Four-Unit Mixed-Use
New
For Sale
$240,000
402 W Mishawaka Ave, Mishawaka, IN 46545
Three apartments and a storefront provide distinct residential and commercial components in one centrally located building.
Property Size3,252 SF
Price / SF$73.80
Days on Market5
Property Features for 402 W Mishawaka Ave
General Information
Standard status
Active
Size
3,252 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$3,586
Listing Agency:
Berkshire Hathaway Home Services Elk2
(574) 904-7341
Listed By:
Amy Warner
(574) 904-7341
Source:
Exprealty
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 6:20PM
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 Berkshire Hathaway Home Services Elk2
Investment Insights
Based on property information with market context.
This 3,252-square-foot mixed-use building contains four separate spaces: three residential apartments and one storefront. The residential component includes two one-bedroom units and one two-bedroom unit. One one-bedroom apartment is vacant and updated with a new shower base and replaced appliances, while the two-bedroom unit has been cleaned and requires final finishing work. The second one-bedroom apartment is leased through February 2027. Utilities are not separately metered among the units.
The commercial space fronts W Mishawaka Avenue across from the Riverwalk, with exposure to both pedestrian and vehicle activity. On-site parking includes a one-stall detached garage, front driveway, street parking, and a rear parking area near Unit A. The property is located near dining, shopping, and major roadways in Mishawaka, Indiana.
The commercial space fronts W Mishawaka Avenue across from the Riverwalk, with exposure to both pedestrian and vehicle activity. On-site parking includes a one-stall detached garage, front driveway, street parking, and a rear parking area near Unit A. The property is located near dining, shopping, and major roadways in Mishawaka, Indiana.
Key Highlights
- 3,252‑square‑foot mixed‑use building with four spaces
- Three apartments plus one storefront
- Residential mix includes two one‑bedroom units and one two‑bedroom unit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments and a storefront provide distinct residential and commercial components in one centrally located building.
Where is this mixed-use property located?
The property is located at 402 W Mishawaka Ave Mishawaka, IN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 3,252‑square‑foot mixed‑use building with four spaces; Three apartments plus one storefront; Residential mix includes two one‑bedroom units and one two‑bedroom unit
