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501 E Lawrence Street, Mishawaka, IN 46545

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For Sale

$225,000

3 beds • 3 baths • 3,868 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $58.17
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 202544517

Courtesy Of Huckins Real Estate dba RE/MAX 100

(574) 255-5858

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.2 Acres
  • Rooms
    Basement, Dining Room, Great Room, Kitchen, Living Room

Map and Directions

Directions to 501 E Lawrence Street, Mishawaka, IN 46545

Home seller CENTURY 21 Circle

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CENTURY 21 Circle

(574) 314-6000
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Copyright © 2025 Greater South Bend-Mishawaka Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.