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    707 Scott St South Bend, IN 46601

    Sponsored
    For Sale
    $294,000

    8,400 SF Flex Space - $294,000

    Property size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,400-square-foot flex space property, located at 707 S Scott Street in South Bend, Indiana, presents a compelling investment opportunity. The building, situated on a 0.57-acre lot, offers a blend of warehouse and office space ideal for various industrial uses. Constructed in 1967 with a 3,000-square-foot addition completed in 2006, the property boasts 12- to 14-foot ceiling heights, providing ample vertical space for storage or manufacturing operations. A 961-square-foot office area offers administrative space, enhancing the property's functionality. The property's zoning is designated as Industrial, allowing for a range of permitted uses. Its strategic location in South Bend, near the intersection of United Drive and Chapin Street, offers convenient access to local and regional transportation networks, including proximity to train tracks on West Scott Street. The property's proximity to downtown South Bend ensures easy access to municipal and business services. The flexible layout is well-suited for warehousing and manufacturing activities. Furthermore, the possibility of combining this property with an adjacent property, sharing access, presents additional expansion potential. The asking price is $294,000, translating to $35 per square foot.

    Property Features for 707 Scott St

    General Information

    Property type
    Flex space
    Square Feet
    8,400 SF
    Lot Size
    24,829 SF

    Building Details

    Year Built
    1967

    HighLights

    • Excellent location with easy access to local and regional transportation networks.
    • Prime location near downtown South Bend, offering proximity to municipal services and businesses.
    • Highly versatile space suitable for warehousing or manufacturing uses.
    • Expansion potential through combination with adjacent property, sharing convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    South Bend Woodworks ... Toy Manufacturer

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    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
    -86.2596251
    Latitude
    41.6680384

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    FAQs

    What type of property is this?
    Flex space - 8,400 SF Flex Space - $294,000
    Where is this flex space located?
    The property is located at 707 Scott St South Bend, IN.
    What is the asking price?
    The asking price for this property is $294,000.
    What are key features of this property?
    This property features: Excellent location with easy access to local and regional transportation networks.; Prime location near downtown South Bend, offering proximity to municipal services and businesses.; Highly versatile space suitable for warehousing or manufacturing uses.
    Request Owner's contact information
    707 Scott St 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
    707 Scott St South Bend, IN 46601
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