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    205 Jefferson Blvd South Bend, IN 46601

    For Lease
    $15 SF/Yr

    Prime Office Space, 17,987 SF Available

    Lot size:
    17,987 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The First Bank Building, a historic 1915 structure located at 205 W. Jefferson Blvd in South Bend, Indiana, offers 17,987 square feet of immediately available office space. This multi-tenant building provides flexible options, with spaces ranging from a minimum of 394 square feet to a maximum contiguous space of 11,528 square feet. Its prime downtown location offers exceptional accessibility, situated adjacent to the St. Joseph County Courthouse, County-City Building, and Federal Building. The building benefits from convenient access to major roadways, including US-31 and I-90, as well as the US-31 and US-20 Business Loops. Public transportation is readily available, with a bus stop directly in front of the east entrance. For those requiring air travel, the South Bend International Airport is just nine minutes away, providing daily flights to major hubs including Chicago O'Hare, Detroit, Minneapolis, Atlanta, Dallas, and Charlotte. The property features a surface parking lot. This is an exceptional opportunity to secure high-quality office space in a vibrant and strategically important location within St. Joseph County's South Bend submarket. The building's address is 205 W. Jefferson Blvd, South Bend, IN 46601.

    Property Features for 205 Jefferson Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,987 SF
    Total Rate
    22483.75

    Building Details

    Year Built
    1915

    Unit(s) available at that property

    Space
    Mezzanine
    Size
    3,746 SF
    Rate per SF
    $15
    Space
    Suite 413
    Size
    796 SF
    Rate per SF
    $15
    Space
    Suite 504
    Size
    394 SF
    Rate per SF
    $15
    Space
    Suite 505
    Size
    828 SF
    Rate per SF
    $15
    Space
    Suite 507
    Size
    695 SF
    Rate per SF
    $15
    Space
    Suite 203
    Size
    2,553 SF
    Rate per SF
    $15
    Space
    Suite 200, 203, 205, 206, 212
    Size
    11,528 SF
    Rate per SF
    $15
    Space
    Suite 200
    Size
    2,829 SF
    Rate per SF
    $15
    Space
    Suite 206
    Size
    1,816 SF
    Rate per SF
    $15
    Space
    Suite 212
    Size
    3,027 SF
    Rate per SF
    $15
    Space
    Suite 205
    Size
    1,303 SF
    Rate per SF
    $15

    HighLights

    • New ownership and management team.
    • Flexible suite sizes available.
    • Convenient surface parking lot directly across the street.
    • Enjoy stunning views of Downtown South Bend.
    • Excellent walkability to restaurants, shops, entertainment, and hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mirkin Law Offices, ... Legal Services Sam Mirkin Attorney Nickle & Piasecki Attorney Scott Smith - Private ... Financial Planner Avero Talent Recruiter

    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
    -86.2524442
    Latitude
    41.6752322

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      Downtown South Bend Office Space

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 17,987 SF Available
    Where is this office property / space located?
    The property is located at 205 Jefferson Blvd South Bend, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: New ownership and management team.; Flexible suite sizes available.; Convenient surface parking lot directly across the street.
    Request Owner's contact information
    205 Jefferson Blvd 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
    205 Jefferson Blvd South Bend, IN 46601
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