Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Robert Thatcher · Cell: 574-596-1576
521 E Marion Street
$399,000
$86.59 / sq ft
Mishawaka, IN 46545
Estimate your monthly payment- Bathrooms
- 3
- Lot
- 0.4 ac
- Year built
- 1990
- Type
- Warehouse
- Listed
- August 23, 2026
- MLS #
- 202634515
About this home
Outstanding & Unique Investment Property - Ideal for Owner-Operator or Investor! * Affordable, Investment Properties Like This Are Rare * Two (2), Longstanding Commercial Tenants wish to stay & operate; generating an attractive $1,100.00 /Month Income Stream. The Owners Suite consists of 2,500 +/- SF with 14' Eave Ht. & (2) 10'x12' Overhead Doors w/Openers. The Clear-Span design yields a large open warehouse bay or work area. Supported by a front Entry/Reception/Office, Storage & Work Rooms & excellent R/R. Unique Features Include: High quality earth-tone DRYVIT-EFIS Exterior Bldg Finish & Monument Signage | Upscale Front Deck & multiple on-site parking spaces | Tenant #1 - Custom Home Builders Show Room, Stellar Finishes, Built-In Casegoods w/ Hard Surface Counters, Fireplace, Custom Bath w/Shower & more - Must See | Tenant #2 - Fully Operational Shop Space, 10'x12' OH Door w/Opener, Well Lit, Nice Office Space & Notable RR | Owner Suite is set-up as a Private Club, Game Room - Easily Re-Purposed
Property details
Interior
- Stories
- 1
- Finished area above grade
- 4,608 sq ft
- Flooring
- Carpet, Concrete, Wood
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
Exterior & parking
- Construction
- Metal Siding
- Roof
- Metal
- Parking
- Asphalt, Concrete, Paved, Private, On Street
- Fencing
- Chain Link
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.4 ac
- Lot dimensions
- 130'x135'
- Location type
- City
- Inside city limits
- Yes
- County
- St. Joseph County
- Township
- Penn
- Current use
- Building Trade, Garage, Office/Showroom, Personal, Recreational
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- From McKinley Ave (US20) proceed south on Cedar several blocks - Through Jefferson Blvd. then Right (West) on Marion - Herbs Drywall - Mid-Block, Between Cedar & Locust St.
Taxes & terms
- Annual taxes
- $1,420
- Tax year
- 2025
- Tax abatement
- No
- Listing terms
- Conventional, Purchase Money Mortgage
- Possession
- 1 Week - Post Closing
- Parcel number
- 71-09-10-308-006.000-023
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up, Storm Sewer
- Water provider
- Mishawaka Utility
Income & commercial
- Parking spaces
- 12
- Water meters
- 1
- Ceiling height
- Varies
Location
Similar homes
$350,000
Listed Dec 1, 2025317 E Marion Street
Mishawaka, IN 46545-6511
- 2 baths
Listing courtesy of Cressy & Everett - South Bend
$495,000
110 Lincolnway E Street
Mishawaka, IN 46544-2017
- 2 baths
Listing courtesy of Berkshire Hathaway HomeServices Northern Indiana Real Estate
