508 Lincoln AveGoshen, IN 46526
- Other commercial real estate
- 5,080 SF
Property Details for 508 Lincoln Ave
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.24 AC
- Property size (Sq ft)
- 5,080 SF
- Zone code
- ZO01
- Property type
- Other commercial real estate
- APN
- 20-11-09-305-022.000-015
- APU
- 201109305022000015
Description
Linway Plaza, a well-established 125,000 square foot shopping center in Goshen, Indiana, presents a compelling investment opportunity. Located at 508 W Lincoln Ave, 46526, this multi-tenant retail property sits on a spacious 13.85-acre lot in Elkhart County. Originally constructed in 1972 and extensively renovated in 2008, the center boasts a strong tenant mix, attracting customers from a wide radius. Currently, 7,500 square feet of retail space is available, providing a unique chance to expand existing businesses or establish new ventures within a thriving community. Key anchors include a 14-screen Linway Cinema, Hacienda Restaurant, Sherwin Williams, Rent-A-Center, Honey's Frozen Yogurt, ABG Dental, BMV, Affordable Insurance, Linway Nails and Spa, Angel's House of Pancakes, and proximity to Goshen Community School. This prime location and established tenant base make Linway Plaza an attractive prospect for investors seeking a stable and growing retail investment in a desirable Indiana market. The property's proven track record and strong tenant occupancy demonstrate its enduring appeal and potential for future growth. This is a rare opportunity to acquire a significant retail asset in a well-established and highly visible location.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,093,624
- Hospitality
- $1,001,754
- Educational
- $833,448
- Medical
- $862,111
- Retail
- $1,296,474
Location Insight
- City
- Goshen
- County
- Elkhart
- State
- Indiana
- Latitude
- 41.5859
- Longitude
- -85.8434
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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