16974 Douglas Rd Mishawaka, IN 46545
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.