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Property profile & analytics
OFF-MARKET
Land

136 Mishawaka Ave Mishawaka, IN 46545

0.29 ac lot
Property ID
Property summary
AI-generated overview

Prime commercial land (.29 to .96 acres) in Mishawaka, Indiana, is available for $199,000. This property boasts a highly visible corner location at Mishawaka Avenue and Sarah Street, offering excellent exposure for any development. Its proximity to Mishawaka's Central Park, the river walk, and a variety of businesses makes it ideal for mixed-use or multi-family projects. The area is experiencing revitalization, evidenced by recent developments such as the Ironworks Plaza Ice Rink and Event Center. This lot is conveniently located near pedestrian footbridges, providing easy access to Beutter Park. Furthermore, its close proximity to numerous restaurants and breweries, including Jesus Latin Grill, Chicory Café, Doc Pierce's, Ball Band Biergarten, and Sun King Brewery, adds to its appeal. The property is zoned for commercial use and presents a significant opportunity for investors seeking a high-visibility location within a thriving downtown area. An adjacent 0.67-acre improved property is also available separately from the same seller. The property's address is 136 E Mishawaka Ave, Mishawaka, IN 46545.

Property profile
Verified
Property type Land
Lot 0.29 ac (12,632 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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