434 S Byrkit Avenue, Mishawaka, IN 46544

$599,000

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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

Listing courtesy of Tariq Suboh from Ellsbury Group. 219-200-5133

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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