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    315 Jefferson Blvd South Bend, IN 46601

    For Lease
    $5 SF/Yr ($10,217 /Mo)

    South Bend Office Space: 4,958-9,916 SF

    Lot size:
    24,521 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story, 24,521 square foot Class B office building, constructed in 1933, presents a unique investment opportunity in South Bend, Indiana's central business district. The property, situated on a 0.69-acre lot, offers multiple tenancy options with two suites available, ranging from 4,958 to 9,916 contiguous square feet. A total of 9,916 square feet is currently vacant, providing immediate occupancy potential. The building features numerous private offices, expansive open areas, convenient restrooms, and a kitchenette, catering to diverse business needs. Its prime location offers easy access to the City County Building and Four Winds Field, enhancing its appeal. The property includes 47 on-site parking spaces and is equipped with elevators. Zoned MU-Mixed Use, this building benefits from its proximity to the courthouse, county and city offices, financial institutions, and a variety of restaurants. On-site parking is supplemented by additional parking to the east and west. The property's Assessed Property Number (APN) is 71-08-11-282-005.000-026

    Property Features for 315 Jefferson Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,521 SF
    Class
    B
    Total Rate
    10217.08

    Building Details

    Year Built
    1933
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor
    Size
    4,958 SF
    Rate per SF
    $5
    Space
    1st Floor
    Size
    4,958 SF
    Rate per SF
    $5

    HighLights

    • 4,958 - 9,916 square feet of commercial space available for lease.
    • Located in South Bend's Central Business District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marianne V. West, ... Child Psychologist Abonmarche Consultants, Inc. Corporate Office Abonmarche Civil Engineering Company Lori Holewczynski Social Worker

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -86.25432906
    Latitude
    41.67503758

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    FAQs

    What type of property is this?
    Office Property / Space - South Bend Office Space: 4,958-9,916 SF
    Where is this office property / space located?
    The property is located at 315 Jefferson Blvd South Bend, IN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 4,958 - 9,916 square feet of commercial space available for lease.; Located in South Bend's Central Business District.;
    Request Owner's contact information
    315 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
    315 Jefferson Blvd South Bend, IN 46601
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