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102 Lincolnway Mishawaka, IN 46544

For Sale
$630,000

15,774 SF Restaurant, Office, & Potential Residential

Property size:
15,774 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional three-story, 15,774 square foot building, constructed in 1874, presents a unique investment opportunity in Mishawaka, Indiana's thriving central business district. Currently zoned C-3, this adaptable property offers a ground floor layout perfectly suited for a restaurant or bar, complemented by versatile second-floor office space. The third floor provides significant potential for conversion into modern apartments or additional office areas, enhancing the property's income stream. An elevator ensures convenient access to all three floors. The building's prime location at the northeast corner of Lincolnway East (SR-933) and North Main Street, directly across from City Hall, guarantees high visibility and accessibility. This location benefits from significant ongoing urban revitalization efforts, including over $27 million in investments in projects like The Mill at Ironworks Plaza and new residential developments. The property's strategic position within an Opportunity Zone and TIF District offers potential access to additional economic incentives. The asking price is $630,000, translating to $39.94 per square foot. This property's flexible zoning allows for commercial, retail/service, professional office, and residential uses, making it an ideal choice for a variety of investors and developers seeking a high-impact investment in a rapidly growing downtown area. The building's flexible layout and prime location make it an attractive opportunity for mixed-use development.

Property Features for 102 Lincolnway

General Information

Property type
Restaurants
Square Feet
15,774 SF
Class
C

Building Details

Year Built
1874
Stories
3

HighLights

  • Yorktown Building: Sale/Lease Opportunity
  • High‑Visibility Corner Location in Downtown Mishawaka's Central Business District
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Corner Pub and Grill Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
-86.1804606
Latitude
41.6613187

FAQs

What type of property is this?
Restaurant - 15,774 SF Restaurant, Office, & Potential Residential
Where is this restaurant located?
The property is located at 102 Lincolnway Mishawaka, IN.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Yorktown Building: Sale/Lease Opportunity; High-Visibility Corner Location in Downtown Mishawaka's Central Business District;
More about this property
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