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Mixed-Use Office and Retail Building
For Sale
$95,000

503 Lincolnway W, Osceola, IN 46561

Medical massage facility with office and small retail potential, plus a large unfinished area for customization.

Property SizeContact for details
Days on Market54

Property Features for 503 Lincolnway W

General Information

Standard status Active

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,608
Listing Agency: Moser Realty
Listed By: Joni Moser
Source: Exprealty
Added: Jul 14 Changed: Aug 27 Last Checked: Sep 4 at 11:20AM

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 Moser Realty

Investment Insights

Based on property information with market context.

This property is currently operated as a medical massage facility and includes two rooms and a half bath. A large unfinished area is available to be finished to match the buyer’s intended use. The building has electric heat and window A/C, and the roof and siding were installed approximately three years ago.

The parcel is located on a highly trafficked road. The lot is large and extends back to the tracks, providing space for potential additional improvements, including room for paving a parking lot.

Mixed uses are possible, and the property may also be considered for residential housing per St. Joseph County. Showing requires 24 hours’ notice, with openings scheduled for evenings (after 6) Monday through Thursday, or anytime Friday through Sunday.

Key Highlights

  • Mixed‑use potential with current use as a medical massage facility, plus office and small retail options.
  • Zoned/allowance supports residential housing per St. Joseph County.
  • Currently features 2 rooms, a half bath, and a large unfinished area that can be finished for the intended use.

Property Analytics

Current Use

Natural Health Maintenance Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Restaurant Pharmacy Auto Parts Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46561, IN

14,155
Population
5,580
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
92%
High-School Grad
13.6 sq mi
ZIP Area
1,041
Density / Sq Mi
$83,520
Median Household Income
$43,107
Median Earnings
$1,137
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Medical massage facility with office and small retail potential, plus a large unfinished area for customization.
Where is this spa & wellness property located?
The property is located at 503 Lincolnway W Osceola, IN.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Mixed‑use potential with current use as a medical massage facility, plus office and small retail options.; Zoned/allowance supports residential housing per St. Joseph County.; Currently features 2 rooms, a half bath, and a large unfinished area that can be finished for the intended use.
More about this property
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