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    South Bend, IN Drive Through Restaurants for Sale

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    Net-Leased Wendy's Drive-Thru
    Updated: Apr 12
    Net-Leased Wendy's Drive-Thru

    4227 S Michigan Street, South Bend, IN 46614

    Contact for pricing
    Absolute triple net lease corporate, single‑tenant Wendy’s drive‑thru restaurant
    15 years of lease term remaining
    Scheduled 10% rent increases every five (5) years
    Wendy’s ranked #2 fast‑food burger chain in the U.S. by system‑wide sales (per QSR Magazine)
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 1 Active listings in South Bend, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    530 W McKinley Ave, Mishawaka, IN 46545

    $2,437,675
    4,115 sqft 1.00 AC lot

    Remodeled freestanding restaurant supported by a long-term NNN lease and established Burger King franchise operations.

    View details
    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    2801 Lincolnway E, Mishawaka, IN 46544

    $2,168,932
    3,780 sqft 1.50 AC lot

    Remodeled in 2019, the freestanding building combines restaurant improvements with a new NNN lease.

    View details
    Former Drive-In Restaurant Building
    Former Drive-In Restaurant Building

    287 E Main Street, Benton Harbor, MI 49022

    $324,900
    1,945 sqft 0.46 AC lot

    Commercial building with prominent street frontage in downtown Benton Harbor’s Arts District.

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    Commercial Building in Arts District
    Commercial Building in Arts District

    287 E Main St, Benton Harbor, MI 49022

    $324,900

    Commercial building in downtown Benton Harbor's Arts District for sale.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Existing Structures
    Commercial Land with Existing Structures

    516 E County Road 6, Elkhart, IN 46514

    $1,950,000
    3.14 AC lot

    The parcel carries B2 zoning and includes a block building plus a residential structure.

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    Interstate Commercial Land
    Interstate Commercial Land

    Main Street, Watervliet, MI 49098

    $499,900
    14.90 AC lot

    Commercial land with public water, public sewer, and cable availability near established interstate-oriented businesses.

    View details
    Redevelopment Property Ready For Lease
    Redevelopment Property Ready For Lease

    919 Marshall St, Allegan, MI 49010

    $450,000

    Prime commercial land available for sale, lease, or build-to-suit.

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    Redevelopment Opportunity in Allegan, MI
    Redevelopment Opportunity in Allegan, MI

    919 Marshall Street, Allegan, MI 49010

    $450,000
    0.57 AC lot

    Prime commercial land available for sale, lease, or build-to-suit.

    View details

    Off-Market Properties in South Bend, IN

    Consider similar Off-Market properties in South Bend, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    135 Dixie Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    135 Dixie Way, South Bend, IN 46637-3317

    $275,000
    Estimated value
    1,845 sqft 0.38 AC lot
    View details
    2324 Lincoln W Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    2324 Lincoln W Way, South Bend, IN 46628-2516

    $270,000
    Estimated value
    1,088 sqft 0.43 AC lot
    View details
    1107 Lincoln W Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    1107 Lincoln W Way, South Bend, IN 46616-1149

    $265,000
    Estimated value
    788 sqft 0.56 AC lot
    View details
    4949 Western Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4949 Western Ave, South Bend, IN 46619-2309

    $275,000
    Estimated value
    1,768 sqft 1.06 AC lot
    View details
    115 Washington St
    DRIVE-THRU RESTAURANT, FAST FOOD

    115 Washington St, South Bend, IN 46601-1604

    $265,000
    Estimated value
    3,040 sqft 0.07 AC lot
    View details
    207 Ireland Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    207 Ireland Rd, South Bend, IN 46614-2505

    $365,000
    Estimated value
    2,974 sqft 1.53 AC lot
    View details
    4206 Western Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4206 Western Ave, South Bend, IN 46619-2622

    $150,000
    Estimated value
    624 sqft 0.11 AC lot
    View details
    52750 Indiana State Rte 933
    DRIVE-THRU RESTAURANT, FAST FOOD

    52750 Indiana State Rte 933, South Bend, IN 46637-3243

    $260,000
    Estimated value
    1,632 sqft 0.42 AC lot
    View details
    4227 Michigan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    4227 Michigan St, South Bend, IN 46614-2547

    $275,000
    Estimated value
    4,016 sqft 2.24 AC lot
    View details
    52920 Indiana State Rte 933
    DRIVE-THRU RESTAURANT, FAST FOOD

    52920 Indiana State Rte 933, South Bend, IN 46637-3247

    $270,000
    Estimated value
    4,500 sqft 0.90 AC lot
    View details
    3928 Portage Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    3928 Portage Rd, South Bend, IN 46628

    $215,000
    Estimated value
    1,752 sqft 1.31 AC lot
    View details
    2717 Michigan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2717 Michigan St, South Bend, IN 46614-1029

    $260,000
    Estimated value
    1,110 sqft 0.76 AC lot
    View details
    4336 Michigan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    4336 Michigan St, South Bend, IN 46614-2550

    $1,225,000
    Estimated value
    2,161 sqft 0.96 AC lot
    View details
    52238 Indiana State Rte 933
    DRIVE-THRU RESTAURANT, FAST FOOD

    52238 Indiana State Rte 933, South Bend, IN 46637-3848

    $265,000
    Estimated value
    768 sqft 0.77 AC lot
    View details
    52770 Indiana State Rte 933
    DRIVE-THRU RESTAURANT, FAST FOOD

    52770 Indiana State Rte 933, South Bend, IN 46637-3245

    $270,000
    Estimated value
    3,363 sqft 1.26 AC lot
    View details
    5307 Western Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    5307 Western Ave, South Bend, IN 46619-2317

    $270,000
    Estimated value
    756 sqft 1.34 AC lot
    View details
    220 Dixie Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    220 Dixie Way, South Bend, IN 46637

    $300,000
    Estimated value
    2,604 sqft 0.82 AC lot
    View details
    221 Lasalle Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    221 Lasalle Ave, South Bend, IN 46601-1204

    $245,000
    Estimated value
    2,090 sqft 0.18 AC lot
    View details
    3401 Lincoln W Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    3401 Lincoln W Way, South Bend, IN 46628-1454

    $1,335,000
    Estimated value
    2,411 sqft 0.78 AC lot
    View details
    50741 Indiana State Rte 933
    DRIVE-THRU RESTAURANT, FAST FOOD

    50741 Indiana State Rte 933, South Bend, IN 46637-2050

    $255,000
    Estimated value
    2,410 sqft 0.19 AC lot
    View details
    2021 Michigan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2021 Michigan St, South Bend, IN 46613-2326

    $265,000
    Estimated value
    766 sqft 0.36 AC lot
    View details
    323 Eddy St
    DRIVE-THRU RESTAURANT, FAST FOOD

    323 Eddy St, South Bend, IN 46617-2339

    $260,000
    Estimated value
    2,620 sqft 0.39 AC lot
    View details
    3703 Portage Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    3703 Portage Rd, South Bend, IN 46628-6098

    $515,000
    Estimated value
    5,012 sqft 1.69 AC lot
    View details

    South Bend, IN Drive Through Restaurants Market Trends and Statistics

    Explore 69 drive through restaurants for sale in South Bend, IN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 6
    Commercial kitchens 3
    Drive through restaurants 3
    Bars & Pubs 1
    Coffee shops 1

    Demographics Overview

    Population 149K
    Population Growth (5Y) +1.7%
    Median Household Income $59,952
    College Educated 31.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.53%
    Property Tax per SF $39.44 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in South Bend fall within the 100,000+ square foot range.

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