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    620 Edison Rd Mishawaka, IN 46545

    Sponsored
    For Lease
    $6 SF/Yr

    Prime Mishawaka retail space, high visibility, 1 space available.

    Lot size:
    52,154 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    St. Andrews Plaza, located at 620 W Edison Rd in Mishawaka, Indiana, presents a unique opportunity for retail businesses. This single-story, 52,154 square foot building sits on a 6.62-acre lot and was constructed in 1991. Currently, one retail space of 1,955 square feet is available for lease within this multi-tenant retail center. The property boasts exceptional visibility and high traffic counts due to its strategic location on Edison Road. St. Andrews Plaza enjoys a strong tenant mix, including established businesses such as Bonefish Grill, Toyo Grill, Cold Stone Creamery, and Indiana PT, creating a vibrant and successful retail environment. The property is situated in St. Joseph County and offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This flex space property is ideal for a variety of retail uses and presents a compelling investment opportunity in a thriving commercial area. The property's single-building design and ample parking provide a convenient and accessible shopping experience. This is a chance to establish a presence in a well-established and successful retail center with a proven track record. The available space offers significant potential for growth and profitability within a bustling commercial environment.

    Property Features for 620 Edison Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,154 SF
    Total Rate
    26077

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 132-B
    Size
    1,955 SF
    Rate per SF
    $6

    HighLights

    • 1,955 SF of flexible space, ideal for storage or secondary uses.
    • Attractively priced space with convenient north‑side access.
    • Excellent location in the University Park Trade Area, surrounded by strong businesses.
    • Easy access from major roads.
    • Tenant improvement allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Radiology, Inc. Medical Center Dr. Michael F. ... Doctor Fishbach Thomas J ... Doctor Engel Alan B ... Radiologist MRI Center X-Ray Lab

    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
    -86.190580606898
    Latitude
    41.695426719552

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    FAQs

    What type of property is this?
    Flex space - Prime Mishawaka retail space, high visibility, 1 space available.
    Where is this flex space located?
    The property is located at 620 Edison Rd Mishawaka, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 1,955 SF of flexible space, ideal for storage or secondary uses.; Attractively priced space with convenient north-side access.; Excellent location in the University Park Trade Area, surrounded by strong businesses.
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    620 Edison Rd Mishawaka, IN 46545
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    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
    620 Edison Rd Mishawaka, IN 46545
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