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Mixed-Use Building with Warehouse Bay
New
For Sale
$399,000

521 E Marion Street, Mishawaka, IN 46545

Commercial property combines tenant suites with a clear-span work area, office functions, signage, and on-site parking.

Property SizeContact for details
Days on Market6

Property Features for 521 E Marion Street

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Gross Income $13,200
Clear Span Yes

Amenities

Monument Signage
Upscale Front Deck

Building Details

Year Built 1990
Listing Agency:
Listed By: Robert L. Thatcher, CRRP, CRX, CSM, CLS, CMD, CDP
Source: Cbcworldwide
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 30 at 12:50PM

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 Robert L. Thatcher, CRRP, CRX, CSM, CLS, CMD, CDP

Investment Insights

Based on property information with market context.

Built in 1990, this mixed-use commercial property includes two established tenant areas and an owner suite of approximately 2,500 square feet. The owner area features a 14-foot eave height, clear-span interior, two 10-by-12-foot overhead doors with openers, a reception and office area, storage, work rooms, and a restroom. Its open layout can support warehouse, workshop, or other commercial functions, subject to applicable requirements.

The tenant spaces include a custom home builder showroom with built-in casework, hard-surface counters, a fireplace, and a finished bath with shower, along with a functioning shop area offering an overhead door, office space, lighting, and a restroom. Exterior features include a Dryvit-EFIS finish, monument signage, a front deck, and multiple on-site parking spaces. The property is located at 521 E Marion Street in Mishawaka, Indiana.

Key Highlights

  • Approximately 2,500 SF owner suite with 14' eave height
  • Clear‑span interior with two 10'x12' overhead doors and openers
  • Two established commercial tenant areas

Property Analytics

Current Use

Herb's Drywall Services ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center

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

412
Businesses Nearby

Demographics for 46545, IN

26,312
Population
13,046
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
1,438
Density / Sq Mi
$55,889
Median Household Income
$36,999
Median Earnings
$986
Median Rent
$174,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property combines tenant suites with a clear-span work area, office functions, signage, and on-site parking.
Where is this mixed-use property located?
The property is located at 521 E Marion Street Mishawaka, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 2,500 SF owner suite with 14' eave height; Clear‑span interior with two 10'x12' overhead doors and openers; Two established commercial tenant areas
More about this property
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