51541 Bittersweet Rd Granger, IN 46530
This exceptional commercial property, located at 51529-51541 Bittersweet Road in Granger, Indiana, presents a unique investment opportunity. The 9,828 square foot building, constructed in 1987, boasts a versatile layout ideal for a variety of businesses. The property features a mix of office, retail, and warehouse space, offering flexibility for diverse tenants. Seven office suites are available, ranging in size and configuration, with some including convenient garage door access alongside traditional office entrances. The climate-controlled office spaces range from 540 square feet to larger areas, complemented by a substantial 1,120 square foot warehouse and a significant 6,588 square feet of retail space. Ceiling heights vary between 10 and 12 feet, providing ample space and adaptability. Situated on a 0.9-acre lot, this mixed-use building benefits from its prime location in Granger's business district, offering easy access to local amenities and major transportation routes, including State Road 23 and the Indiana Toll Road. The property's strategic position between South Bend-Mishawaka and Elkhart ensures convenient access to regional hubs and major transportation arteries. Zoned for commercial use, this property is an excellent investment opportunity for those seeking stable income in a thriving location with a proven track record of attracting high-quality tenants. The asking price is $1,235,250.
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Benjamin Burbedge - Ameriprise Financial Services, LLC Financial Advisor
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Eric Robinson - Ameriprise Financial Services, LLC Financial Advisor
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Compassion Experts, LLC In-HomeCare Services Home Health Care Service Laboratory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.