Property summary
This exceptional 15,096-square-foot creative office building in South Bend, Indiana, presents a unique investment opportunity. Built in 2004, the property boasts high-end finishes including carpeted and ceramic tile floors throughout the professional office and showroom areas. A substantial 5,000-square-foot warehouse component features an 18-foot ceiling height, one overhead door, and gas forced-air heat. The building is heated and cooled by gas forced-air systems and sits on a well-maintained 1.63-acre lot with landscaping. Its I-Industrial zoning allows for diverse uses, including office, commercial, research and development, and warehousing. The property offers approximately 35 on-site parking spaces and prominent building signage. Conveniently located near major roadways (US-20/31 Bypass and I-80/90 Toll Road), Blackthorn Office Park, Blackthorn Golf Course, and South Bend Regional Airport, this property benefits from excellent infrastructure connectivity and access to MetroNet's fiber optic network. The asking price is $1,075,000. Additional tenant responsibilities include real estate taxes, insurance, janitorial services, trash removal, snow and lawn maintenance, and utilities.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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