2102 LincolnwayMishawaka, IN 46544

  • Commercial land
  • 0.11 AC
For Lease
$9/SF/YR View listing

Property Details for 2102 Lincolnway

Lot size
0.11 AC
Property type
Commercial land
APN
71-09-17-327-019.000-023
APU
710917327019000023

Description

This 15,535 square foot, single-story warehouse located at 2102 Lincolnway W, Mishawaka, IN 46544, presents a unique investment opportunity. Built in 1964 and renovated in 2008, the Class C property boasts a prime location with over 10,000 vehicles passing daily, ensuring high visibility. The building features ample space for expansion, making it ideal for a variety of uses. Currently configured as an automotive service shop, it includes four lifts, six bays, a high-capacity air compressor system, two offices, and three restrooms. The property offers significant signage opportunities on both the front and side of the building. With 20+ parking spaces and three-phase power, this versatile space is ready for immediate occupancy. The multiple tenancy setup allows for flexibility in usage and potential rental income. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Indiana location. The property's existing automotive setup provides a solid foundation for a continued automotive business or allows for conversion to other industrial or retail uses. The substantial square footage and convenient location make this an attractive option for businesses seeking growth and visibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $967,214
    Hospitality
    $885,963
    Educational
    $737,110
    Medical
    $762,461
    Retail
    $1,146,616
2102 Lincolnway, Mishawaka, Indiana

Location Insight

City
Mishawaka
County
St. Joseph
State
Indiana
Latitude
41.6581
Longitude
-86.2065
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$639
$19,100
-
$19,100
-
$19,100
-
$19,100

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