Excellent development opportunity on approximately 3.5 buildable acres on the corner of heavily traveled Lincolnway E (19,650 cars daily) and Capital Ave. (22,460 cars daily). Outlot recently sold to Dunkin Donuts which is currently under construction. Brand new access road also to be constructed to site. Across the street from multiple drive-thru, quick service restaurants including McDonald's, Burger King, Taco Bell, and a brand new Wendy's to be constructed in 2022. Great proximity located on one of the main routes between South Bend and Elkhart. Just over 2 miles from Downtown Mishawaka, less than 3 miles from the US 20 Bypass, 5 miles from the Indiana Toll Road Interchange at Capital Ave, 5.5 miles from Granger, 6.5 miles from Downtown South Bend, and 8 miles from Downtown Elkhart. Existing Mishawaka Inn hotel in current operation on the property. Hotel is 43,488 SF on 3 floors. Zoned C-1 General Commercial. Taxes: $21,491 Tax Year: 2020. (Note: Taxes have not been updated from sale with Dunkin Donuts).
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