822 Mckinley AveMishawaka, IN 46545

  • Retail properties
  • 11,940 SF
For Lease
$6/SF/YR View listing

Property Details for 822 Mckinley Ave

Year built
1982
Construction
TYPE NOT SPECIFIED
Lot size
40.11 AC
Property size (Sq ft)
11,940 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
71-09-04-351-902.000-023
APU
710904351902000023

Description

This exceptional retail property, located at 822 W McKinley Ave in Mishawaka, Indiana, 46545, presents a unique investment opportunity. The property is classified as a single-tenant retail space, offering flexibility for a variety of businesses. The available space ranges from a generous 1,000 square feet to a substantial 80,000 square feet, catering to businesses of diverse sizes and needs. Its strategic location in Mishawaka provides excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. The property's precise geographic coordinates are 41.68188234668409 latitude and -86.1942118398661 longitude. This adaptable space is ideal for businesses seeking a prominent presence in a thriving Indiana community. The property type is explicitly retail, making it suitable for a wide range of retail operations. Further details regarding specific lease terms and conditions are available upon request. This presents a compelling opportunity for businesses seeking a well-situated and versatile retail space in Mishawaka, Indiana. Contact us to learn more about this exceptional property and its potential to meet your business needs.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,089,715
    6.5%
    $2,852,044
    7%
    $2,648,327
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,919,066
    Geo Method
    $3,919,066
  • Alternative Use

    Use
    Valuation
    Residential
    $2,405,806
    Hospitality
    $2,203,706
    Educational
    $1,833,457
    Medical
    $1,896,512
    Retail
    $2,852,044
822 Mckinley Ave, Mishawaka, Indiana

Location Insight

City
Mishawaka
County
St. Joseph
State
Indiana
Latitude
41.6828
Longitude
-86.1928
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,277
-
$546,000
$546,000
-
-
$546,000
$546,000

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