12th St & Capital Ave Mishawaka, IN 46544
- Land
- 1.43 lot acres
Current Use by Public Records
- Land
Property Details for 12th St & Capital Ave
- Lot size
- 1.43 lot acres
- Property type
- Land
Description
This exceptional 1.43-acre commercial land parcel, located at the intersection of 12th Street and Capital Avenue in Mishawaka, Indiana, presents a remarkable development opportunity. The property boasts 226 feet of frontage on East 12th Street and a depth of 263 feet, offering significant visibility and accessibility. Its S-2 PUD zoning allows for a variety of retail or retail pad uses, making it ideal for a range of commercial ventures. The site benefits from its proximity to a recently constructed convenience store and car wash, suggesting a thriving commercial area. Conveniently situated on the south side of Mishawaka, this location provides easy access to the US 20/31 Bypass (St. Joseph Valley Parkway) and the I-80/90 Indiana Toll Road via the newly expanded Capital Avenue extension, approximately a quarter-mile away. The 12th Street corridor features a diverse mix of commercial, industrial, and residential properties, historically exhibiting low vacancy rates due to high owner-occupancy. The property's APN is 71-09-23-226-001.000-031. This is a rare opportunity to acquire a strategically located commercial land parcel in a growing area of Mishawaka, offering significant potential for future development and return on investment. The asking price is $250,000.
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
- -86.1443
- Latitude
- 41.6511
