500 Commerce Drive

Lakeville, IN 46536

$525,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Terrific business building with expansive gravel parking lot to the south of the building and paved parking lot for office area. Great access to local highways. Building includes two warehouse areas with over 10,400 square feet and an attached office area that includes three offices, an ADA bathroom, lunch area, and plenty of storage area. Warehouses have brand-new overhead doors, separate bathroom, three phase electric, two loading docks (one with a leveler), and sprinkler system. Ceilings are 12’...Terrific business building with expansive gravel parking lot to the south of the building and paved parking lot for office area. Great access to local highways. Building includes two warehouse areas with over 10,400 square feet and an attached office area that includes three offices, an ADA bathroom, lunch area, and plenty of storage area. Warehouses have brand-new overhead doors, separate bathroom, three phase electric, two loading docks (one with a leveler), and sprinkler system. Ceilings are 12’ with 11’ doors. Purchase the building for $525,000 or lease it for $5,000 a month. Office furnishings to be included in deal.
  1. Listed by Anna Gilsinger • RE/MAX Results- Warsaw

Property Details for 500 Commerce Drive

Subdivision
None
Waterfront
No
LISTING UPDATED: 01/09/2025 01:53 AM

Property Details for 500 Commerce Drive

StatusActive
MLS #202500693
Days on Market4
Taxes$3,071 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1992
Lot Size2.30 AC / 100,188 SF
CountySt. Joseph County

Building Information for 500 Commerce Drive

Stories1Residences-Year Built1992Lot Size2.30 AC / 100,188 SF

Property Information for 500 Commerce Drive

Summary
Location and General Information
  • Area: St. Joseph County
  • City: Lakeville
  • Zip Code: 46536
  • State: IN
  • Township: Union
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Road Access: City
  • Fips Code: 18141
  • Directions To Property: Michigan Road to Jefferson Street; west on Jefferson Street to Commerce Drive; South on Commerce to property
Taxes and HOA
  • Annual Taxes: $3,071
  • Year Taxes Payable: 2024
  • Parcel Number Id: 71-13-34-277-002.000-028
Parking
  • Number Of Parking Spaces: 25
  • Parking: Gravel, Lot, Paved
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 2.3
  • Lot Dimensions: 195x176x30x230x286x230x59x176
  • Lot Number: 1
  • Approx Lot Size Sqft: 100188.0
Property and Assessments
  • New Construction: No
  • Year Built: 1992
  • Age: 33
  • Documents Available: Other
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Metal
  • Platted: Yes
  • Roof Material: Metal
Interior Features
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air
  • Flooring: Carpet, Concrete, Laminate
  • Heating/Fuel: Gas, Forced Air
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1
Income & Expenses Information
  • Gross Monthly Rent: $5,000

Property History for 500 Commerce Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Commerce Drive

Taxable ValueLand$9,500Additions$51,100Total$60,600
Tax Record2023$2,086 ($174 / month)
Home Facts
Total Finished SqFt8,000 SqFtAbove Grade Finished SqFt8,000 SqFtStories1Lot Size23,322 SqFtStyleWarehouseYear Built1997CountyST. JOSEPHAPN71-13-34-277-008.000-028

Schools near 500 Commerce Drive

This home is within Union-North United School Corp.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Rating
School
Distance
Laville Elementary School
PublicK to 6

Laville Jr-Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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500 Commerce Drive is a mixed use property for sale in Lakeville, IN 46536. This property was listed for sale on January 8, 2025 by RE/MAX Results- Warsaw, it's currently listed at $525,000. This listing's school district is Union-North United School Corp. Nearby schools include Laville Elementary School and Laville Jr-Sr High School. 500 Commerce Drive is a 0-bed, 0-bath, mixed use property built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results- Warsaw

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.