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Property profile & analytics

2114 Lynn St Mishawaka, IN 46545-7018

  • Warehouses
  • 7,480 SF
  • 0.17 lot acres
OFF-MARKET
Last Sale
Dec 04, 2024
$407,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0318546
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

  • Fastenal Fulfillment Center / Wholesaler / Building Materials Supplier

Property Details for 2114 Lynn St

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
0.17 lot acres
Property size
7,480 SF
Property type
Warehouses
APN
71-09-10-227-003.000-023
APU
710910227003000023

Description

This 7,480-square-foot flex space building in Mishawaka, Indiana, is available for $415,000. Located on Lynn Street, this property boasts excellent visibility due to its proximity to McKinley Highway, which sees nearly 20,000 vehicles daily. Situated on a 1.95-acre lot, the building offers a clean and open retail/showroom space, adjacent offices, and warehouse space on the first floor. A mezzanine level provides additional office space and storage. The property features 124 feet of frontage and excess outlot land, making it ideal for a variety of uses or redevelopment. This prime location is on the eastern edge of the Mishawaka Business District, surrounded by local and national retailers, businesses, and residential neighborhoods. It's minutes from the UP Retail Trade Corridor, Town & Country Shopping District, Bethel University, the University of Notre Dame, St. Mary's College, and the downtowns of Mishawaka and South Bend. The property's Assessed Property Number (APN) is 71-09-10-227-001.000-023, 71-09-10-227-003.000-023, 71-09-10-227-004.000-023. The current lease is a modified lease expiring January 31, 2028, with approximately 3.2 years remaining. The price per square foot is $55.48. This is a fantastic opportunity for investors or businesses seeking a high-visibility location in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mishawaka
County
St. Joseph
State
Indiana
Longitude
-86.1611
Latitude
41.6793
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
$2,839
$11,000
$73,800
$84,800
-
$11,000
$73,800
$84,800
More about this property
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