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    1405 Portage Ave South Bend, IN 46628

    Sponsored
    For Sale
    Contact for pricing

    High-visibility South Bend restaurant space.

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 8,000 square foot retail space, located at 1405 Portage Avenue in South Bend, Indiana (zip code 46628), presents a unique investment opportunity. Situated on a high-visibility corner northwest of downtown South Bend, this property benefits from significant foot traffic in a densely populated area. The building offers zero setbacks, maximizing its street presence and accessibility. The property is zoned for a variety of uses, including restaurants, grocery stores, coffee shops, and various service-oriented businesses such as nail and beauty salons, dental practices, physical therapy clinics, insurance agencies, or real estate offices. Potential buyers should be aware of existing restrictions: gas and liquor sales are limited, and there are partial restrictions on convenience store operations. This prime location and versatile space make it ideal for a variety of businesses seeking a strong presence in a thriving South Bend neighborhood. The property's size and visibility offer excellent potential for growth and profitability. Further details regarding zoning and restrictions are available upon request.

    Property Features for 1405 Portage Ave

    General Information

    Property type
    Restaurants
    Square Feet
    8,000 SF

    HighLights

    • Gas and liquor sales restrictions; partial convenience store restrictions.
    • High‑visibility corner lot northwest of downtown South Bend.
    • Zero setbacks, maximizing street frontage.
    • Densely populated area with high foot traffic.
    • Suitable for restaurants, grocery stores, coffee shops, and various service businesses (nail salons, dental, physical therapy, insurance, real estate).
    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
    -86.317392
    Latitude
    41.7217136

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    FAQs

    What type of property is this?
    Restaurant - High-visibility South Bend restaurant space.
    Where is this restaurant located?
    The property is located at 1405 Portage Ave South Bend, IN.
    What are key features of this property?
    This property features: Gas and liquor sales restrictions; partial convenience store restrictions.; High-visibility corner lot northwest of downtown South Bend.; Zero setbacks, maximizing street frontage.
    Request Owner's contact information
    1405 Portage Ave South Bend, IN 46628
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    South Bend, IN 46628
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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 46628
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