607 W Lincolnway Highway, Mishawaka, IN 46544
Two-story, 2,080 SF office building in downtown Mishawaka.
- Added:
- Dec 3, 2025
- Days on Market:
- 188
- Last Refresh:
- Apr 5 at 8:34 pm
Property Features for 607 W Lincolnway Highway
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Property subtype
- Office
Listing agent John Piraccini
Listing office (574) 243-9522
Listing date Dec 3, 2025
Source Cbcworldwide
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 John Piraccini
HighLights
- High‑visibility location on heavily traveled Lincolnway W (13,000+ cars daily) in Downtown Mishawaka.
- Versatile property suitable for business, investment, or residential conversion.
- 2,080 SF building with inviting welcome area, 2 restrooms, and a kitchenette.
- Proximity to Downtown Mishawaka, Kamm Island, and the Mishawaka Riverwalk.
- Updated with new windows and a newer, high‑efficiency furnace.
- Convenient access to major roadways (IN‑331, US 20 Bypass) and nearby cities (South Bend, Notre Dame).
Overview
Local Financial Insights For Office B
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 | $29.5k | $14.16 |
| − Vacancy | −$6.5k | −$3.12 |
| EGI | $23.0k | $11.04 |
| − OpEx | −$5.7k | −$2.76 |
| NOI | $17.2k | $8.28 |
Alternative Uses
Current Use by Public Records
Map
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.1361
- Latitude
- 41.6161