Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    701 Niles Ave, Unit 3rd South Bend, IN 46617

    Sponsored
    For Lease
    Contact for pricing

    Discover many ways to work your way in Doylestown

    Description

    Added:
    Feb 19, 2026
    Days on Market:
    2
    Position your business for success at Niles Avenue – a newly reimagined office space just north of downtown South Bend. Set along the picturesque St. Joseph River, this historic building has been transformed into three floors of modern office space perfect for businesses of all sizes. South Bend’s diverse economy fueled by education, healthcare, and innovation makes Niles Avenue the ideal location for businesses looking to expand and grow their network with like-minded professionals. With South Bend International Airport just 4.6 miles from the office, commuting and connectivity are made simple, allowing you to stay connected with clients, investors, and employees from around the world.

    Make big moves at Niles Avenue as you step into a workspace designed for productivity and collaboration. Work your way with options of private offices, shared workspaces, and modern meeting rooms, all supported by business-grade WiFi and a dedicated team of professionals. Book workspace in advance using the mobile app, allowing you to plan ahead. Our onsite team is also available to handle optional catering options if needed for lunchtime meetings. Stay active throughout the workday with access to a full-court gym perfect for a quick boost during breaks or after a busy day.

    Property Features for 701 Niles Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease

    Amenities

    24 Hour Access
    Air Conditioning
    Breakroom
    Business Center
    Close to Public Transportation
    Conference Rooms
    Controlled Access
    Elevator
    Fiber Optic Internet
    Furnished Units Available
    Internet
    Lounge
    Meeting Event Space
    On-Site Security Staff
    Online Services
    Package Service
    Reception
    Recycling
    Storage Space
    Wheelchair Accessible
    Wi-Fi

    Spaces For Lease

    at 701 Niles Ave,Unit 3rd, South Bend, IN 46617 Contact us
    Private office for 1 person
    Size
    86-538 SF
    Focus on driving your business forward with a professional office just for you and...
    show more
    Contact us
    Private office for 2 people
    Size
    108-538 SF
    Get started right away with a ready-to-use office space for two. HQ’ small offices...
    show more
    Contact us
    Private office for 3 people
    Size
    162-646 SF
    Productive workspace for three that comes with everything taken care of. HQ’ medium...
    show more
    Contact us
    Private office for 4 people
    Size
    215-646 SF
    Book a fully serviced office for four, and HQ will make sure everything always works...
    show more
    Contact us
    Private office for 5 people
    Size
    323-807 SF
    Access a bright and inspiring office space designed to help teams of five to do their...
    show more
    Contact us
    Flexible coworking membership
    Size
    54-108 SF
    Work wherever and however you need to with a HQ Coworking membership. Regus offers...
    show more
    Contact us
    Flexible office membership
    Size
    86-108 SF
    Work wherever and however you need to with a HQ Office membership. HQ offers the...
    show more
    Contact us
    Open plan office space for + 10 people
    Size
    484-1184 SF
    Find a flexible choice for business with an open-plan office space that supports...
    show more
    Contact us
    Open plan office space for + 15 people
    Size
    1076-1292 SF
    Open plan office space for 15 persons available on flexible terms, so you can add...
    show more
    Contact us
    Virtual Office
    Size
    11-54 SF
    Build your business presence fast, with an instant professional company address and...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Regus USA
    Regus USA

    Learn more

    Property Insight Report

    HighLights

    • Be part of a vibrant coworking community with dedicated desk or hot desking options in thousands of idyllic locations across the globe
    • Grow in a modern workplace with the added advantage of a benefits program offering exclusive discounts and bespoke procurement support
    • Access HQ' network of workspaces and business lounges as often as you need and take advantage of their exclusive benefits
    • Impress clients, hold memorable workshops, and deliver a winning pitch in HQ' meeting spaces, fully equipped for gatherings of any size
    • Collaborate with like‑minded professionals and enjoy regular networking and community events with a HQ membership
    • Claim a virtual address in any of the prestigious locations around the world with mail handling services and a virtual assistant to answer calls
    Location Intelligence

    Current Use by Public Records

    Kate’s Kitchen Authentic ... Restaurant Mummy Lue African ... Restaurant Dunham Detox Solution Gym & Fitness Center Riverbend Building Apartment Building Riverwalk cafe Restaurant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    State
    Indiana
    Longitude
    -82.468722
    Latitude
    35.331057

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      South Bend Business center

      Meet, work or collaborate in our professional Columbia Center business center
      1251 Eddy St, South Bend, IN 46617
      View Details
    • $21 SF/Yr

      Retail Space in High-Traffic Center

      Prime retail space in a thriving South Bend trade area.
      315 W Ireland Rd, South Bend, IN 46614
      View Details
    • $18 SF/Yr

      Professional Office Building Near Downtown

      Multi-tenant office building with scenic views and convenient location.
      300 S St. Louis Blvd, South Bend, IN 46617
      View Details
    • $11 SF/Yr

      High-Traffic Retail and Office Building

      Two-story building with retail and office spaces for lease.
      247 N Dixie Way Dr, South Bend, IN 46637
      View Details
    • Contact for pricing

      South Bend Distribution Center Sublease

      198,000 SF distribution center with temperature control and ample amenities.
      5855 Carbonmill Dr, South Bend, IN 46628
      View Details
    • $17 SF/Yr

      Class-A Office Space in South Bend

      Professional office space in South Bend's Central Business District.
      202 S Michigan St, South Bend, IN 46601
      View Details
    • $27 SF/Yr

      Prime Retail Space in South Bend

      Restaurant/retail space in a mixed-use development with high visibility.
      1144 Corby Blvd, South Bend, IN 46617
      View Details
    • $10 SF/Yr

      Downtown Retail and Office Space

      Premier Class A space in the heart of downtown South Bend.
      106-110 N Main St, South Bend, IN 46601
      View Details
    • $2,600 /Mo

      Retail/Office Space on Ireland Road

      Retail/office space in a high-traffic South Bend location.
      505 E Ireland Rd, South Bend, IN 46614
      View Details
    • $21 SF/Yr

      Class A Office Space Available

      Premier Class A office space in downtown South Bend.
      130 S Main St, South Bend, IN 46601
      View Details
    • $15 SF/Yr

      Downtown South Bend Office Space

      Office space for lease in downtown South Bend near amenities.
      100 W South St, South Bend, IN 46601
      View Details
    • $15 SF/Yr
      85,558 SF

      Downtown South Bend Office Space

      Class A Office, 85,558 sqft, Multiple Tenants
      205 Jefferson Blvd, South Bend, IN 46601
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Discover many ways to work your way in Doylestown
    Where is this office property / space located?
    The property is located at 701 Niles Ave, Unit 3rd South Bend, IN.
    What are key features of this property?
    This property features: 24 Hour Access Air Conditioning Breakroom Business Center Close to Public Transportation Conference Rooms Controlled Access Elevator Fiber Optic Internet Furnished Units Available Internet Lounge Meeting Event Space On-Site Security Staff Online Services Package Service Reception Recycling Storage Space Wheelchair Accessible Wi-Fi
    (972) 764-8885
    Request Owner's contact information
    701 Niles Ave, Unit 3rd South Bend, IN 46617
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 Niles Ave, Unit 3rd
    South Bend, IN 46617
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Niles Ave, Unit 3rd South Bend, IN 46617
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Regus USA
    Regus USA
    (972) 764-8885
    Learn more
    Google sign-in failed. Please try again or use another login method.