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Property profile & analytics

111 Lincolnway Mishawaka, IN 46544

  • Residential income homes
  • 8,860 SF
  • 0.06 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-2059991
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tree House Bar And Grill / Bar & Pub / Restaurant

Property Details for 111 Lincolnway

Year built
1975
Construction
TYPE NOT SPECIFIED
Lot size
0.06 lot acres
Property size
8,860 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
71-09-16-280-017.000-023
APU
710916280017000023

Description

This exceptional 3,000 square foot retail space, ideally suited for a restaurant or bar, presents a compelling investment opportunity in the heart of downtown Mishawaka. Located on Lincolnway East, this single-tenant property boasts excellent visibility and accessibility, situated conveniently near the intersection of Main and Lincolnway. The property features a substantial, oversized kitchen fully equipped with a powerful exhaust hood, ensuring efficient and effective food preparation. Further enhancing its functionality are a spacious walk-in cooler and a walk-in freezer, providing ample storage for ingredients and supplies. Beyond its operational advantages, the property benefits from its proximity to the Mishawaka Riverwalk, adding to its attractiveness and potentially drawing in foot traffic. The monthly rent is $3,750.00, NNN. This turnkey space offers immediate occupancy and the potential for significant return on investment. The combination of prime location, ample square footage, and well-appointed kitchen facilities makes this an exceptional opportunity for a discerning entrepreneur seeking to establish a thriving business in a vibrant downtown setting. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mishawaka
County
St. Joseph
State
Indiana
Longitude
-86.18
Latitude
41.6608
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
$6,236
$10,300
$176,000
$186,300
-
$10,300
$176,000
$186,300
More about this property
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