434 S Byrkit Ave, Mishawaka, IN 46544

$599,000
1
BA

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Listing courtesy of Tariq Suboh from Ellsbury Group.

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

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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