303 Main St Mishawaka, IN 46544
- Medical offices
- 28,658 SF
- 0.35 lot acres
Current Use by Public Records
- Dr. Winston C. Gerig, MD / Doctor / Weight Loss Service
- Dr. Dean K. Park, MD / Hematologist
- Koyani Anandkumar MD / Internist
- RUSH Physical Therapy - Mishawaka / Physical Therapy Clinic / Medical Clinic
- Dr. Norbert Schwer, MD / Doctor
Property Details for 303 Main St
- Year built
- 1963
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.35 lot acres
- Property size
- 28,658 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 71-09-16-287-002.000-023
- APU
- 710916287002000023
Description
This exceptional 15,100 square foot medical office building, located at 303 S Main St in Mishawaka, Indiana, presents a unique opportunity for medical professionals or other compatible businesses. Currently offering one available suite, this well-maintained building boasts ample off-street parking, a significant advantage in a vibrant downtown setting. Its prime location in downtown Mishawaka places it in close proximity to new developments and the scenic river walk, offering excellent visibility and accessibility. The building is ideally suited for a variety of uses, including but not limited to medical practices, legal offices, and chiropractic services. The space is clean and well-maintained, providing a professional and welcoming environment for clients and staff. For tenants committing to a minimum two-year lease, an attractive incentive of 90 days of rent-free occupancy is available. Other office spaces within the building are also available for lease. This is a fantastic opportunity to establish or expand your business in a thriving and desirable location. The property is situated in St. Joseph County, Indiana, with a zip code of 46544. Contact us today to learn more about this exceptional property and schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $545,000
- 6.5%
- $505,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $555,000
- Mixed-Use
- $585,000
- Hospitality
- $465,000
- Educational
- $545,000
- Residential Income
- $450,000
- Energy
- $495,000
- Income-Based Land
- $590,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.181
- Latitude
- 41.6588
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
