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Converted Multi-Office Building
For Sale
$530,000

527 W Colfax Ave, South Bend, IN 46617

Converted single-family residence offering two levels of multi-office space, conference rooms, and multiple restrooms including ADA.

Property Size4,300 SF
Price / SF$123.26
Days on Market129

Property Features for 527 W Colfax Ave

General Information

Standard status Active
Size 4,300 SF

Taxes and HOA fees

Annual Taxes $9,800

Building Details

Stories 2
Listing Agency: Cressy & Everett - South Bend
Listed By: Irma Buczynski
Source: Exprealty
Added: Apr 29 Changed: Aug 25 Last Checked: Sep 2 at 1:54AM

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 Cressy & Everett - South Bend

Investment Insights

Based on property information with market context.

This converted single-family residence has been adapted into a spacious multi-office building designed for flexible everyday use. The main level spans approximately 2,500 square feet and includes a flexible layout with a partial kitchen, a large common area, a conference room with woodwork and a wood-burning fireplace, and two restrooms, including one ADA-compliant restroom. The second level adds approximately 1,800 square feet with multiple private offices, a generous conference or common area, and two restrooms.

Both levels include abundant storage and neutral finishes intended to support a professional, move-in-ready environment. A spacious basement that appears dry offers additional storage and may support future expansion.

The property is currently presented for sale as a purpose-configured office building with conference and common areas on multiple levels, providing room for a variety of office layouts.

Key Highlights

  • Converted single‑family residence now offers multi‑office space across two levels plus a spacious basement
  • Main level includes approx. 2,500 SF with flexible layout, large common area, conference room with woodwork and wood‑burning fireplace, and 2 restrooms (one ADA‑compliant)
  • Second level adds approx. 1,800 SF with multiple private offices, a generous conference/common area, and 2 restrooms

Property Analytics

Current Use

Sway Coffee Cafe & Coffee Shop

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,603
Businesses Nearby

Demographics for 46617, IN

9,813
Population
5,502
Households
1.8
Avg Household Size
35
Median Age
60%
College-Educated
96%
High-School Grad
2.6 sq mi
ZIP Area
3,774
Density / Sq Mi
$73,700
Median Household Income
$37,331
Median Earnings
$1,422
Median Rent
$231,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Converted single-family residence offering two levels of multi-office space, conference rooms, and multiple restrooms including ADA.
Where is this office building located?
The property is located at 527 W Colfax Ave South Bend, IN.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Converted single‑family residence now offers multi‑office space across two levels plus a spacious basement; Main level includes approx. 2,500 SF with flexible layout, large common area, conference room with woodwork and wood‑burning fireplace, and 2 restrooms (one ADA‑compliant); Second level adds approx. 1,800 SF with multiple private offices, a generous conference/common area, and 2 restrooms
More about this property
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