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    Property profile & analytics
    OFF-MARKET Estimated value $570,000
    Office Spaces

    917 Un St, Mishawaka, IN 46544-5373

    6,029 SF 0.71 ac lot Built 1964
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US31-1937470
    Property summary
    AI-generated overview

    This single-story, 5,774 square foot multi-tenant office building in Mishawaka, Indiana, offers a 2,700 square foot vacant space ideal for various businesses. Located at the corner of E. 11th Street and Union Street, this property benefits from high daily traffic counts (nearly 18,000 vehicles). Its convenient location is just south of Mishawaka's Central Business District, near SR 933, providing easy access to South Bend and Elkhart. The property is also a half-mile from Mishawaka's downtown area, offering proximity to shops, restaurants, and walking trails. The building features on-site shared parking at the rear and is 100% heated and cooled. The property sits on a 0.47-acre lot and is zoned C1 Commercial (APN: 71-09-16-484-018.000-023, St. Joseph County). This is a fantastic opportunity to establish a presence in a revitalized area with excellent visibility and accessibility. The building is suitable for a range of uses, including traditional and medical office spaces.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1964
    Construction WOOD
    Total area 6,029 SF
    Lot 0.71 ac (31,050 SF)
    APN 71-09-16-484-015.000-023
    UPID US31-1937470
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $710k
    Comparable Approach Comparable
    $727k
    Blend (final) Blend
    $570k
    Owner & transaction history
    Apex Realty Investments LLC · 2 yrs held
    Apex Realty Investments LLC
    since 2024
    4 recorded transactions
    2024
    2018
    2018
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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