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    1107 Lincoln Way South Bend, IN 46616

    Sponsored
    For Sale
    $400,000

    Prime South Bend commercial land, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.99-acre commercial land parcel presents a remarkable redevelopment opportunity in South Bend, Indiana. Strategically located on Lincolnway West, between the city's downtown area and the South Bend Airport, this property boasts exceptional visibility and high traffic counts exceeding 18,000 vehicles daily. The site includes two existing buildings, offering flexibility for various uses. The first building, situated at 1107 Lincolnway West, is a 788 square foot restaurant featuring two drive-thru windows and two walk-up service windows, making it ideal for a fast-casual or carry-out establishment. All restaurant equipment is included in the sale. The second building, located at 1119 Lincolnway West, comprises 1,420 square feet and is configured as a service center with two overhead doors and an attached office, suitable for a variety of service-oriented or sales businesses. This property's prime location and existing infrastructure make it perfect for a range of commercial ventures, including discount retail, drive-thru restaurants, or other businesses seeking high visibility and convenient access. The asking price for this exceptional redevelopment opportunity is $400,000. Don't miss this chance to acquire a highly desirable commercial property in a thriving South Bend location. The property is located in St. Joseph County, Indiana, with a zip code of 46616.

    Property Features for 1107 Lincoln Way

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • Redevelopment opportunity on Lincolnway West, South Bend.
    • Nearly 1‑acre lot ideal for discount retail or drive‑thru restaurants.
    • Two buildings available for sale, situated between downtown South Bend and the airport, with Lincolnway West frontage.
    • 788 SF restaurant (1107 Lincolnway West) with two drive‑thru and two walk‑up windows; equipment included.
    • 1,420 SF service center (1119 Lincolnway West) featuring two overhead doors and an office.
    • Daily traffic count exceeds 18,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lincoln way Chicken ... Restaurant Cerado Bakery

    Suggested Use

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

    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
    -86.266813
    Latitude
    41.6837217

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    FAQs

    What type of property is this?
    Land - Prime South Bend commercial land, high traffic.
    Where is this land located?
    The property is located at 1107 Lincoln Way South Bend, IN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Redevelopment opportunity on Lincolnway West, South Bend.; Nearly 1-acre lot ideal for discount retail or drive-thru restaurants.; Two buildings available for sale, situated between downtown South Bend and the airport, with Lincolnway West frontage.
    (574) 970-9006
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    1107 Lincoln Way South Bend, IN 46616
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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
    1107 Lincoln Way South Bend, IN 46616
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