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    321 Main St South Bend, IN 46601

    Sponsored
    For Lease
    $17 SF/Yr

    Historic Downtown Retail, High Visibility

    Lot size:
    25,596 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Hibberd Building, situated at 321 S Main St in South Bend, Indiana, presents a unique retail leasing opportunity. This single-tenant space, totaling 25,596 square feet, is ideally located within the Central Business District (CBD) of St. Joseph County, zip code 46601. The building's zoning designation as CBD ensures a vibrant and bustling environment, benefiting from high foot traffic and excellent visibility. While the current listing highlights a 674 sq ft space, the total building size offers significant potential for expansion or customization depending on tenant needs. Its prime location offers easy access to a variety of amenities, including nearby restaurants, shops, and residential areas, creating a strong customer base and convenient environment for employees. The building's historic character adds to its unique appeal, offering a blend of charm and modern functionality. This property is perfect for businesses seeking a prominent presence in the heart of South Bend's thriving downtown area. The property is zoned for retail use and offers a single-tenant occupancy. Further details regarding lease terms and available space are available upon request. This is an exceptional opportunity to establish a business in a highly desirable and visible location.

    Property Features for 321 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,596 SF
    Total Rate
    37327.5

    Unit(s) available at that property

    Space
    Size
    674 SF
    Rate per SF
    $17

    HighLights

    • 674 SF former bakery space for lease.
    • Recently renovated retail space with new HVAC, bathroom, and equipment.
    • Tenant improvement allowance and kitchen equipment available.
    • Lower‑level storage space available.
    • Rooftop deck with Four Winds Field views available for events.
    • Strong tenant mix including Aveda, Shive‑Hattery, Bend Yoga, and South Bend Brew Works.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bend Yoga Yoga Studio The Hibberd Apartment Building ragamuffin bakery + coffee Bakery South Bend Brew ... Brewpub Shive-Hattery, Inc. Architecture ... Architect

    Suggested Use

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

    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
    -86.252656498662
    Latitude
    41.672740736246

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    FAQs

    What type of property is this?
    Retail property - Historic Downtown Retail, High Visibility
    Where is this retail property located?
    The property is located at 321 Main St South Bend, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 674 SF former bakery space for lease.; Recently renovated retail space with new HVAC, bathroom, and equipment.; Tenant improvement allowance and kitchen equipment available.
    Request Owner's contact information
    321 Main St South Bend, IN 46601
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    South Bend, IN 46601
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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
    321 Main St South Bend, IN 46601
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