$225,000

501 E Lawrence Street, Mishawaka, IN 46545

  • 3 beds |
  • 3 baths |
  • 4,859 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $46/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
November 3, 2025 at 06:00AM
Listing Office:
RE/MAX 100 : 574-255-5858
Listing Agent:
Susan Ullery : 574-286-6950
MLS ID:
202544517
  • Basement: Full BasementUnfinished
  • Flooring: CarpetHardwood FloorsLaminate
  • A/C: Central Air
  • Heating: Gas
  • General: Brick
  • Style: OtherTwo Story
  • Roofing: Flat
  • School District: School City of Mishawaka
  • Zoning: LOT 108 G W R FOWLERS 1ST71-09-10-356-001.000-023
  • Fencing: Chain LinkPartial
  • Water: City
  • Sewer: City

This listing courtesy of Susan Ullery, RE/MAX 100

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Battell Elementary School

715 E Broadway St, Mishawaka, IN, 46545

Grades KG-6

0.19 miles away

J

John J Young Middle School

1801 N Main St, Mishawaka, IN, 46545

Grades 7-8

0.73 miles away

M

Mishawaka High School

1202 Lincolnway E, Mishawaka, IN, 46544

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.