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Auction Information
Auctioneer Key Auctioneers 855-353-1100
Auction Date Nov 02 Auction
Location
1211 West 6th Street
Mishawaka, IN
Time 01:00PM
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Auction Listing
AuctionZip Auctioneer ID# 11453
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Absolute Auction of a 2,468 TSF mixed-use building in Mishawaka. A retail/restaurant space, with a rear 1-bedroom apartment and 2-car garage. Great investment opportunity, or live where you work as proprietor of your own business!

This property will be sold regardless of the high bid price! Broker participation is invited!

Address

 

1211 West 6th Street, Mishawaka, IN 46544

Zoning

 

C-1, Commercial District

Parcel Number

 

71-09-16-310-011.000-023

Cause Number

 

71D04-1508-MF-000512

Lot Size

 

0.12 AC

Lot Details

 

Retangular shape; generally level

Frontage Area

 

40′ along 6th Street

Building Size

 

2,468 TSF

Apartment

 

1,718 SF

Partial Basement/Apartment

 

740 SF

Pub

 

750 SF

Garage

 

840 SF (2-car detached)

Construction Type

 

Concrete slab foundation; wood framing; partial masonry façade &

 

 

primary aluminum siding wrap

Roof Type

 

Pub area: EPDM rubber coat over wood framing; 

 

 

Residential area: pitched wood framing w/asphalt shingles 

Year Built

 

1961

Clear Ceiling Height

 

8′-9′

Parking

 

2-car detached garage for apartment; compressed gravel lot

 

 

and street parking for pub

Assessed Tax Value

 

$112,400

Annual Taxes

 

$4,896

Other Pertinent Data

 

All public utilities

 

 

Apartment rental income $500/month; month-to-month lease

Required Down Payment

 

$10,000 cashier’s check day of sale; bring deposit to 10% within 3 days 

Closing Time

 

Within 30 days

Tax Administration

 

Purchaser pays next installment due and payable after auction

For More Information, Contact:
Veronica Hughes
(317) 353-1100 (Office)
(317) 430-6169 (Cell)
vhughes@keyauctioneers.com

Key Terms
10% buyers premium will be collected
Licenses: AC30900124 & AH21200016; Seth D. Seaton (AU10900115)
Cause No. 71D04-1508-MF-000512




Auctioneer License Information: AC30400094

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