2210 E Mishawaka Ave

Retail-Commercial for Sale
Catylist Listing ID: 30507434
Property Subtypes: Street Retail, General
Building Size (RSF): 5,700 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 Acres
Sale Price: $195,000
Unit Price: $34.21 PSF
Property Use Type: Investment, Business
Sale Terms: Undisclosed
Cap Rate: 15.0%
Last Updated: 2/12/2020

Overview / Comments

Investment Opportunity! Four Retail Units, fully leased at High Traffic Count location. Each unit has it own basement. The first unit 2210, has a workroom & garage w/an overhead door. Great for office or retail use. 2210/2212 zoned LB. 2214 & 2216 zoned MU. Note: 3 parcels/key numbers. Taxes include all 3 parcels. Street parking plus some additional parking at rear of building. Tenants to pay all utilities. Total monthly rent includes some CAM charges.

Additional Details

Nearest MSA: South Bend-Mishawaka
County: St Joseph
Tax ID/APN: 710917102004000026
Property Visibility: Excellent
Largest Nearby Street: Ironwood Drive
Feet of Frontage: 80
Tenancy: Multiple Tenants
Property Condition: Good
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,222 107,670 182,129
Median Age: 34.53 34.1 35.35
Households: 8,056 42,936 71,805


Photograph of Listing Agent

Steve Weldy

Weichert Realtors
CPIX Member
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