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508 Lincolnway W 4,367 SF Retail Building Osceola, IN 46561 $680,000 ($155.71/SF)
Executive Summary
Exceptional opportunity to acquire a well-established, turnkey automotive dealership business and commercial real estate in a high-visibility location on Lincolnway West in Osceola. Meraj Motors is being offered with the real estate and operating LLC, providing a rare opportunity for an owner-user or investor to step into an established business presence.
The sale includes the commercial building, site improvements, fixtures, equipment, and the operating LLC. Vehicle inventory is not included in the purchase price but may be negotiated separately under a separate agreement. The property offers excellent frontage, ample parking, and outstanding exposure along a busy commercial corridor, making it suitable for a variety of automotive, retail, or commercial uses (subject to zoning). Conveniently located near South Bend, Mishawaka, Elkhart, and the Indiana Toll Road.
- Sale includes the real estate and the operating LLC.
- Vehicle inventory is NOT included in the purchase price and may be purchased separately through a separate bill of sale, if negotiated.
- Business name, goodwill, furniture, fixtures, equipment, and operational assets included unless otherwise excluded.
- Owner occupied. Do not disturb owner, employees, or customers.
- Showings by appointment only through the listing agent.
- Proof of funds or lender pre-approval required prior to scheduling showings.
- Buyer's agent to verify all zoning, measurements, taxes, and intended use independently.
The sale includes the commercial building, site improvements, fixtures, equipment, and the operating LLC. Vehicle inventory is not included in the purchase price but may be negotiated separately under a separate agreement. The property offers excellent frontage, ample parking, and outstanding exposure along a busy commercial corridor, making it suitable for a variety of automotive, retail, or commercial uses (subject to zoning). Conveniently located near South Bend, Mishawaka, Elkhart, and the Indiana Toll Road.
- Sale includes the real estate and the operating LLC.
- Vehicle inventory is NOT included in the purchase price and may be purchased separately through a separate bill of sale, if negotiated.
- Business name, goodwill, furniture, fixtures, equipment, and operational assets included unless otherwise excluded.
- Owner occupied. Do not disturb owner, employees, or customers.
- Showings by appointment only through the listing agent.
- Proof of funds or lender pre-approval required prior to scheduling showings.
- Buyer's agent to verify all zoning, measurements, taxes, and intended use independently.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
4,367 SF
Building Class
C
Year Built
1985
Price
$680,000
Price Per SF
$155.71
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.26
Lot Size
0.39 AC
Zoning
C – Commercial - Excellent opportunity to acquire a well-positioned commercial property along Lincoln way W in Osceola, Indiana.
Parking
40 Spaces (9.16 Spaces per 1,000 SF Leased)
Frontage
84’ on Lincolnway Way
Amenities
- Pylon Sign
- Signage
About 508 LINCOLNWAY W , OSCEOLA, IN 46561
Exceptional opportunity to acquire a well-established, turnkey automotive dealership business and commercial real estate in a high-visibility location on Lincolnway West in Osceola. Meraj Motors is being offered with the real estate and operating LLC, providing a rare opportunity for an owner-user or investor to step into an established business presence.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 71-10-16-108-018.000-030 | Improvements Assessment | $43,500 |
| Land Assessment | $25,500 | Total Assessment | $69,000 |
Property Taxes
Parcel Number
71-10-16-108-018.000-030
Land Assessment
$25,500
Improvements Assessment
$43,500
Total Assessment
$69,000
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508 Lincolnway W