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Listed by Ellsbury Group
$599,000
Est. payment /mo
1 Bath
0.82 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Subdivision St Joseph(S)
MLS Listing ID IRM202626409
HOA Y/N No
Year Built 1970
Annual Tax Amount $4,745
Tax Year 2025
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 190 x 140
Property Sub-Type Warehouse
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
Location
State IN
Zoning Light industrial
Rooms
Basement Slab
Interior
Heating Other
Inclusions Building
Fireplace N
Exterior
Parking Features Parking Lot, Private
View Y/N true
Total Parking Spaces 10
Building
Sewer Public Sewer
Water Other
New Construction No
Others
Pets Allowed No
Tax ID 71-09-14-301-014.000-023
Acceptable Financing IRM202626409
Listing Terms IRM202626409
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202626409
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