Mixed-Use Property in Downtown
For Sale
$1,350,000
608 N Main Street, Mishawaka, IN 46545
Investment opportunity near Mishawaka Riverwalk with retail and apartments.
Property SizeContact for details
Days on Market347
Property Features for 608 N Main Street
General Information
Standard status
Active
Property subtype
Mixed Use
Building Details
Year Built
1927
Listing Agency:
(574) 243-9522
Listed By:
John Piraccini
(574) 243-9522
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: May 21
Last Checked: Apr 9 at 9:00PM
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 John Piraccini
Investment Insights
Based on property information with market context.
This mixed-use property is located in the downtown district of Mishawaka, adjacent to the Inova Federal Credit Union and near the intersection of N Main St and Mishawaka Ave. The building features a retail level, currently occupied by Hometown Pharmacy with a newly signed 3-year lease, and five apartments upstairs. A new roof with a 20-year warranty was installed in March of this year, and new maintenance-free metal siding has been added on the side of the building facing the Inova Credit Union. The property includes an adjacent parking lot with alley access and consists of three parcels. The location offers visibility, with the Mishawaka Riverwalk across Mishawaka Ave. Across the river is the Ironworks Plaza and The Mill apartments, which includes the Mishawaka Public House, Sun King Brewery, and Social Cantina. The Mill Phase II is in development, and the Avalon Apartments are now open. The property is located 2 miles from the Main St/Grape Rd Shopping Corridor, 2.5 miles from IN-331/Capital Ave, and 5 miles from the University of Notre Dame. The zoning is C-1: Commercial. The total taxes for all three parcels are $7,143.00.
Key Highlights
- High Net Operating Income: $135,988.26 annually.
- Prime location** in Mishawaka's fast‑growing downtown, near major intersection and Riverwalk.
- Fully rented building with Hometown Pharmacy (new 3‑year lease) and 5 apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Investment opportunity near Mishawaka Riverwalk with retail and apartments.
Where is this mixed-use property located?
The property is located at 608 N Main Street Mishawaka, IN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High Net Operating Income: **$135,988.26 annually.**; Prime location** in Mishawaka's fast‑growing downtown, near major intersection and Riverwalk.; Fully rented building with Hometown Pharmacy (new 3‑year lease) and 5 apartments.
