Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2431/ Marcus & Millichap is pleased to present a vacant, free-standing, commercial building located at 1217 E McKinley Avenue in Mishawaka, Indiana (the “Property”). Formerly occupied by American Freight, the Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount. The Property is improved with a one-story, free-standing building totaling ±29,012 square feet, and offers 25 parking spaces. The Property has tremendous visibility, ample parking, billboard income, and loading docks. The Property is strategically positioned on ±1.47 acres and can be accessed via multiple ingress/egress curb cuts. Zoned I-1, Light Industrial, this zoning offers favorable flexible zoning allowing for a variety of uses via adaptive reuse or repositioning including self-service mini-storage. There is an on-site billboard leased through June 21, 2031, at $2,350.00 annually. Mishawaka is a growing retail and industrial hub in northwest Indiana, located in St. Joseph County. The city is part of the South Bend–Mishawaka MSA, benefiting from its proximity to South Bend (5 miles west) and the University of Notre Dame, which drives economic activity and demand for retail, hospitality, and housing. The Property serves a trade area that benefits from strong demographics with a population of 154,546 residents and an average household income of $79,980 within a 5-mile radius.