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    320 Lincolnway Osceola, IN 46561

    For Lease
    $8 SF/Yr ($3,285 /Mo)

    4,928 SF Office Building - For Lease

    Lot size:
    4,928 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4,928-square-foot office building, located at 320 Lincolnway E in Osceola, Indiana, presents a unique investment opportunity. Situated on a generous 1.93-acre lot, this single-tenant property offers complete flexibility for a variety of uses, categorized as both Traditional and Medical Office space. Built in 1973, the building is currently entirely vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property is zoned C-Commercial (County) within St. Joseph County, ensuring a wide range of permitted commercial activities. The building's substantial size and ample land provide significant potential for expansion or future development. Its convenient location in Osceola, Indiana, offers easy access to local amenities and transportation routes, making it an attractive option for businesses seeking a prominent presence in the community. The entire 4,928 square feet is available for lease, presenting a rare opportunity to secure a substantial and adaptable commercial space in a desirable location. The property's address is 320 Lincolnway E, Osceola, IN 46561. This is an ideal space for a business seeking a large, well-located office in St. Joseph County.

    Property Features for 320 Lincolnway

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,928 SF
    Total Rate
    3285.33

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,928 SF
    Rate per SF
    $18

    HighLights

    • 4,928 SF office building with 3,200 SF finished basement.
    • Suitable for medical or traditional office use.
    • High‑traffic, signalized intersection of Lincolnway E and County Line Rd.
    • Suitable for retail redevelopment due to location, size, and zoning.
    • Sale includes deed restriction prohibiting gas station, convenience store, or similar development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Graham Orthopedic Surgeon John Maitlin Graham Orthopedic Surgeon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Osceola
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.06173705
    Latitude
    41.66409666

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    Nearby Similar for Lease

    • $13 SF/Yr
      1,250 SF

      Office Suites in Baymar Plaza

      Multi-tenant office complex with suites available for rent.
      1415 Lincolnway W, Osceola, IN 46561
      View Details
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      Prime McKinley Highway Retail Pad

      Pad site ideal for drive-thru concept on McKinley Hwy.
      11590 Mckinley Hwy, Osceola, IN 46561
      View Details

    FAQs

    What type of property is this?
    Medical office - 4,928 SF Office Building - For Lease
    Where is this medical office located?
    The property is located at 320 Lincolnway Osceola, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 4,928 SF office building with 3,200 SF finished basement.; Suitable for medical or traditional office use.; High-traffic, signalized intersection of Lincolnway E and County Line Rd.
    Request Owner's contact information
    320 Lincolnway Osceola, IN 46561
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    Osceola, IN 46561
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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
    320 Lincolnway Osceola, IN 46561
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