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    1621 Mckinley Ave Mishawaka, IN 46545

    Sponsored
    For Sale
    $180,000

    High-traffic, ready-to-build commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This 0.6-acre commercial lot, located at 1621 E McKinley Ave in Mishawaka, Indiana (zip code 46545), is priced at $180,000. Previously a convenience store and gas station, the site has been fully cleared and all underground storage tanks removed. The property is zoned C-4 and features two curb cuts for easy access and high visibility. A significant portion of the lot is already paved, reducing initial development costs. Its location on the eastern edge of a mid-north Mishawaka retail area ensures high traffic counts and excellent visibility, making it ideal for quick-service restaurants (QSRs) and other businesses seeking a prominent location within a bustling retail corridor. The property's strategic positioning offers significant growth potential and brand exposure in a thriving community. This ready-to-build site presents a unique opportunity for a seamless transition into a thriving commercial operation. The property is situated in St. Joseph County and offers an exceptional opportunity for businesses seeking high visibility and customer engagement in a prime Mishawaka location.

    Property Features for 1621 Mckinley Ave

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • High‑traffic retail location.
    • Prime location in a busy retail corridor.
    • Strong demographics and high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1566955
    Latitude
    41.6799645

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    FAQs

    What type of property is this?
    Land - High-traffic, ready-to-build commercial lot
    Where is this land located?
    The property is located at 1621 Mckinley Ave Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: High-traffic retail location.; Prime location in a busy retail corridor.; Strong demographics and high visibility.
    (574) 485-1537
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    1621 Mckinley Ave Mishawaka, IN 46545
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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
    1621 Mckinley Ave Mishawaka, IN 46545
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