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.
- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 4 at 4:46 am
Property Features for 432 S Byrkit Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1957
Listing office Ellsbury Group
Listing date Jun 30, 2026
Source Crexi
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
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
- All leases are month‑to‑month, supporting flexible ownership and short‑notice occupancy
- Priced at $179,000 ($59.67/SF); re‑leasing the vacant unit targets a 10.9% cap rate
- Two long‑term tenants: one for 14 years and another for 5 years
Overview
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.
Current Use by Public Records
Similar Places Nearby
- MCC Self Storage — 1010 S Merrifield Ave, Mishawaka, IN 46544
- Self-Lock Storage of 12th St — 1307 Commonwealth Dr, Mishawaka, IN 46544
Location Insight
- Map
- Local Demand
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.157362
- Latitude
- 41.665586
