MLS#202626409
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONSt Joseph(s)
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
Property Features
Property Type: Commercial -
Cooling: None
Days on Market: 3
Heating: Other Heating System
Home Style: Warehouse
Lot Size: 0.82 Acres
Roof Type: Metal
Year Built: 1970
Feature Descriptions
Basement/ Foundation: Slab
Exterior: Metal
Lot Dimensions: 190 x 140
Sale Inclusions: Building
Sewer: Public
Water: Other
Listed By / Shown By
Listed By
Agency Name: Ellsbury Group
Agent Name: Tariq Suboh
Agency Phone: 219-200-5133
Shown By
Agent Name: Nikki (Hilliard) King Managing Broker
Agent Phone: (260) 385-3033
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