Auto Service Building with
1575 N Bendix Drive South Bend, IN 46628
1575 N Bendix Drive, South Bend, IN, 46628
Contact for pricing
For Sale
Contact for pricing
Former auto service building for sale or lease with three grade-level overhead doors, office/showroom space, and 30 parking spaces.
Property Size13,200 SF
Price / SF$82.58
Days on Market104
Property Features for 1575 N Bendix Drive
General Information
- Standard status
- Active
- Size
- 13,200 SF
- Property subtype
- Retail
Listing agency
NAI Cressy - Mishawaka
(574) 215-0336
Listed by
Ryan Gableman · License #IN RB14049453
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 2:32AM Checked: Jul 23 at 2:32AM
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.
Former auto service building with approximately 13,200 SF total and 1,690 SF of office/showroom space. The service area features liner panel walls, clear span construction with no columns, and three 14' grade-level overhead doors. Ceiling heights range from 16' to 18' clear, supporting practical shop operations.
The property includes 30 on-site parking spaces and an existing monument sign along the street. It is located on Bendix Drive in South Bend, Indiana, providing visibility to over 10,700 vehicles per day (AADT) along a high-traffic corridor. The site is within 3 miles of the US-20 Bypass, the I-80/90 Toll Road, and downtown South Bend.
Zoned C-Commercial, the building is well-suited for automotive and service users, with potential for light industrial uses subject to use approval. Personal property is not included in the sale or lease and is negotiable separately.
The property includes 30 on-site parking spaces and an existing monument sign along the street. It is located on Bendix Drive in South Bend, Indiana, providing visibility to over 10,700 vehicles per day (AADT) along a high-traffic corridor. The site is within 3 miles of the US-20 Bypass, the I-80/90 Toll Road, and downtown South Bend.
Zoned C-Commercial, the building is well-suited for automotive and service users, with potential for light industrial uses subject to use approval. Personal property is not included in the sale or lease and is negotiable separately.
Key Highlights
- 13,200 SF former auto service building for sale or lease, including 1,690 SF office/showroom space
- Service area features three 14' grade‑level overhead doors and 16'-18' clear ceiling heights
- Clear span construction with no columns in the building interior; liner panel walls in the service area
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.6k | $10.20 |
| − Vacancy | −$6.5k | −$0.49 |
| EGI | $128.2k | $9.71 |
| − OpEx | −$38.5k | −$2.91 |
| NOI | $89.7k | $6.80 |
13,200 SF · lease $10.20/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,730 @ 7.0% cap · market cap 11.90%
Second Best
Industrial
$1.28M
$1.12M – $1.50M
NOI $89,724 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$3.34M
$2.92M – $3.90M
NOI $233,760 @ 7.0% cap · market cap 21.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TMT Automotive South ...
Auto Repair Shop
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Similar Off Market Nearby
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- Diesel DPF Cleaners — 1657 Commerce Dr #1b, South Bend, IN 46628
FAQs
What type of property is this?
Auto shop - Former auto service building for sale or lease with three grade-level overhead doors, office/showroom space, and 30 parking spaces.
Where is this auto shop located?
The property is located at 1575 N Bendix Drive South Bend, IN.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 13,200 SF former auto service building for sale or lease, including 1,690 SF office/showroom space; Service area features three 14' grade‑level overhead doors and 16'-18' clear ceiling heights; Clear span construction with no columns in the building interior; liner panel walls in the service area
