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Inv e s t m e n t O p p o rtun i ty | C o mme rci a l Building For Sale 114 Lincolnway East Mishawaka, Indiana Owner-Occupied Or Investment Offering In The CBD Of Mishawaka Property Details Snapshot Owner-Occupied or Investment offering in the CBD of Mishawaka. The property Total Building: 3,528 SF + 1,765 SF Basement Vacant: 1,765 SF (1st Floor Retail) Land: 21’ x 140’ furnishings and fixtures included in lease rate of $1,750 per month NNN. Good Built: 1876; Remodeled In 2003 for office reuse such as CPA, attorneys and financial advisors. Owner is willing Zoning: C-3 (City Of Mishawaka) to modify space for a tenant as necessary. Parking: Street Parking & 4 Car Parking At Rear Of The Building The second floor is rented out as an apartment and consists of a private Signage: Window & Building improvements to the building including all new electrical, ceiling and lighting. Utilities:Municipal is a two-story, 3,528 Square Foot mixed-use building with a turn-key restaurant space on the street level consisting of 1,764 SF with restaurant equipment, entrance 3 bedroom apartment with a long term tenant. The owner has made Two layers of firerock between the first and second floors provides for noise control. There is a 1,764 SF basement that has been used for storage and HVAC: 5 Ton Unit (Restaurant, Available); 3 Ton Unit (Apartment, Rented) Annual Taxes: $5,960.36 (2015 Pay 2016) The building is served by municipal utilities, 200 Amp (Restaurant) and 100 List Price: $250,000 Amp (Apartment) electric service, separate gas HVAC for restaurant (5 ton unit) Lease Rate: $1,750 Per Month NNN and Apartment (3 ton unit)and parking for 4 cars at the rear of the building. 4100 Edison Lakes Parkway, Suite 350 Mishawaka, Indiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated office space with direct access from the outside. NOAH DAVEY Senior Broker, Principal 574.485.1530 noahdavey@cressyandeverett.com SHAWN TODD Senior Broker 574.485.1520 shawntodd@cressyandeverett.com Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. Inv e s t m e n t O p p o rtun i ty | C o mme rci a l Building For Sale 114 Lincolnway East Mishawaka, Indiana Located In Heart Mishawaka CBD | Convenient Access To Surrounding Communities Location The property is located in the heart of the CBD in Mishawaka on Lincolnway East just one block east of Main Street. The downtown area continues to grow and diversify with Smith’s Downtown, Stevie’s Unique Treats (not your usual bakery), Zing Japanese Fusion restaurant Roc’s Sports bar, Fabulous Lola’s, women’s clothing, Kamm Town Homes, Beutter Park river walk, the new Hospice and Palliative Care center development on the north side of the river, and a conversion of the old Mishawaka school to senior apartments. 4100 Edison Lakes Parkway, Suite 350 Mishawaka, Indiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated NOAH DAVEY Senior Broker, Principal 574.485.1530 noahdavey@cressyandeverett.com SHAWN TODD Senior Broker 574.485.1520 shawntodd@cressyandeverett.com Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. Inv e s t m e n t O p p o rtun i ty | C o mme rci a l Building For Sale 114 Lincolnway East Mishawaka, Indiana First Floor Restaurant 4100 Edison Lakes Parkway, Suite 350 Mishawaka, Indiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated NOAH DAVEY Senior Broker, Principal 574.485.1530 noahdavey@cressyandeverett.com SHAWN TODD Senior Broker 574.485.1520 shawntodd@cressyandeverett.com Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. Inv e s t m e n t O p p o rtun i ty | C o mme rci a l Building For Sale 114 Lincolnway East Mishawaka, Indiana Second Floor Apartment 4100 Edison Lakes Parkway, Suite 350 Mishawaka, Indiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated NOAH DAVEY Senior Broker, Principal 574.485.1530 noahdavey@cressyandeverett.com SHAWN TODD Senior Broker 574.485.1520 shawntodd@cressyandeverett.com Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
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