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    415 Lincolnway Mishawaka, IN 46544

    Sponsored
    For Sale
    $425,000

    4,834 SF Office, Mishawaka, IN

    Property size:
    4,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The iconic Dodge House, a National Register of Historic Places property, presents a unique investment opportunity. This meticulously restored 4,834 square foot building boasts stunning Queen Anne architecture, showcasing exquisite details throughout. Original features include beveled leaded glass, an impressive oak staircase, elaborate plasterwork, captivating frescoes, and beautiful maple, cherry, and oak parquet floors in five rooms, each featuring a restored fireplace. The property includes eight large offices or rooms, a comfortable sitting room, and a functional kitchen, providing ample space for a variety of uses. Built in 1889 and renovated in 1977, the building offers both historical charm and modern conveniences. The two-floor layout features separate forced-air heating and central air conditioning systems, ensuring year-round comfort. For added safety, the building is equipped with a sprinkler system. Located at 415 Lincolnway E in Mishawaka, Indiana (zip code 46544), this C-3 City Center Commercial zoned property offers exceptional potential as either a traditional office space or a remarkable residential conversion. Its prime location and historical significance make it a truly exceptional offering. The asking price is $425,000.

    Property Features for 415 Lincolnway

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,834 SF

    Building Details

    Year Built/Renovated
    1889/1977

    HighLights

    • Historic Dodge House, beautifully restored inside and out.
    • Eight large offices/rooms, plus sitting room and kitchen.
    • Five rooms feature fireplaces and restored parquet floors.
    • 4,834 square feet on two floors with separate forced‑air heat and central air conditioning.
    • Fully sprinklered.
    • Zoned C‑3 City Center Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cloverdale College College Rieff Law Office ... Attorney Forum Architects LLC Architect

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.1760751
    Latitude
    41.6608735

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    FAQs

    What type of property is this?
    Office Property / Space - 4,834 SF Office, Mishawaka, IN
    Where is this office property / space located?
    The property is located at 415 Lincolnway Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Historic Dodge House, beautifully restored inside and out.; Eight large offices/rooms, plus sitting room and kitchen.; Five rooms feature fireplaces and restored parquet floors.
    (317) 269-1064
    Request Owner's contact information
    415 Lincolnway Mishawaka, IN 46544
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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
    415 Lincolnway Mishawaka, IN 46544
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