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Property profile & analytics
FOR SALE
Commercial real estate

16974 Douglas Rd Mishawaka, IN 46545

1.3 ac lot Built 1930
Property ID
US31-2062629
Property summary
AI-generated overview

This exceptional 1.3-acre commercial property in Mishawaka, Indiana, presents a unique investment opportunity. The site boasts a two-story, three-bedroom house with an attached two-stall garage, built in 1930 and expanded in 1980. Adding to its versatility is a 20x16 unattached storage garage and a spacious 20x24 great room, providing ample space for various business needs. The property also includes a 1.3-acre easement on an adjacent lot, expanding potential development options. Located on a five-lane east-west road with a daily traffic count of 40,000, this property enjoys high visibility and accessibility. Its convenient location offers proximity to the Grape Road corridor, St. Joseph Hospital, and Notre Dame University, placing it within a thriving commercial and residential area. The property is within walking distance of the Grape Road corridor and is close to medical and dental facilities, as well as the new regional office facilities of U-Haul. The land is cleared and ready for development, and the property is zoned for a wide range of business uses. Mishawaka utilities, including electricity, water, and sewer, are readily available. Off-street parking is also provided. Don't miss this chance to acquire a highly desirable commercial property in a prime location before prices rise.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Lot 1.3 ac (56,628 SF)
UPID US31-2062629
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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