Auction - Former American Freight | 29,012 SF | 1217 E McKinley Ave
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Auction - Former American Freight | 29,012 SF 1217 E McKinley Ave Local commercial 2 695 m² À vendre Mishawaka, IN 46545 275 172 € (102,09 €/m²)
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- STARTING BID $300,000 | 29,012 SF | 21K VPD Traffic Count | Billboard Income | AUCTION MAY 5-7, 2025
- Prime Frontage with 21,824 VPD Traffic Counts on E McKinley Ave and Adjacent to Dollar General
- Income from On-Site Billboard Leased Through 2031 | Building Features Open Layout with Multiple Loading Docks
- Freestanding 29,012 SF Commercial Building With Billboard Income in NW Indiana
- Prime Retail Corridor including Lowe’s, Best Buy, Sam’s, Walmart, Target, HomeGoods, Home Depot, Aldi, Costco, and more
- Attractive Demographics with Population of ±154,546 People with an Annual Household Income of $79,980 (5-Mile)
RÉSUMÉ ANALYTIQUE
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.
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.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Local commercial
Surface de l’immeuble
2 695 m²
Classe d’immeuble
C
Année de construction/rénovation
1957/1991
Prix
275 172 €
Prix par m²
102,09 €
Occupation
Mono
Hauteur de l’immeuble
1 Étage
Dalle à dalle
2,74 m
Coefficient d’occupation des sols de l’immeuble
0,45
Surface du lot
0,59 ha
Zonage
I-1
Stationnement
25 Espaces (9,28 places par 1 000 m² loué)
Façade
58 m le East McKinley Avenue
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TAXES FONCIÈRES
| Numéro de parcelle | 71-09-10-201-009.000-023 | Évaluation des aménagements | 290 031 € |
| Évaluation du terrain | 85 212 € | Évaluation totale | 375 243 € |
TAXES FONCIÈRES
Numéro de parcelle
71-09-10-201-009.000-023
Évaluation du terrain
85 212 €
Évaluation des aménagements
290 031 €
Évaluation totale
375 243 €
(954) 245-3417
x3417
CONTACTS
-
Howard Bregman -
Adam Sklaver -
Philip Kates -
Kyle Hynes -
Josh Caruana -
Marcus & Millichap
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Auction - Former American Freight | 29,012 SF | 1217 E McKinley Ave
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