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Former Will's Jewelry - DT Mishawaka 107 Lincolnway East 2,500 SF Retail Building Mishawaka, IN 46544 $179,000 ($71.60/SF)



INVESTMENT HIGHLIGHTS
- Former Will's Jewelry Building DT Mishawaka
- Original downtown building with lots of character
- Excellent Investment Opportunity
- Vibrant Downtown Mishawaka
EXECUTIVE SUMMARY
Excellent investment opportunity in the former Will's Jewelry building in the heart of Downtown Mishawaka. This building is one of the original buildings downtown located on bustling Lincolnway E (over 12,000 cars daily) next to the long-standing 1st Source Bank. With City Hall within a stone's throw, N Main St leads down to the new Mill development and the vibrant Mishawaka Riverwalk. Beacon is also currently constructing a brand-new outpatient center 1 block over on the corner of Lincolnway E and N Church St. The former Will's Jewelry building boasts much character with high ceilings both upstairs and down. The downstairs is open span with the original jewelry casings and vault. There is a small workshop area with a small break room in the back as well. The upstairs is an unfinished apartment in need of renovation with lots of potential to be an excellent downtown apartment. The building has had recent roof improvements (late 2023), a newer furnace (2016), and the overhang/facade had maintenance and repair (2023). Zoned C-3, City Center Commercial allowing a wide array of businesses on the main floor. Taxes: $3,191.50. Tax year 2024 pay 2025.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,500 SF
Building Class
B
Year Built
1871
Price
$179,000
Price Per SF
$71.60
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C-3 - City Center Commercial
Frontage
26’ on Lincoln Way
AMENITIES
- Signage
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 71-09-16-280-004.000-023 | Improvements Assessment | $498,700 |
| Land Assessment | $41,900 | Total Assessment | $540,600 |
PROPERTY TAXES
Parcel Number
71-09-16-280-004.000-023
Land Assessment
$41,900
Improvements Assessment
$498,700
Total Assessment
$540,600
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Former Will's Jewelry - DT Mishawaka | 107 Lincolnway East
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