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    3701 Portage Rd South Bend, IN 46628

    Sponsored
    For Lease
    Contact for pricing

    Huge Vacant Supercenter - 203,750 SF

    Lot size:
    203,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a massive 203,750-square-foot former Walmart Supercenter located at 3701 Portage Rd, South Bend, Indiana, 46628. The property sits on a substantial 22.36-acre lot, offering significant potential for redevelopment or repurposing. Currently vacant, the entire building is available for lease, presenting a unique chance to establish a major presence in a high-traffic area of St. Joseph County. The property is zoned Commercial, allowing for a wide range of uses subject to local approvals. The building's substantial size and prominent location offer unparalleled visibility and accessibility. Given its previous use as a successful supercenter, the property benefits from existing infrastructure and ample parking. This is an ideal location for a large-format retailer, warehouse, distribution center, or other similar commercial enterprise. The property's size and location within South Bend, Indiana, provide exceptional opportunities for significant business growth. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and potential uses. This is a rare opportunity to acquire a significant retail space in a desirable location.

    Property Features for 3701 Portage Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    203,750 SF

    Unit(s) available at that property

    Space
    Store #2680
    Size
    203,750 SF

    HighLights

    • 203,750 SF former Walmart Supercenter available for lease in Northwest South Bend.
    • Commercial zoning allows for diverse uses.
    • Signalized shopping center entrance provides excellent visibility.
    • Less than 15 minutes from Notre Dame and Saint Mary's College (approx. 113,000 students).
    • Virtual tour available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Walmart Auto Care ... Auto Repair Shop Walmart Garden Center Garden Center Walmart Bakery Bakery Walmart Tech Services Computer Service

    Suggested Use

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

    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
    -86.2929974
    Latitude
    41.727727

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    FAQs

    What type of property is this?
    Retail property - Huge Vacant Supercenter - 203,750 SF
    Where is this retail property located?
    The property is located at 3701 Portage Rd South Bend, IN.
    What are key features of this property?
    This property features: 203,750 SF former Walmart Supercenter available for lease in Northwest South Bend.; Commercial zoning allows for diverse uses.; Signalized shopping center entrance provides excellent visibility.
    Request Owner's contact information
    3701 Portage Rd 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
    3701 Portage Rd South Bend, IN 46628
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