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Property profile & analytics
OFF-MARKET
Land

0 Main St Mishawaka, IN 46545

2.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.29-acre commercial land parcel (APN: 71-04-33-276-001.000-005) is ideally situated at the southeast corner of Main Street and Edison Lakes Parkway in Mishawaka, Indiana (46545). Zoned C1, this high-profile site presents a unique opportunity for restaurant or commercial development. Its location offers excellent visibility and accessibility, benefiting from proximity to the Saint Joseph Health System Mishawaka campus and the entrance to Edison Lakes Corporate Park. The property is part of the thriving University Park Trade Area, a dominant retail market in northern Indiana and southwestern Michigan, anchored by major retailers such as Sears, J.C. Penney, Barnes & Noble, and Macy's. Priced at $1,706,050 ($745,000 per acre), this parcel is divisible, offering flexibility for various development scenarios. A ground lease may also be available. This is a rare opportunity to acquire a strategically located commercial property in a rapidly growing area. The property's location across from Papa Vino's restaurant further enhances its appeal and potential.

Property profile
Verified
Property type Land
Lot 2.29 ac (99,752 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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