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Two-Story Commercial Flex Building
For Sale
$490,000

301 S Lafayette Street, South Bend, IN 46601

COMMERCIAL - South Bend, IN

Property Size19,800 SF
Lot Size0.23 Acres
Price / SF$24.75
Days on Market213

Property Features for 301 S Lafayette Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Lot features City
Directions Corner of Lafayette St and Wayne St.
Subdivision St. Joseph County
Standard status Active
APN 71-08-12-159-001.000-026
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description EX 6'S SIDE LOT 403 O P SO BEND (legal description to be confirmed by the title company)
Tax Annual Amount 8649
Legal Description EX 6'S SIDE LOT 403 O P SO BEND (legal description to be confirmed by the title company)

Building Details

Year built 1925
Flooring type Concrete
Listing Agency: Weichert Rltrs-J.Dunfee&Assoc.
Listed By: Steve Weldy · License #RB14049813
Added: Jan 29 Changed: Aug 4 Last Checked: Aug 30 at 9:06AM
MLS# 202602932

Copyright © 2026 Greater South Bend-Mishawaka Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story commercial flex building offers approximately 19,800 square feet of total space, with roughly 9,900 square feet on each level. The first floor includes a 1,740 square foot showroom/retail area, along with private offices and restrooms. Both levels feature durable concrete floors, and a ramp connects the main level to the upper level for access between floors. Two overhead doors provide additional functionality for deliveries or light industrial use.

The property is located on a corner in downtown South Bend and is described as being minutes from the heart of downtown and Four Winds Field, supporting visibility and accessibility for a range of uses. The listing notes the building is within an Opportunity Zone.

Measurements and square footage are approximate, and the property is available for lease or sale.

Key Highlights

  • 19,800 SF two‑story commercial building with 9,900 SF on each level
  • 1,740 SF first‑floor showroom/retail area plus private offices and restrooms
  • Two overhead doors for deliveries or light industrial use

Property Analytics

Current Use

Flex space

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46601, IN

5,947
Population
2,862
Households
2.1
Avg Household Size
35
Median Age
22%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
2,974
Density / Sq Mi
$27,080
Median Household Income
$26,835
Median Earnings
$784
Median Rent
$131,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Simply Catering To You 121 W Garst St, South Bend, IN 46601

Frequently Asked Questions

What type of property is this?
Flex space - Two-story commercial building with showroom/retail space, private offices, restrooms, and two overhead doors.
Where is this flex space located?
The property is located at 301 S Lafayette Street South Bend, IN.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 19,800 SF two‑story commercial building with 9,900 SF on each level; 1,740 SF first‑floor showroom/retail area plus private offices and restrooms; Two overhead doors for deliveries or light industrial use
More about this property
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