Small-Bay Industrial
For Sale
$150,000
432 S Byrkit Ave, Mishawaka, IN 46544
All-electric industrial building offers four small-bay units with six grade-level drive-in doors for flexible tenant use.
Property Size3,000 SF
Price / SF$50
Days on Market96
Property Features for 432 S Byrkit Ave
General Information
Standard status
Active
Size
3,000 SF
Occupancy
75%
Additional Details
Cap Rate
10.9%
Drive-In Doors
6
Building Details
Year Built
1957
Tenancy
Multi
Listing Agency:
Ellsbury Group
Listed By:
Tariq Suboh · License #475192080
(219) 805-5200
Source:
Kmsrealestategroup
Added: Jul 3
Changed: Oct 1
Last Checked: Oct 5 at 11:14PM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
432 S Byrkit Avenue is a 3,000 SF all-electric industrial building configured as four individual small-bay units. The property includes six grade-level drive-in doors, supporting independent access for each unit. Leases are written on a month-to-month basis, providing flexibility for both tenants and an owner-operator.
Located in Mishawaka, Indiana, the building is part of a small industrial cluster along S Byrkit Avenue. According to the offering, three of the four units are currently leased, and 434 S Byrkit is available as well, offering an opportunity to expand within the same immediate area.
This format suits contractors, tradesmen, online sellers, and storage users that need direct, grade-level access within a compact footprint. With multiple tenants, income is diversified across the four bays, and the month-to-month structure can accommodate an owner-user who wants to move in with short notice. The available vacant unit also allows for straightforward re-leasing to complete occupancy across the building.
Located in Mishawaka, Indiana, the building is part of a small industrial cluster along S Byrkit Avenue. According to the offering, three of the four units are currently leased, and 434 S Byrkit is available as well, offering an opportunity to expand within the same immediate area.
This format suits contractors, tradesmen, online sellers, and storage users that need direct, grade-level access within a compact footprint. With multiple tenants, income is diversified across the four bays, and the month-to-month structure can accommodate an owner-user who wants to move in with short notice. The available vacant unit also allows for straightforward re-leasing to complete occupancy across the building.
Key Highlights
- 3,000 SF all‑electric industrial building built in 1957 in Mishawaka, IN
- Configured as four individual small‑bay units with six grade‑level drive‑in doors
- Three of four units are leased for $18,000/yr in place; one vacant unit available
Property Analytics
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Current Use
Lease Details
6
Drive-in doors
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Moore Self Lock Storage — 1703 N Cedar St, Mishawaka, IN 46545
Frequently Asked Questions
What type of property is this?
Warehouse - All-electric industrial building offers four small-bay units with six grade-level drive-in doors for flexible tenant use.
Where is this warehouse located?
The property is located at 432 S Byrkit Ave Mishawaka, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 3,000 SF all‑electric industrial building built in 1957 in Mishawaka, IN; Configured as four individual small‑bay units with six grade‑level drive‑in doors; Three of four units are leased for $18,000/yr in place; one vacant unit available
