Property profile

917 Un St Mishawaka, IN 46544

OFF-MARKET
Office Spaces
Property ID
US31-1937470
6,029 SF 0.71 ac lot Built 1964
Entity Owned 2-yr Hold ~ Est. High Equity
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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

Location

917 Un St Mishawaka, IN 46544-5373
Mishawaka metro Census 10300 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$710k
Comparable Approach Comparable
$727k
Blend (final) Blend
$280k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2018
Price N/A
2018
Price N/A
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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