Property profile

1813 12th St Mishawaka, IN 46544

OFF-MARKET
Retail space
Property ID
US31-2331551
2,448 SF 0.22 ac lot Built 1977
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1813 E 12th Street in Mishawaka, Indiana, presents a unique opportunity for a wide range of businesses. The 2,448 square foot building boasts a clean, ready-to-finish interior, providing a blank canvas for your ideal space. Situated on a 0.29-acre lot, this property benefits from a highly desirable location just off Capital Avenue/331, near the US 20 Bypass, ensuring high visibility and excellent traffic flow. The attractive brick exterior features a welcoming double glass door entry at the front, and large double doors at the rear provide convenient access for deliveries. A substantial storage shed is also included, adding to the property's functionality. The Light Industrial zoning allows for a variety of business uses, making this an incredibly versatile investment. Adding to its value, the sale includes two parcels of land, providing ample space and potential for future expansion. Square footage and measurements are approximate. This is a prime opportunity to establish your business in a thriving location. Don't miss out on this exceptional offering.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 2,448 SF
Lot 0.22 ac (9,450 SF)
APN 71-09-23-201-003.000-022
UPID US31-2331551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm

Location

1813 12th St Mishawaka, IN 46544-5903
Mishawaka metro Census 11701 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
1 recorded transaction
2016
$18,380

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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