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    1405 Portage Ave South Bend, IN 46616

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    For Sale
    Contact for pricing

    8,000 SF Corner Lot, High Traffic

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,000 square foot retail space presents a prime opportunity in a high-traffic location. Situated on a highly visible corner lot northwest of downtown South Bend, Indiana, this property boasts zero setbacks, maximizing street frontage and visibility. The area is densely populated, ensuring a consistent flow of potential customers. This location is ideal for a variety of businesses, including restaurants, grocery stores, and coffee shops. It's also well-suited for professional office uses such as nail salons, dental practices, physical therapy clinics, insurance agencies, or real estate offices. The property is located at 1405 Portage Ave, South Bend, IN 46616. Please note that there are restrictions in place prohibiting gas stations and liquor stores, with partial restrictions on convenience stores. This property offers significant potential for a business seeking high visibility and a strong customer base in a thriving area. The property's strategic location and versatile zoning make it an attractive investment opportunity. Contact us today to learn more about this exceptional retail space.

    Property Features for 1405 Portage Ave

    General Information

    Property type
    Retail properties
    Square Feet
    8,000 SF

    HighLights

    • High‑visibility corner lot northwest of downtown South Bend.
    • Zero setbacks.
    • Densely populated area with high foot traffic.
    • Suitable for restaurant, grocery store, coffee shop, or professional office uses (e.g., nail salon, dentist, physical therapy, insurance agency, or real estate office).
    • Gas station and liquor store uses restricted; partial convenience store restrictions apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.2697154
    Latitude
    41.6941936

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    FAQs

    What type of property is this?
    Retail property - 8,000 SF Corner Lot, High Traffic
    Where is this retail property located?
    The property is located at 1405 Portage Ave South Bend, IN.
    What are key features of this property?
    This property features: High-visibility corner lot northwest of downtown South Bend.; Zero setbacks.; Densely populated area with high foot traffic.
    Request Owner's contact information
    1405 Portage Ave 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
    1405 Portage Ave South Bend, IN 46616
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