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2754 E Lincolnway - River Development Site - Lincolnway & Capital 1.16 Acres of Commercial Land Offered at $137,000 in Mishawaka, IN 46544



INVESTMENT HIGHLIGHTS
- Excellent Development Opportunity With High Traffic Counts, Great Visibility, and Curb Cuts in Place
- Suitable For 1031 Exchange
PROPERTY FACTS
| Price | $137,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Property Type | Land | ||
| Zoning | R-3: Multi-Family - Multi-Family Residential | ||
| Price | $137,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.16 AC |
| Zoning | R-3: Multi-Family - Multi-Family Residential |
1 LOT AVAILABLE
Lot
| Price | $137,000 | Lot Size | 1.16 AC |
| Price Per AC | $118,103.45 |
| Price | $137,000 |
| Price Per AC | $118,103.45 |
| Lot Size | 1.16 AC |
R-3 Residential with the potential to re-zone for commercial uses.
DESCRIPTION
This 1.16-acre site, located at the northeast intersection of Linconlway Highway and Capital Avenue in Mishawaka, IN offers excellent development potential. This is an excellent opportunity for the development of convenience stores/gas stations, retail shops, or restaurants; particularly QSRs as it is adjacent to Dunkin’ Donuts. Across Lincolnway there are several QSRs including McDonald’s, Burger King, Wendy’s, and Taco Bell. Currently zoned R-3, the property permits a variety of other uses such as multi-family, health care facilities, daycare centers and more. The owner plans on constructing twenty-five luxury townhomes directly adjacent to the property on the north and west side of the parcel for sale. The parcel is serviced by a newly upgraded lift station. The land is flat, cleared and tree-free, helping to minimize site preparation and delivery cost. Positioned in a high-traffic corridor at the intersection of two state highways, minutes from I-80/90 and the US-20 Bypass. Located at the regional center of Mishawaka, South Bend, and Elkhart, the site enjoys excellent visibility and accessibility. With a large concentration of households and businesses within a five-mile radius, this property is well suited for a wide range of development opportunities. The property is strategically located within a larger commercial and retail district, surrounded by numerous major quick-serve restaurants and national retailers. Positioned along Lincolnway East (SR 933), a four-lane highway with a center turn lane, the property offers excellent visibility and safe, convenient access directly into the site. Just minutes from downtown Mishawaka and South Bend, the location is also well connected to regional transportation routes, with the US 20/31 Bypass less than 4 miles away and the I-80/90 Toll Road approximately 5 miles to the north. The strong mix of surrounding businesses, residential neighborhoods, and high traffic volumes make this site an ideal opportunity for future development.
PROPERTY TAXES
| Parcel Number | 71-09-13-102-012.000-023 | Improvements Assessment | $0 |
| Land Assessment | $23,000 | Total Assessment | $23,000 |
PROPERTY TAXES
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2754 E Lincolnway - River Development Site - Lincolnway & Capital
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