Description
Great investment opportunity close to downtown Mishawaka on heavily traveled N Main St. with over 25,000 cars daily (INDOT Traffic Counts). The building consists of an office space and 2 apartments. The front half of the main level fronting N Main St. is the office with 1 apartment in the back half and the other apartment upstairs. Property also has a single stall detached garage. The upstairs apartment has 3 bedrooms/1 bathroom and is currently rented at $600/month. The downstairs apartment has 2 bedrooms/1 bathroom and is currently rented at $700/month. Rents are all inclusive. Office is not currently leased. New furnace just installed with a 10-year warranty. Great location in Mishawaka, less than 1/4 mile from the Mishawaka Riverwalk, 1/2 mile from Downtown Mishawaka, just over 2.5 miles from Capital Ave/SR 331, less than 3 miles from the Main St./Grape Rd. Shopping Corridor, 4.5 miles from the University of Notre Dame, and just over 6.5 miles from the Indiana Toll Road Interchange on Capital Ave/SR 331. Zoned NC: Neighborhood Commercial. Taxes: $1,779 Tax Year: 2019
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School Ratings & Info
Description
Great investment opportunity close to downtown Mishawaka on heavily traveled N Main St. with over 25,000 cars daily (INDOT Traffic Counts). The building consists of an office space and 2 apartments. The front half of the main level fronting N Main St. is the office with 1 apartment in the back half and the other apartment upstairs. Property also has a single stall detached garage. The upstairs apartment has 3 bedrooms/1 bathroom and is currently rented at $600/month. The downstairs apartment has 2 bedrooms/1 bathroom and is currently rented at $700/month. Rents are all inclusive. Office is not currently leased. New furnace just installed with a 10-year warranty. Great location in Mishawaka, less than 1/4 mile from the Mishawaka Riverwalk, 1/2 mile from Downtown Mishawaka, just over 2.5 miles from Capital Ave/SR 331, less than 3 miles from the Main St./Grape Rd. Shopping Corridor, 4.5 miles from the University of Notre Dame, and just over 6.5 miles from the Indiana Toll Road Interchange on Capital Ave/SR 331. Zoned NC: Neighborhood Commercial. Taxes: $1,779 Tax Year: 2019
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