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Mixed-Use Commercial Building with Apartment
For Sale
Contact for pricing
Pending

1123 S Spring St, Mishawaka, IN 46544

Commercial building with a rear two-bedroom apartment and existing bar-and-restaurant improvements.

Property SizeContact for details
Days on Market141

Property Features for 1123 S Spring St

General Information

Standard status Pending
Property subtype Retail

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Liquor License No
Listing Agency: Irish Realty
Listed By: Brandon Thomas · License #IN
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:12PM

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 Irish Realty

Investment Insights

Based on property information with market context.

This mixed-use commercial property combines a business-oriented building with a two-bedroom, one-bathroom apartment positioned at the rear. Improvements associated with a former bar and restaurant remain in place, supporting consideration of a similar future operation. The property is being offered in its current condition, and the transaction does not include a liquor license.

Located at 1123 S Spring St in Mishawaka, Indiana, the property has tenants who have remained in place for years and maintain the grounds. The existing residential component and commercial improvements create a combined-use configuration at the site.

Key Highlights

  • Two‑bedroom, one‑bathroom apartment located at the rear of the commercial building
  • Former bar‑and‑restaurant improvements remain in place
  • Tenants have occupied the property for years and maintain the grounds

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Skin Care Clinic Food Market (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby

Demographics for 46544, IN

31,571
Population
13,661
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
39.8 sq mi
ZIP Area
793
Density / Sq Mi
$57,873
Median Household Income
$40,120
Median Earnings
$1,018
Median Rent
$151,100
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?
Mixed-use property - Commercial building with a rear two-bedroom apartment and existing bar-and-restaurant improvements.
Where is this mixed-use property located?
The property is located at 1123 S Spring St Mishawaka, IN.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom apartment located at the rear of the commercial building; Former bar‑and‑restaurant improvements remain in place; Tenants have occupied the property for years and maintain the grounds
(219) 851-3677 Call to check price and availability
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