# 508 Lincolnway W, Osceola, IN 46561

> **TL;DR:** commercial, $630,000, built 1985.
> A/C. Est. $3,370/mo. Listed 83 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $630,000 |
| Year Built | 1985 |
| Lot Size | 16,988 sqft (0.39 acres) |
| Property Type | Commercial (Retail) |
| Status | Active |
| Days on Market | 83 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,186 |
| Estimated Insurance | $184 |
| **Total** | **$3,370** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1985
- 0.39 acre lot

## Description

### Agent Description
Buyer's agent to verify all zoning, measurements, taxes, and intended use independently. Exceptional opportunity to acquire a well-established, turnkey automotive dealership business and commercial real estate in a high-visibility location on Lincolnway West in Osceola. Meraj Motors is being offered with the real estate and operating LLC, providing a rare opportunity for an owner-user or investor to step into an established business presence. The sale includes the commercial building, site improvements, fixtures, equipment, and the operating LLC. Vehicle inventory is not included in the purchase price but may be negotiated separately under a separate agreement. The property offers excellent frontage, ample parking, and outstanding exposure along a busy commercial corridor, making it suitable for a variety of automotive, retail, or commercial uses (subject to zoning). Conveniently located near South Bend, Mishawaka, Elkhart, and the Indiana Toll Road. Buyer to verify all zoning, measurements, and permitted uses.

## Location

- **Address:** 508 Lincolnway W, Osceola, IN 46561
- **County:** St. Joseph County
- **Coordinates:** 41.663492, -86.076278
- **Google Maps:** https://www.google.com/maps?q=41.663492,-86.076278

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202632859

## Listing Agent

- **Name:** Kavita Patel
- **Brokerage:** McKinnies Realty, LLC
- **Broker Phone:** 5742713440

## Photos

![508 Lincolnway W - Photo 1](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3112894322r.jpg)

![508 Lincolnway W - Photo 2](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f625152683r.jpg)

![508 Lincolnway W - Photo 3](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3112894322r.jpg)

![508 Lincolnway W - Photo 4](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3880448361r.jpg)

![508 Lincolnway W - Photo 5](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3293652204r.jpg)

![508 Lincolnway W - Photo 6](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2151352553r.jpg)

![508 Lincolnway W - Photo 7](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f766742520r.jpg)

![508 Lincolnway W - Photo 8](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f1442471832r.jpg)

![508 Lincolnway W - Photo 9](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2684507480r.jpg)

![508 Lincolnway W - Photo 10](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f1548921862r.jpg)

![508 Lincolnway W - Photo 11](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3279047904r.jpg)

![508 Lincolnway W - Photo 12](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3947733651r.jpg)

![508 Lincolnway W - Photo 13](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2091615474r.jpg)

![508 Lincolnway W - Photo 14](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2237451041r.jpg)

![508 Lincolnway W - Photo 15](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3467637165r.jpg)

![508 Lincolnway W - Photo 16](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2277722264r.jpg)

![508 Lincolnway W - Photo 17](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f1135451304r.jpg)

![508 Lincolnway W - Photo 18](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f968067782r.jpg)

![508 Lincolnway W - Photo 19](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f882052867r.jpg)

![508 Lincolnway W - Photo 20](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2314741509r.jpg)

![508 Lincolnway W - Photo 21](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f4040958152r.jpg)

![508 Lincolnway W - Photo 22](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f204189110r.jpg)

![508 Lincolnway W - Photo 23](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2108731274r.jpg)

![508 Lincolnway W - Photo 24](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f1100164751r.jpg)

![508 Lincolnway W - Photo 25](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f127065612r.jpg)

![508 Lincolnway W - Photo 26](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f1931093296r.jpg)

![508 Lincolnway W - Photo 27](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f289027023r.jpg)

![508 Lincolnway W - Photo 28](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2453254346r.jpg)

![508 Lincolnway W - Photo 29](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f1967975073r.jpg)

![508 Lincolnway W - Photo 30](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3837710271r.jpg)

![508 Lincolnway W - Photo 31](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f2578921179r.jpg)

![508 Lincolnway W - Photo 32](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f144184479r.jpg)

![508 Lincolnway W - Photo 33](http://lh.rdcpix.com/b0bca369ea0876800cc6913cbf042f06l-f3785956337r.jpg)

---

**MLS#:** 202632859 | **Updated:** 2026-10-31
**Source:** listhub

*Copyright © 2026 Elkhart County Board 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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/508-lincolnway-w-osceola-in-46561-5a3604286b1641ec9b26d129d7e8f7a1)

---

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