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    5319-5351 Main St Mishawaka, IN 46545

    Sponsored
    For Lease
    $30 SF/Yr

    Mishawaka, IN retail space available. High traffic location.

    Lot size:
    12,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the thriving Main Street Marketplace shopping center in Mishawaka, Indiana. The 1,200 square foot space is situated in a highly visible location at the southwest corner of N. Main Street and Douglas Road, a bustling intersection with over 45,000 vehicles passing daily. Built in 2005, this single-story, 12,936 square foot center boasts a strong tenant mix including established businesses such as Starbucks, Jimmy John's, AAA, Great Clips, Eye Site Optical, and Taste of Asia, ensuring high foot traffic and a vibrant atmosphere. The available space features attractive storefront windows, an open floor plan ideal for various retail uses, its own restroom, and access to ample shared on-site surface parking. The property's prime location offers easy access to the Saint Joseph Regional Medical Center, numerous restaurants, shopping centers, and residential areas. Its proximity to the Capital Avenue (SR 331) extension, connecting to the I-80/90 Indiana Toll Road, further enhances its accessibility and appeal. The property is zoned S-2 PUD and sits on 1.58 acres of land (APN: 71-04-33-201-014.000-005). This is a fantastic opportunity for a business seeking a high-visibility location in a well-established and successful shopping center.

    Property Features for 5319-5351 Main St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,936 SF
    Total Rate
    32340

    Building Details

    Year Built
    2005
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 5339
    Size
    1,200 SF
    Rate per SF
    $30

    HighLights

    • 1,200 SF retail space available in the Main Street Marketplace shopping center in Mishawaka, IN.
    • High‑visibility location at N. Main St & Douglas Rd intersection, with over 45,000 vehicles daily.
    • Strong tenant mix including Starbucks, Jimmy John's, and others, ensuring high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1813943
    Latitude
    41.7086401

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    FAQs

    What type of property is this?
    Lifestyle center - Mishawaka, IN retail space available. High traffic location.
    Where is this lifestyle center located?
    The property is located at 5319-5351 Main St Mishawaka, IN.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF retail space available in the Main Street Marketplace shopping center in Mishawaka, IN.; High-visibility location at N. Main St & Douglas Rd intersection, with over 45,000 vehicles daily.; Strong tenant mix including Starbucks, Jimmy John's, and others, ensuring high foot traffic.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5319-5351 Main St Mishawaka, IN 46545
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