Occupied Retail
For Sale
Contact for pricing
1517 S Michigan St, South Bend, IN 46613
Fully leased retail and warehouse property with updated exterior finishes and tenant-paid utilities.
Property SizeContact for details
Days on Market145
Property Features for 1517 S Michigan St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
22,800 vehicles/day
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
NAI Cressy - Mishawaka
Listed By:
Chris Barth · License #IN RB14043585
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cressy - Mishawaka
Investment Insights
Based on property information with market context.
This retail property includes an 8,000+ square foot building that is 100% occupied. The street-facing retail suite is leased to a national retailer with potential occupancy for 20 years, while the rear warehouse tenant has operated there for 10+ years. The landlord retains the right to replace the warehouse user. A billboard provides an additional income component, and recent work includes facade and window updates. Tenants pay their own utilities.
The property is positioned on the west side of S Michigan St, just south of the Downtown South Bend Central Business District. It sits within a Federal Opportunity Zone, among commercial and retail businesses as well as single-family residences. Daily traffic is reported at 22,800 cars.
The property is positioned on the west side of S Michigan St, just south of the Downtown South Bend Central Business District. It sits within a Federal Opportunity Zone, among commercial and retail businesses as well as single-family residences. Daily traffic is reported at 22,800 cars.
Key Highlights
- 8,000+ square foot building with 100% occupancy
- Street‑facing retail suite leased to a national retailer with potential occupancy for 20 years
- Rear warehouse tenant has been in place for 10+ years
Property Analytics
Current Use
Lease Details
22,800 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
Demographics for 46613, IN
11,427
Population
4,758
Households
2.4
Avg Household Size
30
Median Age
13%
College-Educated
82%
High-School Grad
3.2 sq mi
ZIP Area
3,571
Density / Sq Mi
$41,625
Median Household Income
$23,984
Median Earnings
$991
Median Rent
$71,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased retail and warehouse property with updated exterior finishes and tenant-paid utilities.
Where is this retail space located?
The property is located at 1517 S Michigan St South Bend, IN.
What are key features of this property?
This property features: 8,000+ square foot building with 100% occupancy; Street‑facing retail suite leased to a national retailer with potential occupancy for 20 years; Rear warehouse tenant has been in place for 10+ years
