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Free-Standing Restaurant Building
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4240 N Main St, Mishawaka, IN 46545

Contemporary free-standing restaurant with multiple dining areas, bar and outside patio, and 140+ car parking.

Property Size8,862 SF
Lot Size1.96 Acres
Days on Market137

Property Features for 4240 N Main St

General Information

Standard status Active
Size 8,862 SF
Total Parking Spaces 140
Lot size 1.96 Acres
Property subtype Retail
Zoning C-1

Site & Location

Traffic Count 30,283 vehicles/day
Road Access Yes
Utilities to Site Yes
Listing Agency: NAI Cressy - Mishawaka
Listed By: Tim Mehall · License #IN RB14019970
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 5:48PM

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 NAI Cressy - Mishawaka

Investment Insights

Based on property information with market context.

Contemporary, well-maintained free-standing restaurant building totaling 8,862 SF on 1.96 acres, positioned at a signalized corner. The layout includes a reception/lobby area with windows, a separate bar area that connects to an outside patio, and several dining areas with tables and booths.

The site provides 140+ car parking, municipal utilities, and building and monument signage. The property is zoned C-1 Commercial, which allows many commercial uses in the City of Mishawaka.

Additional operating responsibilities described for the tenant include real estate taxes, content and liability insurance, utilities, janitorial, trash, computer/phone, and lawn and snow services. A business relocating liquor license is available but is not included in the sale price. No property showings occur without the broker.

Key Highlights

  • Well maintained free‑standing 8,862 SF contemporary restaurant building on 1.96 acres in Mishawaka
  • Multiple dining areas plus separate bar area with outside patio and reception/lobby with windows
  • Signalized corner location on heavily traveled North Main Street with approximately 30,283 cars driving by daily

Property Analytics

Current Use

Koto Casual Asian ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store

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

30,283 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,112
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Contemporary free-standing restaurant with multiple dining areas, bar and outside patio, and 140+ car parking.
Where is this conventional restaurant located?
The property is located at 4240 N Main St Mishawaka, IN.
What are key features of this property?
This property features: Well maintained free‑standing 8,862 SF contemporary restaurant building on 1.96 acres in Mishawaka; Multiple dining areas plus separate bar area with outside patio and reception/lobby with windows; Signalized corner location on heavily traveled North Main Street with approximately 30,283 cars driving by daily
More about this property
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