Listing Agency: NAI Cressy - Mishawaka r***@cressyandeverett.com Show Phone

Listed By: Roy Roelke · License #IN RB14051091

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 8:44PM

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Investment Insights

Based on property information with market context.

This freestanding commercial building was formerly an embroidery shop and features a nicely finished interior with two offices in the formal area. The back area includes a kitchen, utilities, and an additional individual office. The building is 100% heated and air conditioned and served by municipal utilities. Exterior and parking are described as in good condition, and a new roof was recently installed. Pylon signage is also on-site.

The property is located on the northeast corner of Division St. and Broadway St., less than a mile north of Mishawaka’s Central Business District. The surrounding area includes a mix of residential and local businesses within the Central Business District, which features restaurants, pubs, and emerging retail, along with ongoing apartment development.

With its dedicated office spaces, kitchen and utility area, and on-site parking, the building offers a straightforward layout for an owner-user or a tenant looking for a turnkey, climate-controlled storefront setting.

Key Highlights

• Freestanding commercial building formerly an embroidery shop, with two offices in the front formal area
• Back area includes a kitchen, utilities, and an individual office
• 100% heated and air conditioned with municipal utilities

Property Analytics

Property Profile

Current Use

Violi Shoes Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Garden Center Skin Care Clinic Computer & Electronic Repair (Bike/Boat/Book/etc) 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

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

654

Businesses Nearby

7k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Mobil Shops & Services

7,172 visits/mo 0.3 miles

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Freestanding commercial building with offices, kitchen, 100% HVAC, municipal utilities, pylon signage, and 16 parking spaces.

Where is this storefront property located?

The property is located at 922 Division St Mishawaka, IN.

What are key features of this property?

This property features: Freestanding commercial building formerly an embroidery shop, with two offices in the front formal area; Back area includes a kitchen, utilities, and an individual office; 100% heated and air conditioned with municipal utilities