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Retail Suite in New Strip Center
For Lease
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521 North William Street, South Bend, IN 46616

New retail suite with large glass windows, parking-lot and street entrances, restrooms, kitchenette, and HVAC.

Space Size2,300 SF
Property Size6,604 SF
Days on Market66

Property Features for 521 North William Street

General Information

Standard status Active
Size 2,300 SF
Class A
Property subtype Retail

Site & Location

Traffic Count 15,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Building Size 6,604 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at 521 North William Street Contact us

Space 1

Size
2,300 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Roth Wehrly Graber South Bend
Listed By: John Piraccini · License #RB14045659
Source: Crexi
Added: Jul 1 Changed: Aug 21 Last Checked: Sep 1 at 10:52PM

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

Investment Insights

Based on property information with market context.

This retail suite is located in a brand-new strip center and offers a bright, functional interior with three walls featuring large glass windows. The space includes a large open area that is partially partitioned into rooms or work areas, along with two restrooms, a kitchenette, and a storage area. Entrances are available from both the parking lot and N William St. Utilities are installed in the unit, including water, sewer, electric, gas, and HVAC.

The center provides visibility along N William St, W Navarre St, and W Marion St, with INDOT traffic counts indicating approximately 15,000 cars per day total surrounding the property. The suite is positioned about one block west of Beacon/Memorial Hospital and near Downtown South Bend.

Rental responsibilities noted for the unit include gas, electric, and proration of taxes and building insurance. Water, sewer, and trash dumpster are included in the rent, and the property has 1.5 years remaining on a tax abatement, with tenant tax proration not required until January 2028.

Key Highlights

  • New 2,300 SF retail suite in a brand‑new strip center built in 2024
  • Suite has entrances from both the parking lot and N William St
  • 3 walls feature large glass windows for natural light

Property Analytics

Current Use

Burton's Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Locksmith Barber Shop Furniture & Home Goods Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,423
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 21%
McDonald's Dining
24,546 visits/mo 0.3 miles
Burger King Dining
13,202 visits/mo 0.3 miles
Taco Bell Dining
9,932 visits/mo 0.3 miles
Family Dollar Shops & Services
5,322 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
3,955 visits/mo 0.3 miles

Demographics for 46616, IN

6,167
Population
2,824
Households
2.2
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
4,405
Density / Sq Mi
$56,293
Median Household Income
$35,232
Median Earnings
$1,019
Median Rent
$136,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - New retail suite with large glass windows, parking-lot and street entrances, restrooms, kitchenette, and HVAC.
Where is this strip mall located?
The property is located at 521 North William Street South Bend, IN.
What are key features of this property?
This property features: New 2,300 SF retail suite in a brand‑new strip center built in 2024; Suite has entrances from both the parking lot and N William St; 3 walls feature large glass windows for natural light
(574) 277-8000 Call to check price and availability
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