www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31432754
31432761

500 Commerce Dr, Lakeville, IN 46536 For Sale

BW
IN IN RB18001381
NAI Cressy - Mishawaka
ND
IN IN RB14051375
NAI Cressy - Mishawaka
NAI Cressy - Mishawaka
JD
LIC RB21000300
NAI Cressy - Mishawaka
Listed by NAI Cressy - Mishawaka
$475,000
112 days on market
Updated 5 days ago

500 Commerce Drive, Lakeville, IN

Details
Property Type Office, Industrial
Sub Type Distribution, Flex (+1)
Square Footage 12,192
Net Rentable (SqFt) 12,192
Price per SqFt $39
Year Built 1996
Buildings 1
Stories 1
Acreage 2.300
Zoning GI
Ceiling Height 12' - 18'
Loading Docks 1
Dock High Doors 2

Office | 12,192 SqFt

Marketing description

This well-maintained commercial building offers highly versatile space suited for office, retail, light industrial, logistics, distribution, manufacturing, or service-oriented uses. The property features ample parking, convenient drive-up access, and on-site security with camera systems. Inside, the building includes a 6,000 SF low-bay area with approximately 12’ clear height, two overhead doors, one exterior dock, a shop office, and a shop restroom. An additional 4,400 SF high-bay space offers 18’ clear height, one dock door, and a dedicated shop office, providing flexibility for a range of operational needs. Complementing the industrial space is a 1,700 SF office suite, complete with four private offices, a large conference room, a break room, and an office restroom. The property also includes excess ground, ideal for expansion or outdoor storage, making it a rare opportunity given the limited availability of similarly sized buildings in St. Joseph County.

This property benefits from a strategic position just south of the South Bend metropolitan area, offering convenient access to a strong regional workforce and business base. The site provides excellent connectivity via nearby U.S. Route 31, a major north-south corridor linking the property to South Bend and Indianapolis. Additional access to surrounding state highways enhances regional mobility, making it easy to reach neighboring communities and key distribution routes. This accessible yet less congested location is ideal for businesses seeking efficient transportation options while maintaining proximity to a major metropolitan area.

Investment highlights

  • This well-maintained commercial building.
  • Just south of the South Bend metropolitan area.
  • Easy access to U.S. 31 and nearby state highways.
  • Ideal for logistics, distribution, manufacturing, or service-oriented enterprises.
  • 6,000 SF low bay with approximately 12’ clear height.
  • 4,400 SF high bay with 18' clear height.
  • 2 overhead doors and 1 exterior dock.
  • 1,700 SF office area.
  • Security system and cameras on site.
  • Few similarly sized buildings available is St. Joseph County.
  • Excess ground for expansion or outdoor storage.

Listing Contacts

BW
IN IN RB18001381
NAI Cressy - Mishawaka
ND
IN IN RB14051375
NAI Cressy - Mishawaka
NAI Cressy - Mishawaka
JD
LIC RB21000300
NAI Cressy - Mishawaka
Listed by NAI Cressy - Mishawaka

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

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Blair Wozny
License
IN RB18001381
Brokerage Phone
5743400040
Title
MI
Brokerage Address
200 North Church Street
Name
Noah Davey, CCIM
License
IN RB14051375
Brokerage
Cressy commercial real estate
Title
Principal, senior broker
Brokerage Address
200 North Church Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591