611 E Douglas Rd, Mishawaka, IN 46545
- Medical Office Space
- 195,993 SF
Current Use by Public Records
- Alick's Home Medical / Home Health Care Service
- Carol / Hospital
- Saint Joseph Health System: Community Pediatric Physicians / Pediatrician / Medical Clinic
- Pediatric Specialty Clinics / Pediatrician / Medical Clinic
- Saint Joseph FertilityCare Center / Medical Clinic
Property Details for 611 E Douglas Rd
- Year built
- 2008
- Construction
- TYPE NOT SPECIFIED
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 71-04-34-101-006.000-022
- APU
- 710434101006000022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 16, 2013 | — | Hr Of Inidiana LLC | Bd Sjrmc Edison Lakes LLC | Warranty Deed | — |
| Feb 25, 2010 | — | Bd Sjrmc Edison Lakes LLC | Saint Joseph Regional Medical Cente | Quit Claim Deed · related | — |
Description
This exceptional Class A medical office building, totaling 205,573 square feet, offers immediate occupancy in suites ranging from 2,336 to 11,653 square feet. Located in Mishawaka, Indiana, on the Edison Lakes campus, this state-of-the-art facility boasts a prime location directly connected to the new 633,000 square-foot Saint Joseph Regional Medical Center via all four levels. The building features a convenient, single-level subsurface parking structure exclusively for physicians. A diverse range of medical tenants already occupy the space, including an MRI Center, Wound Healing Center, Pediatric Clinic, and various advanced specialty practices and residency programs. This LEED Gold Core & Shell certified green building provides an environmentally conscious and efficient workspace. The property also includes a tranquil park and healing garden featuring ponds and walkways, fostering a relaxing atmosphere. The building sits on 84.47 acres and is zoned PUD. Built in 2009, this one four-story building offers multiple tenancy options. Lease rates are negotiable and include a build-out allowance. The property is conveniently located near major transportation arteries, including I-80/90 Toll Road and Capital Avenue Extension, providing easy access for patients and staff. This exceptional opportunity is situated in a high-demand area with over 6 million square feet of commercial space and a strong demographic profile, making it an ideal location for medical professionals seeking a thriving practice environment. The APN is 71-04-34-101-005.000-022.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $10,824,000
Market price range: $1.95M - $15.7M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $8,675,000 Current use
- COMMERCIAL (GENERAL)
- $16,485,000 Change: +90% Conversion: Easy
- AUTO REPAIR, GARAGE
- $13,905,000 Change: +60% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $13,680,000 Change: +58% Conversion: Moderate
- RESTAURANT
- $12,985,000 Change: +50% Conversion: Difficult
- RETAIL STORES
- $10,605,000 Change: +22% Conversion: Difficult
- WAREHOUSE, STORAGE
- $8,790,000 Change: +1% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.1749
- Latitude
- 41.7093
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
