2706 Grape Rd Mishawaka, IN 46545
- Commercial real estate
- 1.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2706 Grape Rd
- Lot size
- 1.70 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.7-acre commercial land parcel presents a remarkable redevelopment opportunity in Mishawaka, Indiana. Located at 2706 Grape Road, this property boasts 340 feet of frontage on a heavily trafficked road, averaging 15,000 cars daily, and is just a quarter-mile north of McKinley Avenue, which sees 20,000 vehicles daily (per INDOT traffic counts). Its prime location offers excellent visibility and accessibility, situated only one mile from the Grape Road/Main Street shopping corridor, two miles from downtown Mishawaka and the Mishawaka Riverwalk, 2.5 miles from the University of Notre Dame, and 3.5 miles from downtown South Bend. Currently, the property includes a well-maintained 2,407-square-foot house and a two-car detached garage, presenting options for immediate income generation or future development. The R-1 residential zoning allows for a variety of development possibilities, including office, multi-family, or light retail uses. The asking price is $710,000, translating to $417,647.05 per acre. Annual property taxes are $4,868.78. This property's strategic location and significant frontage make it an ideal investment for discerning buyers seeking high-impact development potential in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.187018172474
- Latitude
- 41.685196405015
