SF leased to a medical office tenant.
Class A office building with 6,100 SF total space.
Flexible leasing options with two suites available (450 SF and 2,122 SF) that can be combined.
Ample parking and a professionally landscaped setting with pond views.
Located in Park Place Edison Lakes, a well‑maintained office park.

Overview

This 6,100 square foot Class A office building is located in Park Place Edison Lakes, a corporate park in Mishawaka. The property presents an income-producing opportunity, with 3,528 square feet currently leased to a medical office tenant. There are two available suites, one of 450 square feet and another of 2,122 square feet, which can be combined to offer 2,572 square feet of contiguous space. The location is in the heart of Edison Lakes corporate park, placing it minutes away from Mishawaka’s retail and business hubs. The office park is well-maintained and features landscaped grounds and views of an adjacent pond. Ample parking is available.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$86.4k	$14.16
− Vacancy	−$19.0k	−$3.12
EGI	$67.4k	$11.04
− OpEx	−$16.8k	−$2.76
NOI	$50.5k	$8.28

6,100 SF · lease $14.16/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$721.9K

$631.6K – $842.2K (±1% cap)

NOI $50,530 @ 7.0% cap · market cap 6.75%

Second Best

Healthcare Medical

$593.3K

$519.1K – $692.1K (±1% cap)

NOI $41,528 @ 7.0% cap · market cap 5.54%

Theoretical Best

Retail

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,674 @ 7.0% cap · market cap 11.30%

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

Property Profile Location Intelligence

Current Use by Public Records

Matthew M Nachazel ... Insurance Agency Great Lakes Eye ... Medical Clinic Magnolia Angels Home ... Home Health Care Service Used Transmission Warehouse Auto Repair Shop Hilltop Tax Solutions Accounting Firm

Suggested Use

Location Insight

Map
Local Demand

City: Mishawaka
County: St. Joseph
State: Indiana
Longitude: -86.1762
Latitude: 41.6936

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What type of property is this?

Office building - Class A office building in Mishawaka's prime office park.

Where is this office building located?

The property is located at 3550 Park Pl W Mishawaka, IN.

What is the asking price?

The asking price for this property is $749,000.

What are key features of this property?

This property features: Prime location in Edison Lakes corporate park, near retail and business hubs.; Income‑producing opportunity with 3,528 SF leased to a medical office tenant.; Class A office building with 6,100 SF total space.

3550 Park Pl W, Mishawaka, IN

Class A office building in Mishawaka's prime office park.

Property Features for 3550 Park Pl W

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Industrial Distribution and Light Manufacturing

Mishawaka Fourplex - Investor Special

Grocery Shadow Anchored Retail Center

Warehouse with Apartment in Mishawaka

Historic Dodge House For Sale

Class A Office Building For Sale

Versatile Commercial Mixed-Use Property

Mishawaka Industrial Building Redevelopment Opportunity

Downtown Mishawaka Commercial Building For Sale

Adaptable Building in High-Traffic Area

Residential Triplex with 2-Car Garage

Saltgrass Steak House For Sale

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