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

521 E Marion Street, Mishawaka, IN 46545

Multi-tenant commercial property with adaptable work areas, office support, customer-facing improvements, and on-site parking.

Property SizeContact for details
Days on Market2

Property Features for 521 E Marion Street

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Year Built 1990
Listed By: Robert L. Thatcher, CRRP, CRX, CSM, CLS, CMD, CDP
Source: Cbcworldwide
Added: Sep 5 Last Checked: Sep 6 at 3:47AM

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.

This mixed-use commercial property, built in 1990, combines two occupied commercial suites with an owner area configured for flexible business use. The approximately 2,500-square-foot owner suite includes a 14-foot eave height, clear-span interior, two 10-by-12-foot overhead doors with openers, reception and office space, storage, work rooms, and restroom facilities. The layout can support warehouse, shop, showroom, or other operational functions, subject to applicable requirements.

The two existing commercial occupants include a custom home builder showroom and an operating shop. The showroom features built-in casework, hard-surface counters, a fireplace, and a custom bathroom with shower. The shop includes a 10-by-12-foot overhead door with opener, dedicated office space, lighting, and restroom facilities. Exterior features include a Dryvit-EFIS finish, monument signage, a front deck, and multiple on-site parking spaces.

Key Highlights

  • Approximately 2,500 SF owner suite with 14' eave height
  • Clear‑span interior with two 10'x12' overhead doors and openers
  • Two longstanding commercial tenants currently occupy the property

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 - Multi-tenant commercial property with adaptable work areas, office support, customer-facing improvements, 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 longstanding commercial tenants currently occupy the property
More about this property
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