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🏢 Just listed — Residential Land for sale in Mishawaka, IN.

📍 500 Lincolnway West, Mishawaka, IN
🏷  Residential Land · For Sale
💰 $100K

Excellent development opportunity for a wide array of uses in Downtown Mishawaka

<ul><li>Excellent visibility on heavily traveled Lincolnway W</li><li>Heart of vibrant and fast-growing Downtown Mishawaka</li><li>Zoned C-3: City Center Commercial allowing for a wide array of u

Full financials, photos, and broker contact:
https://commrty.com/property/indiana/mishawaka/nw-corner-of-lincolnway-w-and-west-st-mishawaka-in-2555346-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=nw-corner-of-lincolnway-w-and-west-st-mishawaka-in-2555346

#Mishawaka #Land #CommercialRealEstate #CRE #Investment

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Home/IN/Mishawaka

500 Lincolnway West

Mishawaka, IN 46544

Asking Price

$100K

Asset Type

Residential Land

Class

Class B

What's Special

Excellent development opportunity for a wide array of uses in Downtown Mishawaka <ul><li>Excellent visibility on heavily traveled Lincolnway W</li><li>Heart of vibrant and fast-growing Downtown Mishawaka</li><li>Zoned C-3: City Center Commercial allowing for a wide array of uses</li><li>Close proximity to many restaurants, housing, and professional offices</li><li>2 blocks from Ironworks Plaza, The Mill Phase I & II, Mishawaka Riverwalk, and Kamm Island</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

80.40%

DSCR

13.54

Strong

Cash-on-Cash

248.22%

Monthly Payment

$492.272

Annual Cash Flow

$74,092.739

Location & Travel Times

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