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114 Lincolnway East Way

Mishawaka, IN 46544
  • $333,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 202339863
UPDATED: 19 min ago
$333,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,764
    SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Listing provided by Michelle Langdon of Collins And Co. Realtors - Plymouth: ccollins@collinshomes.com.

Description

Looking for a GREAT INVESTMENT??? Cap rate is approx 13%. Come take a look at this mixed-use building located in busy downtown Mishawaka along Lincolnway East with an established restaurant on the main level and a beautiful 3-bedroom apartment on the 2nd floor. Visibility is excellent, surrounded by plenty of retail shops making it a high foot traffic area with street parking as well as ample public parking in the rear. Buyer & buyer's agent to verify all information contained here-in are accurate & suitable for buyer's needs. Nothing is warranted.

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© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2023-12-03T21:28:19.607.

www.parkerteamhomes.com/homes/144841269
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114 Lincolnway East Way Mishawaka, IN 46544

  • Price: $333,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 19 min ago
  • MLS #: 202339863
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1,764
SQFT
$189
$/SQFT
1960
Built
Neighborhood:
None
County:
St. Joseph
Area:
St. Joseph
Property Description
Looking for a GREAT INVESTMENT??? Cap rate is approx 13%. Come take a look at this mixed-use building located in busy downtown Mishawaka along Lincolnway East with an established restaurant on the main level and a beautiful 3-bedroom apartment on the 2nd floor. Visibility is excellent, surrounded by plenty of retail shops making it a high foot traffic area with street parking as well as ample public parking in the rear. Buyer & buyer's agent to verify all information contained here-in are accurate & suitable for buyer's needs. Nothing is warranted.
Exterior Features

Construction Type1 Brick Driveway None Exterior Brick Fence None Fire Doors YN No Location City Lot Dimensions 21 X 140 Parking Off-StreetStreet Parking Type Street & public parking in rear of build Parking YN Yes Road Access City Roof Material Rubber Sea Wall Type None Security Light YN Yes Signs YN No Waterfront YN No

Interior Features

Basement Foundation Walk-Out BasementUnfinishedOutside Entrance Basement YN Yes Bldg1 Above Grd Sq Ft 1764 Bldg1 Below Grd Sq Ft 1680 Bldg1 Fin Office Sq Ft 0 Ceiling Height 12 Column Spacing 0 Cooling Central Air Flooring Ceramic TileFinishedMixedVinyl Tile Heating Fuel Conventional Interior Height 12 Interior Walls Drywall Internal Rooms KitchenWorkroom Special Features Living SpaceAlleyAnsel SystemRefrigeration/Freezer Total Restrooms 2

Property Features

Annual Taxes 4677 Auction YN No Buildings 1 Burglar Alarm YN No Cap Rate 13% Currently Leased YN Yes Documents Available LBP Form Enterprise Zone Yes Equipment YN No Fire Protection City For Sale Or Rent For Sale Gross Monthly Rent 3388 Ingress Egress Asphalt Inside City Limits Yes Lease Term Remaining Aug 1st 2024 New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Restaurant Property Sub Type Retail Property Use Investment Property Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Penn Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2023

Listing provided by Michelle Langdon of Collins And Co. Realtors - Plymouth: ccollins@collinshomes.com.

© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2023-12-03T21:28:19.607.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Michelle Langdon of Collins And Co. Realtors - Plymouth: ccollins@collinshomes.com.