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Property profile & analytics
OFF-MARKET
Office Spaces

205 Jefferson Blvd South Bend, IN 46601

85,558 SF 0.35 ac lot Built 1914
Property ID
Property summary
AI-generated overview

This six-story, 85,558-square-foot Class A office building, constructed in 1914 and renovated in 2011, offers diverse spaces ranging from 330 to 8,210 square feet. Located at 205 W Jefferson Boulevard, in the heart of Downtown South Bend, this property boasts a prime location near the University of Notre Dame and benefits from easy access to major highways (US-31, US-20, Interstate 90), the South Bend International Airport, and public transportation. The building features a striking façade combining glass, brick, and terra cotta accents, a two-story lobby with elegant finishes, and three modern elevators. Amenities include ample parking (landlord-controlled surface lot and nearby city-owned ramp), a UPS drop box, vending services, and efficient floorplates with central cores, light-filled offices, redundant fiber optics, and access control. Suites offer operable windows, zoned HVAC systems, and customizable interiors suitable for various work styles and social distancing. The building's location within a vibrant downtown area, near county government buildings, retail, residential, and entertainment options (including Eddy Street Commons), makes it an attractive option for businesses seeking a thriving and convenient environment. The surrounding area offers a well-educated workforce, with a 32.7% college degree rate among South Bend residents, and projected population growth of over 1.9% within a 5-mile radius over the next five years. The property sits on a 0.35-acre lot (15,136 square feet) and has a building floor area ratio (FAR) of 5.65. Property taxes are $0.65 per square foot. The building is served by Indiana Michigan Power. The zoning is DT - Downtown, and the APN is 71-08-12-152-007.000-026 in St. Joseph County.

Property profile
Verified
Property type Office Spaces
Year built 1914
Total area 85,558 SF
Lot 0.35 ac (15,246 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
  • Mirkin Law Offices, P.C. Law Firm
  • Sam Mirkin Law Firm
  • Nickle & Piasecki Law Firm
  • Scott Smith - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
  • Avero Talent Employment Agency
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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