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Industrial Property with Existing Buildings
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66054 US 31, Lakeville, IN 46536

C-Commercial-zoned site at a signalized intersection with municipal water service and two existing industrial structures.

Property Size4,600 SF
Lot Size2.40 Acres
Days on Market145

Property Features for 66054 US 31

General Information

Standard status Active
Size 4,600 SF
Lot size 2.40 Acres
Property subtype Industrial
Zoning C-Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Land Use industrial, commercial

Building Details

Buildings 2
Listing Agency: NAI Cressy - Mishawaka
Listed By: Noah Davey, CCIM · License #IN RB14051375
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 9:57AM

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 NAI Cressy - Mishawaka

Investment Insights

Based on property information with market context.

This 2.4-acre industrial property includes two existing buildings: a 2,400-square-foot structure with 16-foot ceilings and a 2,200-square-foot structure with 14-foot ceilings. The site is zoned C-Commercial and has municipal water service, while municipal sewer is located across Michigan Street, formerly US 31. Commercial development is identified as the highest and best use.

The property occupies a signalized corner at US 31 South and Pierce Road in Lakeville, Indiana, with approximately 229 feet of US 31 frontage and 372 feet along Pierce Road. Access is available from Lakeville Exit N-4/239 at the realigned US 31. Newton Park is directly across the street and draws an average of 500 to 1,500 visitors per weekend from April through November for baseball, softball, and soccer. Pierce Road also serves as the Lakeville and Potato Creek State Park exit, directing passing traffic by the site.

Key Highlights

  • 2.4‑acre industrial property with two existing buildings
  • 2,400 SF building with 16' ceiling height
  • 2,200 SF building with 14' ceiling height

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Kitchen & Bath Showroom

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 46536, IN

3,257
Population
1,455
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
95%
High-School Grad
29.3 sq mi
ZIP Area
111
Density / Sq Mi
$77,411
Median Household Income
$52,561
Median Earnings
$799
Median Rent
$208,200
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?
Industrial property - C-Commercial-zoned site at a signalized intersection with municipal water service and two existing industrial structures.
Where is this industrial property located?
The property is located at 66054 US 31 Lakeville, IN.
What are key features of this property?
This property features: 2.4‑acre industrial property with two existing buildings; 2,400 SF building with 16' ceiling height; 2,200 SF building with 14' ceiling height
More about this property
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