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City Center Development Land Opportunity

500 Lincolnway West, Mishawaka, IN 46544

For Sale
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Vacant development lot on heavily traveled Lincolnway W with C-3 City Center Commercial zoning for flexible project types.

Property SizeContact for details
Days on Market162

Property Features for 500 Lincolnway West

General Information

Standard status Active
Property subtype Land
Zoning C-3: City Center Commercial

Site & Location

Traffic Count 11,400 vehicles/day
Highway Access Yes
Listing Agency: Coldwell Banker Commercial Roth Wehrly Graber South Bend
Listed By: John Piraccini · License IN RB14045659
Source: Crexi
Added: Jun 2 Changed: Nov 3 Last Checked: Nov 10 at 5:46AM

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 Coldwell Banker Commercial Roth Wehrly Graber South Bend

Rey
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Investment Insights

Based on property information with market context.

This vacant commercial land parcel offers a straightforward development site suited for a variety of small-scale projects. The property is positioned to support uses consistent with its City Center Commercial zoning, including office, retail, and residential development options such as single-family or multi-family construction.

Located on Lincolnway W, the corridor carries more than 11,400 vehicles per day, placing the site in the core of Downtown Mishawaka. The property is about two blocks from Ironworks Plaza, including Mill Phase I and II, as well as Kamm Island and the Mishawaka Riverwalk. A brand-new Beacon Medical Outpatient Hospital is approximately five blocks away on the corner of N Church St and Lincolnway E. Additional driving distances provided include roughly 2.5 miles to IN-331/Capital Ave, about 2.5 miles to the Main St/Grape Rd shopping corridor, just over 3 miles to Downtown South Bend, and about 4.5 miles to the University of Notre Dame.

With C-3: City Center Commercial zoning, this parcel is positioned for developers and operators seeking flexibility for office, retail, or residential concepts in a downtown setting. Current property taxes are listed at $76.60 for the 2025 tax year (payable in 2026).

Key Highlights

  • Vacant development lot on heavily traveled Lincolnway W with over 11,400 cars daily
  • Zoned C‑3: City Center Commercial, allowing a wide array of uses
  • Located in Downtown Mishawaka, about 2 blocks from Ironworks Plaza (Mill Phase I & II)

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Grocery & Convenience Store Computer & Electronic Repair HVAC Service Cafe & Coffee 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.

Lease Details

11,400 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

753
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Mishawaka

Jul
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Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant development lot on heavily traveled Lincolnway W with C-3 City Center Commercial zoning for flexible project types.
Where is this commercial land located?
The property is located at 500 Lincolnway West Mishawaka, IN.
What is the asking price?
The asking price for this property is $99,500.
What are key features of this property?
This property features: Vacant development lot on heavily traveled Lincolnway W with over 11,400 cars daily; Zoned C‑3: City Center Commercial, allowing a wide array of uses; Located in Downtown Mishawaka, about 2 blocks from Ironworks Plaza (Mill Phase I & II)
(574) 360-6881 Call to check price and availability
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