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    Western Avenue Commercial Building Title is generated by Realmo AI

    4122 W Western Avenue, South Bend, IN 46619

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    Claim this Listing
    Pending
    $125,000

    COMMERCIAL - South Bend, IN

    Property size:
    744 SF
    Lot size:
    0.14 Acres
    Added:
    Nov 17, 2025
    Days on Market:
    215
    Last Refresh:
    Jun 20 at 9:06 pm

    Property Features for 4122 W Western Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    6
    Security features
    Security System
    Exterior features
    Lighting, Storage, Rain Gutters
    Standard status
    Pending
    APN
    710809327001000026
    Size
    744 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lot 546 & W 15.62' 545 Belleville 3rd
    Tax Annual Amount
    1045

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1954
    Additional Structures
    Storage

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    Listing Contact
    Jory Mattull
    Jory Mattull

    Listing agent Jory Mattull License #471020620

    Listing office McColly Real Estate 1964 N. Main Street, Schererville, IN

    Listing date Nov 17, 2025

    MLS# 830901

    Copyright © 2026 Greater Northwest Indiana 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.

    HighLights

    • High‑visibility location on bustling Western Avenue with high traffic counts.
    • Flexible, open 744 sq. ft. layout suitable for various business types.
    • Ample paved on‑site parking, a rare feature for this location.
    • Easy access to major roads and downtown South Bend.
    • Strong neighborhood presence.
    • Well‑maintained building with lighting, storage, and rain gutters.

    Overview

    This 744 sq. ft. commercial building is located on Western Avenue in South Bend. The property offers visibility and access for customers and clients. Its layout is suited for retail, office, salon, studio, or a small service business. The building is situated on a 0.1425-acre lot with on-site parking. The location provides access to major roads and downtown South Bend. This property is located in a high-traffic area with a neighborhood presence.

    Local Financial Insights For Retail

    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 $11.2k $15.00
    − Vacancy −$714 −$0.96
    EGI $10.4k $14.04
    − OpEx −$3.1k −$4.21
    NOI $7.3k $9.83
    744 SF · lease $15.00/SF/yr · vacancy 6.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $104.5K
    $91.4K – $121.9K (±1% cap)
    NOI $7,312 @ 7.0% cap · market cap 5.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $188.2K
    $164.7K – $219.6K (±1% cap)
    NOI $13,176 @ 7.0% cap · market cap 10.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    JOSE VARGAS INSURANCE ... Insurance Agency Famers Insurance Insurance Agency Vargas Ami Insurance Agency

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    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
    -86.305546
    Latitude
    41.671557

    FAQs

    What type of property is this?
    Retail space - 744 sq ft commercial building on Western Avenue, South Bend.
    Where is this retail space located?
    The property is located at 4122 W Western Avenue South Bend, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: High‑visibility location on bustling Western Avenue with high traffic counts.; Flexible, open 744 sq. ft. layout suitable for various business types.; Ample paved on‑site parking, a rare feature for this location.
    More about this property
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