4110 Grape RdMishawaka, IN 46545

Property Details for 4110 Grape Rd

Year built

2008

Construction

TYPE NOT SPECIFIED

Lot size

0.92 AC

Property size (Sq ft)

8,432 SF

Property type

Retail properties

Property subtype

Retail space

APN

71-04-33-451-001.000-005

APU

710433451001000005

Description

This exceptional retail opportunity presents 14,500 square feet of vacant space within the established Grape & Day Shopping Center, located at 4110 Grape Rd, Mishawaka, IN 46545. The property boasts a total of 30,000 square feet across a single building situated on a generous 2.34-acre lot. This prime location in St. Joseph County offers excellent visibility and accessibility for businesses seeking a thriving retail environment. Multiple spaces are available, with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 6,000 square feet, providing flexibility for various business needs and expansion plans. The property is classified as a retail shopping center with multiple tenancies, indicating a strong potential for synergistic businesses. The address is easily accessible and well-suited for attracting a diverse customer base. This is an ideal location for businesses looking to establish a strong presence in a busy Mishawaka commercial area. The available space presents a unique chance to capitalize on a well-established retail center with significant foot traffic potential. Serious inquiries are encouraged to explore this promising investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,181,841

  6.5%

  $2,014,007

  7%

  $1,870,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,767,635

  Geo Method

  $2,767,635

• Alternative Use

  Use

  Valuation

  Residential

  $1,698,890

  Hospitality

  $1,556,174

  Educational

  $1,294,719

  Medical

  $1,339,246

  Retail

  $2,014,007

Location Insight

City

Mishawaka

County

St. Joseph

State

Indiana

Latitude

41.6978

Longitude

-86.1866

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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