317 Marion St, Mishawaka, IN 46545-6511
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.