REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jim, Christy & Crystal Owen

jimo@c21bradley.com +1(260) 348-4500

Listed by Tariq Suboh • Ellsbury Group

$ 179,000

Est. payment | -/mo

0.26 Acres Lot

Save Virtual Tour

$ 179,000

Est. payment | -/mo

Save Virtual Tour

0.26 Acres Lot

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Subdivision St Joseph(S)

MLS Listing ID 202626420

Year Built 1957

Annual Tax Amount $1,800

Tax Year 2025

Lot Size 0.260 Acres

Property Sub-Type Warehouse

Property 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.

Location

State IN

County St. Joseph County

Area St. Joseph County

Direction From Bremen Highway go east on E Deagoon Trl. Turn left heading north on Fir Rd (turns into s Byrkit ave) then turn on E 6th st. Go through the gate to your right. Property is straight ahead

Interior

Flooring Concrete

Appliance Building

Laundry , 6

Exterior

Roof Type Metal

Total Parking Spaces 6

Building

Story 1

New Construction No

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202626420

Nearby Locations

GET MORE INFORMATION

Jim, Christy & Crystal Owen

Realtor® - Managing Broker Certified | Lic# RB-19000314,21000119,26000845

jimo@c21bradley.com

+1(260) 348-4500

2928 East Dupont Rd, Fort Wayne 46825

432 S Byrkit Avenue Mishawaka, IN 46544

Jim, Christy & Crystal Owen

Key Details

Location

Interior

Exterior

Building

Others

432 S Byrkit Avenue