102 LincolnwayMishawaka, IN 46544

For Sale
$630,000

15,774 SF Restaurant, Office, & Potential Residential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional three-story, 15,774 square foot building, constructed in 1874, presents a unique investment opportunity in Mishawaka, Indiana's thriving central business district. Currently zoned C-3, this adaptable property offers a ground floor layout perfectly suited for a restaurant or bar, complemented by versatile second-floor office space. The third floor provides significant potential for conversion into modern apartments or additional office areas, enhancing the property's income stream. An elevator ensures convenient access to all three floors. The building's prime location at the northeast corner of Lincolnway East (SR-933) and North Main Street, directly across from City Hall, guarantees high visibility and accessibility. This location benefits from significant ongoing urban revitalization efforts, including over $27 million in investments in projects like The Mill at Ironworks Plaza and new residential developments. The property's strategic position within an Opportunity Zone and TIF District offers potential access to additional economic incentives. The asking price is $630,000, translating to $39.94 per square foot. This property's flexible zoning allows for commercial, retail/service, professional office, and residential uses, making it an ideal choice for a variety of investors and developers seeking a high-impact investment in a rapidly growing downtown area. The building's flexible layout and prime location make it an attractive opportunity for mixed-use development.

Highlights

  • Yorktown Building: Sale/Lease Opportunity
  • High-Visibility Corner Location in Downtown Mishawaka's Central Business District

Property Details for 102 Lincolnway

Property type
Other retail properties, Restaurants
Square Feet
15,774 SF
Class
C
Year Built
1874
Stories
3

Location Insight

City
Mishawaka
County
St. Joseph
State
Indiana
Latitude
41.6613187
Longitude
-86.1804606
102 Lincolnway, Mishawaka, Indiana

FAQs

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102 Lincolnway
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