225 Florence Ave Mishawaka, IN 46545
This exceptional 2,165 square foot retail space, located at 225 Florence Ave. Ste. H in Mishawaka, Indiana, presents a compelling investment opportunity. Built in 2007, this single-story, free-standing building (APN 71-04-22-351-041.000036) is situated in the highly desirable Granger area, a thriving community with a blend of residential and commercial development. The property benefits from its prime location near key attractions, ensuring high foot and vehicle traffic. Its versatile layout is suitable for a variety of retail uses, from boutique shops to professional services. This location is part of an expanding commercial corridor, promising strong long-term growth potential. The property boasts modern amenities, including ample parking and well-maintained premises. Furthermore, its proximity to major anchors such as Martin's Super Market and Starbucks provides excellent visibility and customer access. The asking price for this single-unit shopping center/storefront is $450,000. This is an ideal opportunity for investors seeking a strong return in a vibrant and growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.