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
Listed By
Broker Name: Ellsbury Group
Agent Name: Tariq Suboh
Broker Phone: 219-200-5133
Shown By
Broker Title: Cressy & Everett Real Estate
Broker Phone:
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434 S Byrkit Avenue, Mishawaka, IN 46544.
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