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434 S Byrkit Ave, Mishawaka, IN 46544

$525,000
: 1
BA

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List Price: $525,000
Price Change: ▼ $74,000 1790641325
MLS#: 202626409
Property Type: Commercial Sale
Bathrooms: 1
Year Built: 1970
Status: ACTIVE

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Property Description

The Ellsbury Group is pleased to present 434 S Byrkit Avenue — a 12,000 SF industrial building on 0.8 acres in Mishawaka, Indiana, configured as two firewalled spaces (4,000 SF and 8,000 SF). The 8,000 SF side is leased month-to-month to an established auto-parts tenant (bumpers & headlights) at $2,000/mo who wishes to stay; the owner occupies the 4,000 SF side. At $599,000 ($49.92/SF) — below the Mishawaka $45–$50/SF market and replacement cost — the building carries a new 2025 roof (~$225K), 440-amp 3-phase power, and 18' clear height. Because the lease is month-to-month, an owner-user can occupy on short notice, or lease both sides to market for a pro forma $47,193 (7.9%). Next-door 432 S Byrkit is also available — both for a $778,000 portfolio

765-573-6185

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Additional Information

Basement: Slab
Stories: 1
Acres: 0.82
Cooling: None
Water: Other
Region: St. Joseph County