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    OFF-MARKET
    Warehouses

    317 Marion St, Mishawaka, IN 46545-6511

    4,737 SF 0.18 ac lot Built 1976
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US31-1547866
    Property summary
    AI-generated overview

    This exceptional 0.18-acre commercial property at 317 E Marion Street in Mishawaka, Indiana, presents a rare opportunity for a discerning buyer. The building, a well-maintained and sturdy brick/block structure, boasts excellent street visibility, making it ideal for a variety of businesses. Owned by the same individual for many years, this property reflects a history of careful upkeep and consistent maintenance. The building's previous use as a restaurant supply business highlights its adaptability and functional layout. Key features include a convenient loading dock, a drive-through door for efficient operations, and a welcoming reception area. A sizable office space offers flexibility, allowing for expansion or division to suit specific needs. Furthermore, a partially finished basement provides valuable additional storage capacity. The property's central Mishawaka location offers unparalleled access to local amenities and a strong customer base. This is a turn-key opportunity for an entrepreneur seeking a well-established and versatile commercial space. The asking price is $399,900. The square footage is not currently available. This property is ready for immediate occupancy and presents a compelling investment prospect.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1976
    Construction WOOD
    Total area 4,737 SF
    Lot 0.18 ac (7,656 SF)
    APN 71-09-09-438-003.000-023
    UPID US31-1547866
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Malling Real Estate LLC · 3 yrs held
    Malling Real Estate LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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