USAINMishawakaSt Joseph(s)432 S Byrkit Avenue
432 S Byrkit Avenue | Image 1
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432 S Byrkit Avenue | Image 2
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$179,000

For Sale

A day ago

432 S Byrkit Avenue, Mishawaka, IN

House

MLS® 202626420

0 Bed

0 Bath

--

6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Warehouse
Levels Commercial Sale
Size -
Garage 
Taxes $1,800
Days Active 1
Lot Size 0.26 Acres
Approx. Age 1957
MLS® Number 202626420

Property Address: 432 S Byrkit Avenue, Mishawaka, IN, 46544

Average square foot calculated using Size range provided by listing agent.

Description

The Ellsbury Group is pleased to present 432 S Byrkit Avenue — a 3, 000 SF all-electric industrial building configured as four individual small-bay units with six grade-level drive-in doors, in Mishawaka, Indiana. Small single-bay units like these are among the most sought-after industrial product on the market — contractors, tradesmen, online sellers, and storage users compete for them, which keeps vacancy low and rents sticky. The units lease month-to-month; two tenants have stayed 14 and 5 years. Priced at $179, 000 ($59.67/SF), three of four units are leased ($18, 000/yr in place); re-leasing the vacant unit lifts the cap rate to 10.9%. The small-bay format is built for investors: income is diversified across multiple tenants, units re-lease quickly given deep demand, and granular rents limit exposure to any single vacancy. Every lease is month-to-month, so an owner-user can also buy and occupy on short notice. Next door, 434 S Byrkit is available too — both for a 15, 000 SF, $778, 000 portfolio.
MLS® Number202626420
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1957
BasementSlab
DrivewayPrivate
Garage Spaces
HeatNone
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2026List Date
$179,000List Price
  • Commute

Commute

Starting Address
Destination Address
432 S Byrkit Avenue, Mishawaka, IN

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