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    4101 Main St South Bend, IN 46614

    For Sale
    $350,000

    1.45 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.45-acre commercial land parcel presents a remarkable investment opportunity in South Bend, Indiana. Strategically located at the southwest corner of South Main Street and Barbie Street, this property boasts high visibility and accessibility. The site comprises two parcels (APN: 71-08-25-101-009.000-002; 71-08-25-101-008.000-002), totaling 1.45 acres: 0.89 acres at 4115 S. Main Street and 0.56 acres at 4101 S. Main Street. Access is available from both Main Street and Barbie Street. The property's prime location places it within a thriving retail and restaurant corridor, directly across from Showplace 16 and adjacent to the Chippewa Post Office. This high-traffic area benefits from its proximity to major thoroughfares and is situated within the Erskine Trade Area, anchored by national retailers and restaurants including Lowe's, Chipotle, and Chick-fil-A. The location at the northwest quadrant of the US 31/US 20 intersection ensures exceptional exposure and accessibility. Zoned for Suburban Neighborhood 1, this property is ideal for a variety of commercial ventures. The asking price is $350,000. This is a rare opportunity to acquire a highly visible and well-located commercial property in a rapidly growing area.

    Property Features for 4101 Main St

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • $350,000 asking price for 1.45 acres of commercial land.
    • Located at 4101 & 4115 S. Main St, South Bend, IN 46614.
    • Zoned Suburban Neighborhood 1.
    • APN: 71‑08‑25‑101‑009.000‑002; 71‑08‑25‑101‑008.000‑002.
    • High‑traffic location near major retailers and restaurants, including Showplace 16 and the Chippewa Post Office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -86.252992115576
    Latitude
    41.633236327375

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    FAQs

    What type of property is this?
    Land - 1.45 Acres, Prime Location
    Where is this land located?
    The property is located at 4101 Main St South Bend, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price for 1.45 acres of commercial land.; Located at 4101 & 4115 S. Main St, South Bend, IN 46614.; Zoned Suburban Neighborhood 1.
    (317) 875-8888
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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
    4101 Main St South Bend, IN 46614
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