4669 Michigan Rd Plymouth, IN 46563-8497
This exceptional mixed-use property at 4669 Michigan Rd, Plymouth, IN 46563, is offered at $279,000. Built in 1970, this 3-acre lot (APN: 50-42-98-000-044.000-009) boasts a versatile layout ideal for various businesses. Previously housing an HVAC service and sales company, the building features a customer entrance showroom/lobby, dedicated office space, an electrical/break area, and a spacious 34' x 38' shop accessible via a 12' x 12' overhead door. Additional storage is provided within a separate room and a 14' x 18' storage barn. The property's amenities extend beyond the building itself, including a tranquil pond with a covered pavilion perfect for employee breaks or recreational use. The property benefits from three-phase electric service and enjoys a convenient location, just 10 minutes from Plymouth and 30 minutes from South Bend. The building and all its features are in excellent condition, making this a turnkey opportunity for a new business to thrive. This is a rare chance to acquire a well-maintained, versatile property with ample space and desirable outdoor features on a substantial lot.
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.