608 Main, Mishawaka, IN 46545 - Myers Trust

608 Main, Mishawaka, IN 46545

Overview

MLS ID: #202429043
Price: $ 1,299,000
Sq Ft: 15,534
Office SqFt: 15,534
Lot Size: 0.27 Acres
Year Built: 1927
Zoning:
Taxes: $ 9,035
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Fantastic investment or redevelopment opportunity in the vibrant and fast-growing downtown district of Mishawaka, adjacent to the newly constructed Inova Federal Credit Union. Located 1/2 a block from heavily traveled intersection of N Main St (25,000 cars daily) and Mishawaka Ave (10,000 cars daily, INDOT Traffic Counts), the building is completely rented out with Hometown Pharmacy on the retail level and 5 apartments upstairs. Seller had a new roof put on in 2021 along with new ceilings and insulation. Owner also has just finished a new maintenance free metal side to the building facing the Inova Credit Union. The property also includes the adjacent parking lot with alley access. Note: There are 3 total parcels (see aerial). The property boasts excellent location and visibility, with the Mishawaka Riverwalk just across Mishawaka Ave. Also, across the river (0.2 miles) is the newly developed Ironworks Plaza and The Mill apartments which includes the Mishawaka Public House, Sun King Brewery, and Social Cantina. The Mill Phase II is currently in the works along with the soon to open Avalon Apartments. The property is also only 2 miles (6 mins) from the Main St/Grape Rd Shopping Corridor, 2.5 miles (7 mins) from IN-331/Capital Ave, and 5 miles (15 mins) to the University of Notre Dame. Zoned C-1: Commercial. Total Taxes for all 3 parcels: $9,034.54. Tax Year: 2023.

MLS ID: 202429043

Details

Planned Unit Dev No
Auction No
New Construction No
Number of Buildings 1
Building 1
Bldg 1 Above Ground SF 15,534
Bldg 1 Below Ground SF 3,000
Bldg 1 Stories 1
Bldg 1 Finished Office SF 7,767
Lot Dimensions 120x100
Approx Lot Size SqFt 11,761
Approx Lot Size Acres 0
Ceiling Height 10
Road Access City
Parking Yes
Parking Lot
Parking Type Parking Lot
Total Restrooms 6
Interior Height 10
Column Spacing 6
Ingress/Egress Concrete
Water Front No
Currently Leased Yes
Lease Term Remaining N/A
Sprinkler System No
Signs Yes
Sign Type Attached Building Signs
Fire Doors Yes
Enterprise Zone No
Sale Includes: Building, Lease
Heating/Fuel Electric, Gas, Hot Water
Cooling Central Air
Exterior Brick, Metal
Roof Material Flat
Interior Walls Drywall
Flooring Carpet, Tile
Water Utility City
Sewer City
Special Features Living Space, Alley, Basement
Annual Taxes $9,034.54

Map

Listing Office: Coldwell Banker Real Estate Group

Listing Agent: John Piraccini

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.