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    1212 S Ironwood Dr South Bend, IN 46615

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    For Sale
    $725,000

    Established restaurant with scenic riverside patio and recent upgrades.

    Property size:
    3,364 SF
    Lot size:
    0.38 Acres

    Property Features for 1212 S Ironwood Dr

    General Information

    Size
    3,364 SF
    Lot size
    0.38 Acres

    Source: Bradley Company | South Bend Agent John Jessen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Bend Restaurant with River Views

    This established restaurant location in South Bend has served the community for years and is known for its picturesque views of the St. Joseph River. The property features a spacious outdoor patio on the St. Joseph River, complete with a riverside bar. Over $135,000 has been invested in recent renovations, including modern kitchen equipment, furniture and paint, enhanced fire suppression and electrical systems, and a new plumbed outdoor bar. The 3,364-square-foot property is well-equipped and updated, making it a turnkey solution for immediate business operation. An adjacent rental house is available for purchase, offering potential for additional income or property expansion. The seller is open to various arrangements including lease, rent-to-own, or seller financing, providing flexibility for different operator strategies.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Bucket Family Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.214795
    Latitude
    41.662076

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant with scenic riverside patio and recent upgrades.
    Where is this restaurant located?
    The property is located at 1212 S Ironwood Dr South Bend, IN.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Scenic riverside patio and bar: Features a spacious outdoor patio on the St. Joseph River, complete with a riverside bar.; - Extensive recent upgrades: Over $135k invested in recent renovations including modern kitchen equipment, furniture and paint, enhanced fire suppression and electrical systems, and a new plumbed outdoor bar.; - Established community favorite: A beloved restaurant location in South Bend, serving the community for years and known for its picturesque views of the St. Joseph River.
    (574) 210-8773
    Request Owner's contact information
    1212 S Ironwood Dr South Bend, IN 46615
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    South Bend, IN 46615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1212 S Ironwood Dr South Bend, IN 46615
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