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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1823 Michigan St South Bend, IN 46613

7,614 SF 0.4 ac lot Built 1925
Property ID
Property summary
AI-generated overview

This exceptional 7,614 square foot retail space, located at 1823 S Michigan St in South Bend, Indiana, presents a unique investment opportunity. Situated on a 0.4-acre lot, this single-tenant building boasts a rich history, having previously served as a grocery store. Built in 1925 and extensively renovated in 2019, the property is in excellent condition and ready for immediate occupancy. The building features a single story and offers 15 parking spaces for customer convenience. The zoning is classified as 421. The property's location in South Bend, within St. Joseph County (APN: 71-08-13-305-044.000-026), provides excellent visibility and accessibility. The entire 7,614 square feet is currently vacant and available for lease. The space is fully built out as standard retail space, making it ideal for a variety of uses. Note that the lease rate excludes utilities, property expenses, and building services. This is a prime opportunity to establish a thriving business in a well-established South Bend location. The property's convenient location and ample parking make it an attractive option for potential tenants. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1925
Total area 7,614 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Big Jay's Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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