Listed by Coldwell Banker Commercial Roth Wehrly Graber South Bend
$189,000
116 W 3rd Street
Details
Property Type Special Purpose
Sub Type Other
Net Rentable (SqFt) 3,510
Units 2
Class C
Year Built 1923
Buildings 1
Acreage 0.070
Zoning C-3 City Center Commercial
Excellent investment opportunity in this brick built 1923 building in Downtown Mishawaka
Marketing description
Excellent opportunity for your business or investment in the heart of Downtown Mishawaka, 1/2 block off of Main St and 1 block from Mishawaka City Hall. This brick structure built in 1923 boasts much charm. Ready to be updated for your business or converted into an investment property, this property has a variety of possible uses from office, medical, retail, or renovated into apartments. The 1st Floor consists of a reception area, a front office/waiting room, along with multiple offices/exam rooms, a kitchenette, and a restroom. The 2nd Floor has a separate entrance off the alley and consists of more general offices/exam rooms, another small reception/waiting area, a full bathroom with a shower, and plumbing for an additional bathroom. Great proximity, only 1/4 mile from the beautiful Mishawaka Riverwalk, 2.5 miles from the Main St/Grape Rd shopping corridor (one of the largest shopping corridors in the State), 3.5 miles from Downtown South Bend, and 4.5 miles from the University of Notre Dame. Taxes: $3,645.52. Tax Year: 2024 pay 2025. Zoned C-3: City Center Commercial
Investment highlights
Built in 1923 boasting with charm
Excellent investment opportunity to renovate or convert
Heart of Downtown Mishawaka
1/4 mile to the Mishawaka Riverwalk
Listing Contacts
Listed by Coldwell Banker Commercial Roth Wehrly Graber South Bend
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
