Property summary
This exceptional 5,456-square-foot free-standing building in Mishawaka, Indiana, presents a unique investment opportunity. Situated on a 1.78-acre lot, the property boasts a high-profile location near the corner of Grape and Edison Roads, within a bustling retail corridor experiencing approximately 16,500 vehicles daily. The building, zoned C4 - Auto-Oriented Commercial, features a large front parking lot and a gated rear lot, ensuring ample space for customers and employees. The interior is divided into two distinct sections. The front half comprises a spacious sales/office area with three private offices, an open area with four built-out cubicles, additional space for more cubicles, a main entry, reception area, and a side door. A phone and data room and one restroom complete this section. The rear half includes five 10'x10' overhead service bays, a service reception area with a small office and side entry, a restroom, utility closet, and a small mezzanine storage area. Two separate HVAC units serve the front and rear sections, supplemented by radiant heat in the service area. The building features a 12'+ clear height, a mix of LED and halogen lighting, 240 amp power with seven 220 amp outlets in the service area, multiple 900 lb lifts, and an oil/water separator. The original roof shows no known leaks. This property benefits from excellent visibility, easy access, and pylon signage potential. Its strategic location near University Park Mall, less than a mile from McKinley Ave (US 20), three miles from SR 331 and SR 23, and five miles from the I-80/90 Toll Road exit, makes it an ideal location for a variety of businesses. The APN is 71-09-04-126-024.000-022, located in St. Joseph County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.