Description
Approx. 4.82 total buildable acres available for commercial development. Will divide. Great opportunity and great location with high visibility from two majorly traveled roads: Lincolnway E/SR 933 and Capital Ave/SR 331 with 545 ft. of frontage on Lincolnway E. Property abuts the St. Joseph River with approx. 296 ft. of water frontage. Existing hotel on site with nearly 170 parking spaces. Out lots can be purchased separately. Entire property priced at $995,000. Out lot 1 (lot 3 on exhibit) is approx. 1.62 acres priced at $395,000. Out lot 2 is .97 acres priced at $275,000 Property is zoned C-1: General Commercial allowing for ample commercial and retail possibilities. Traffic count on Lincolnway E/SR 933 over 21,000 cars daily and traffic count on Capital Ave./SR 331 at nearly 26,000 cars daily. Municipal water and sewer available. Total Taxes: $30,189 Tax Year: 2019 NOTE: Skinny parcel included to the farthest west puts the acreage over 5 acres, the minimum acreage for a PUD rezoning in the City of Mishawaka. Land not buildable.
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4.82ACRES
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School Ratings & Info
Description
Approx. 4.82 total buildable acres available for commercial development. Will divide. Great opportunity and great location with high visibility from two majorly traveled roads: Lincolnway E/SR 933 and Capital Ave/SR 331 with 545 ft. of frontage on Lincolnway E. Property abuts the St. Joseph River with approx. 296 ft. of water frontage. Existing hotel on site with nearly 170 parking spaces. Out lots can be purchased separately. Entire property priced at $995,000. Out lot 1 (lot 3 on exhibit) is approx. 1.62 acres priced at $395,000. Out lot 2 is .97 acres priced at $275,000 Property is zoned C-1: General Commercial allowing for ample commercial and retail possibilities. Traffic count on Lincolnway E/SR 933 over 21,000 cars daily and traffic count on Capital Ave./SR 331 at nearly 26,000 cars daily. Municipal water and sewer available. Total Taxes: $30,189 Tax Year: 2019 NOTE: Skinny parcel included to the farthest west puts the acreage over 5 acres, the minimum acreage for a PUD rezoning in the City of Mishawaka. Land not buildable.
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