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    912 Erskine Plz South Bend, IN 46614

    Sponsored
    For Lease
    $16 SF/Yr ($2,266 /Mo)

    South Bend retail space, 1700 sq ft.

    Lot size:
    1,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,700-square-foot retail space in South Bend, Indiana, is located at 912 Erskine Plaza, a high-traffic area at the corner of E Ireland Rd. and Miami St. Benefit from daily traffic counts of 15,000 and 11,500 vehicles respectively, according to INDOT. The property is situated in a vibrant plaza with established businesses including Martin's Supermarket, a Chinese restaurant, Boost Mobile, and a nail salon. This single-tenant space offers ample opportunity for customization

    Property Features for 912 Erskine Plz

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,700 SF
    Total Rate
    2266.67

    Unit(s) available at that property

    Space
    Size
    1,700 SF
    Rate per SF
    $16

    HighLights

    • High‑traffic retail center in a prime location.
    • Strong tenant mix with established businesses.
    • Significant upside potential for rental income growth.
    • Excellent visibility and accessibility from major roadways.
    • Ample parking available for customers and employees.
    Property Profile Location Intelligence

    Current Use by Public Records

    High life smoke ... Smoke Shop Cost Cutters Hair Salon

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    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
    -86.238267831932
    Latitude
    41.627171499902

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    FAQs

    What type of property is this?
    Restaurant - South Bend retail space, 1700 sq ft.
    Where is this restaurant located?
    The property is located at 912 Erskine Plz South Bend, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail center in a prime location.; Strong tenant mix with established businesses.; Significant upside potential for rental income growth.
    Request Owner's contact information
    912 Erskine Plz South Bend, IN 46614
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    Realmo Value Estimation

    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.

    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.

    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
    912 Erskine Plz South Bend, IN 46614
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