1510 E Douglas Rd (5415 N Fir Rd)

Vacant Land for Sale
Catylist Listing ID: 30278069
Property Subtypes: Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 2.23 Acres
Sale Price: $836,250
Unit Price: $375,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/21/2019

Overview / Comments

Great commercial development potential for this 2.23+/- acre site near the northwest corner of Douglas and Fir. Site has approximately 316’ of frontage on Douglas, located near a signalized corner and can be divided down to 1-acre. Parcels were recently annexed into the City of Mishawaka. Zoned C-1 which allows for commercial and retail uses. Municipal utilities at the street. The property is adjacent to a Senior Living Community, is across from the WSBT TV/radio station and is only a half mile east of the Saint Joseph Health System Mishawaka campus. The property is located in a strong demographic trade area.

The property is owned wholly or in part by a licensed real estate broker in the State of Indiana.

Additional Details

Nearest MSA: South Bend-Mishawaka
County: St Joseph
Tax ID/APN: 06-1012-0177;06-1012-017707
Zoning: C1
Area Description: The property is at the northwest corner of Fir and Douglas Roads in Mishawaka. It is located between the I-80/90 Toll Road exit in Mishawaka and the east side of the University Park Trade Area (UPTA). The UPTA is one of the most dominant retail markets in the state and contains over 6.5 million square feet of retail, office and hotels with a population of 450,000. The area benefits greatly from nearby universities including the University of Notre Dame, Saint Mary’s College, Bethel College and Indiana University South Bend. Visitors to the University of Notre Dame spend (annually) over $92 million in the area.
Lot Frontage: 316
Zoning Description: C1
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,007 57,885 162,758
Median Age: 34.66 37.9 36.6
Households: 1,531 24,409 62,809


Photograph of Listing Agent

George S. Cressy CCIM

NAI Cressy CPIX Member
Photograph of Listing Agent

Corey Cressy CCIM

NAI Cressy CPIX Member
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