Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

700 Lincolnway W Mishawaka, IN 46544

OFF-MARKET
Turn key restaurants
Property ID
US31-1944039
10,552 SF 0.26 ac lot Built 1980
Last sale Dec 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional restaurant property, located at 700 Lincolnway West in Mishawaka, Indiana, presents a unique investment opportunity. The 8,670-square-foot building sits on a 0.41-acre lot and boasts a rich history as the flagship location for a beloved local Mexican restaurant since 1978. The property benefits from a net lease agreement extending to 2033, ensuring consistent income. Situated in the heart of downtown Mishawaka's revitalized area, this location enjoys high visibility on…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$242k
Assessed land$51k
Assessed improvement$191k
Effective rate3.35%

Value estimate

· Oct 2026
$270k
$243k – $297k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store10.1
Laundry Service9.9
Skin Care Clinic9.5

Location

700 Lincolnway W Mishawaka, IN 46544
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
305 Bittersweet, Mishawaka, IN 46544-4220 $1,620,000 Feb 2026 5,304 SF
1301 Milburn, Mishawaka, IN 46544-4639 $725,000 Jul 2022 8,548 SF
110 Lincolnway E, Mishawaka, IN 46544-2017 $210,000 Oct 2021 6,524 SF
2806 Lincolnway W, Mishawaka, IN 46544-1518 $1,650,000 Jul 2021 7,225 SF
Main, Mishawaka, IN 46544 $2,555,555 Apr 2021 3,468 SF
59851 Elm, Mishawaka, IN 46544-9125 $865,000 Jan 2021 12,082 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Lincolnway W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again