Prime Redevelopment Opportunity Near Notre
2016 Edison Rd, South Bend, IN 46617
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High-density redevelopment opportunity near Notre Dame with strong traffic counts.
Type:Land
Property size:
3,840 SFLot size:
0.67 AcresPrice / SF:
$252/SF- Added:
- Aug 17, 2023
- Days on Market:
- 1019
- Last Refresh:
- May 12 at 9:46 pm
Property Features for 2016 Edison Rd
General Information
- Standard status
- Active
- Size
- 3,840 SF
- Lot size
- 0.67 Acres
- Property subtype
- Land
Listing agent John Piraccini License #RB14045659
Listing office Coldwell Banker Commercial Roth Wehrly Graber South Bend (574) 277-8000
Listing date Aug 17, 2023
Source Crexi
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 Coldwell Banker Commercial Roth Wehrly Graber South Bend
HighLights
- Prime location approximately 1/2 mile from the University of Notre Dame campus, ideal for high‑density redevelopment.
- City of South Bend is favorable to high‑density redevelopment.
- High traffic frontage (nearly 200 FT) on Edison Rd (16,800 cars daily).
- Includes two parcels totaling 0.67 acres, providing ample space for redevelopment.
- Existing 3,840 SF restaurant building currently generates $4,300/month in rental income.
- Zoned NC: Neighborhood Center, permitting diverse uses such as multi‑family, restaurants, hotels, offices, and retail.
Overview
This property presents a redevelopment opportunity approximately 0.5 miles from the University of Notre Dame campus. The site includes a 3,840 square foot restaurant building situated on a 0.45-acre parcel, along with an adjacent 0.22-acre vacant parcel, totaling 0.67 acres. The combined lots measure 198 feet by 148 feet and feature approximately 200 feet of frontage on Edison Road, which sees 16,800 vehicles daily. The existing restaurant building is currently leased to Mandarin House for $4,300 per month on a modified gross lease. The property is centrally located between the intersections of SR 23 and Edison Road (42,900 vehicles daily) and N Ironwood Drive and Edison Road (nearly 28,200 vehicles daily). In addition to its proximity to Notre Dame, the property is located less than 3 miles from both downtown South Bend and the Main Street/Grape Road shopping district in Mishawaka. It is also 3 miles from the Indiana Toll Road Interchange at SR 933 and 6 miles from the South Bend International Airport. Zoned NC: Neighborhood Center, the property allows for a range of uses, including multi-family housing, restaurants, hotels, professional offices, and general retail. The annual taxes are $4,765, payable in 2025.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.21847
- Latitude
- 41.694336
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FAQs
What type of property is this?
Commercial land - High-density redevelopment opportunity near Notre Dame with strong traffic counts.
Where is this commercial land located?
The property is located at 2016 Edison Rd South Bend, IN.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Prime location approximately 1/2 mile from the University of Notre Dame campus, ideal for high‑density redevelopment.; City of South Bend is favorable to high‑density redevelopment.; **High traffic frontage (nearly 200 FT) on Edison Rd (16,800 cars daily).**
