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Flex Warehouse with Office & Yards
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500 Commerce Dr, Lakeville, IN 46536

Well-maintained flex warehouse with low- and high-bay areas, office suite, ample parking, drive-up access, and excess ground.

Property Size12,192 SF
Price / SF$38.96
Days on Market159

Property Features for 500 Commerce Dr

General Information

Standard status Active
Size 12,192 SF
Property subtype Office, Industrial
Zoning GI

Building Details

Year Built 1996
Buildings 1
Stories 1
Listing Agency: NAI Cressy - Mishawaka
Listed By: Christian Davey · License #RB14049113
Source: Crexi
Added: Apr 1 Changed: Sep 5 Last Checked: Sep 5 at 10:11AM

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 NAI Cressy - Mishawaka

Investment Insights

Based on property information with market context.

This well-maintained commercial building is designed to support office, light industrial, logistics, distribution, manufacturing, and service-oriented uses. The interior includes a 6,000 SF low-bay area with approximately 12’ clear height, two overhead doors, one exterior dock, plus a shop office and shop restroom. An additional 4,400 SF high-bay space offers 18’ clear height, one dock door, and a dedicated shop office. Complementing the industrial areas is a 1,700 SF office suite featuring four private offices, a large conference room, a break room, and an office restroom.

The site provides ample parking, convenient drive-up access, and on-site security with camera systems. The property is positioned just south of the South Bend metropolitan area, with connectivity via nearby U.S. Route 31 and access to surrounding state highways for regional mobility.

An area of excess ground supports outdoor storage or future expansion, adding flexibility to the overall site layout.

Key Highlights

  • 6,000 SF low‑bay area with approx. 12’ clear height, two overhead doors, one exterior dock, plus shop office and shop restroom
  • 4,400 SF high‑bay space with 18’ clear height, one dock door, and dedicated shop office
  • 1,700 SF office suite with four private offices, large conference room, break room, and office restroom

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Kitchen & Bath Showroom Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46536, IN

3,257
Population
1,455
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
95%
High-School Grad
29.3 sq mi
ZIP Area
111
Density / Sq Mi
$77,411
Median Household Income
$52,561
Median Earnings
$799
Median Rent
$208,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • The Charcuterie Chick 21409 Quinn Rd, Lakeville, IN 46536

Frequently Asked Questions

What type of property is this?
Flex space - Well-maintained flex warehouse with low- and high-bay areas, office suite, ample parking, drive-up access, and excess ground.
Where is this flex space located?
The property is located at 500 Commerce Dr Lakeville, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 6,000 SF low‑bay area with approx. 12’ clear height, two overhead doors, one exterior dock, plus shop office and shop restroom; 4,400 SF high‑bay space with 18’ clear height, one dock door, and dedicated shop office; 1,700 SF office suite with four private offices, large conference room, break room, and office restroom
(574) 485-1534 Call to check price and availability
More about this property
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