1.22 Acre Outlot Lincolnway E & Capital Ave.
Mishawaka, IN 46544
Land For Sale · 1.20 AC

Rare development opportunity on the corner of Lincolnway E (approx. 21,500 cars daily) and Capital Avenue (approx. 26,700 cars daily, INDOT Traffic Counts) in the Twin Branch area of Mishawaka. An approx. 1.20-acre outlot, this is the ideal property and location for a convenience store with gas, a fast-casual restaurant with a drive-thru, a standard restaurant with the ability to obtain a river liquor license from the City of Mishawaka, or a small strip center with great visibility from both Lincolnway E and Capital Ave. See the conceptual layout for a possibility of a mixed-use development. High end condos are in plan to be built along the river and creek surrounding the outlot (see conceptual drawings). Great proximity, only 1 mile from Twin Branch Park, 1.5 miles from Mishawaka High School, 2.5 miles from Schmucker Middle School and Penn High School, 2.5 miles from Downtown Mishawaka and the Mishawaka Riverwalk, 5 miles from the Grape Rd./Main St. shopping corridor in Mishawaka, 5 miles from the IN-Toll Road Interchange at Capital Ave, 5 miles from Granger, IN, 7 miles from the city of Elkhart, and 7 miles from the University of Notre Dame. *Note: The former hotel building on the property has been demolished.* Current taxes: $9,894.98. Tax Year: 2024 payable 2025.