501 Lasalle Ave, South Bend, IN 46617-2725
This single-tenant retail property, located at 501 E Lasalle Ave, offers a 1,856 square foot gas station available for sublease. Built in 1994, the property sits on a 1.17-acre lot and features a single-story building zoned DT (Downtown). The APN is 71-08-12-201-001.000-026. The existing motor fuel equipment will remain in place, along with a branded fuel supply agreement, providing a turnkey opportunity for a new operator. This presents a unique chance to acquire an established business with existing infrastructure. The property's convenient location and established presence make it an attractive investment for those seeking a ready-to-operate gas station. The single-tenant occupancy simplifies management and provides a clear revenue stream. The substantial lot size offers potential for future expansion or development, subject to zoning regulations. This is an exceptional opportunity to acquire a well-positioned, established gas station business with significant upside potential. Serious inquiries only. All information is deemed reliable but not guaranteed.
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Mobil Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.