501 E Lawrence Street, Mishawaka, IN 46545
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by: susan ulleryVM: 574-235-3446
Office: re/max 100
MLS#:202544517
Source:Indiana Regional MLS
Price summary
- Price:$225,000
- Price per sq. ft.:$46.31
About this home
Nostalgic charm meets endless potential in the heart of Mishawaka! This timeless brick corner building at Lawrence & Locust offers three separate units under one roof. The bright and inviting storefront captures classic small town character with large display windows and a welcoming red door. Inside, you will find a large open area ideal for a boutique, salon, studio or office space. There is also a full bath, office/flex room, laundry area that could be converted to kitchenette. Upstairs and behind are two residential apartments: a spacious 3BR, 2 Bath (approx 1174SF) apartment (720 Locust) featuring a living room, dining room, kitchen, laundry hook up, and flex area. If you venture around back and up the staircase you will find a darling 1BR, 1 Bath (approx 577SF) apartment (720 1/2 Locust) with living room, & eat-in kitchen too! Perfect for rental or guest suite. A 21x45 basement, 23x23 garage, and a 17x8 storage room add even more value and versatility. Being sold as is - bring your tools, talent & imagination to this nostalgic Mishawaka gem brimming with income producing opportunity. Tax records indicate Commercial Zoning in place.
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Home facts
- Year built:1924
- Listing ID #:202544517
- Added:45 day(s) ago
- Updated:December 17, 2025 at 07:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,868 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Gas
Structure and exterior
- Roof:Flat
- Year built:1924
- Building area:3,868 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:Mishawaka
- Middle school:John Young
- Elementary school:Battell
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$46.31
- Tax amount:$2,959
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