3300 Lake City HwyWarsaw, IN 46580

Property Details for 3300 Lake City Hwy

Year built

1969

Construction

TYPE NOT SPECIFIED

Lot size

1.19 AC

Property size (Sq ft)

9,406 SF

Zone code

C-5 S

Property type

Retail properties

Property subtype

Strip malls

APN

43-11-15-100-111.000-032

APU

431115100111000032

Description

Lake Village Shopping Center, located at 3300 Lake City Hwy, Warsaw, IN 46580, offers exceptional retail and restaurant opportunities. This established 171,000 square foot shopping center boasts a strong tenant mix, anchored by Rural King. Six spaces are currently available, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 14,000 square feet, providing flexibility for various business needs. The center benefits from high visibility and convenient access along Lake City Highway. Current co-tenants include well-established national and regional brands such as Dollar General, Pizza Hut, Fiesta Salons, Mariner Finance, and Indiana Physical Therapy, ensuring a steady stream of foot traffic. The property also features attractive outlot developments, including Hardee's, PNC Bank, Arby's, Wendy's, and Monro Mufflers, further enhancing the shopping center's appeal and drawing power. The property's APN is 43-11-15-100-001.000-032. This is a prime opportunity for businesses seeking a vibrant and established retail location in a thriving community. The property is classified as a multi-tenant storefront within a larger retail and restaurant complex. Interested parties should inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $2,600,562

  6.5%

  $2,400,519

  7%

  $2,229,053

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,087,332

  Geo Method

  $3,087,332

• Alternative Use

  Use

  Valuation

  Residential

  $2,024,928

  Hospitality

  $1,854,823

  Educational

  $1,543,191

  Medical

  $1,596,263

  Retail

  $2,400,519

Location Insight

City

Warsaw

County

Kosciusko

State

Indiana

Latitude

41.2334

Longitude

-85.8088

CBSA code

47700

CBSA name

WARSAW, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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