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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

51541 Bittersweet Rd Granger, IN 46530

9,828 SF 0.9 ac lot Built 1987
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1987
Total area 9,828 SF
Lot 0.9 ac (39,204 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
  • Benjamin Burbedge - Ameriprise Financial Services, LLC Financial Advisor
  • Eric Robinson - Ameriprise Financial Services, LLC Financial Advisor
  • Compassion Experts, LLC In-HomeCare Services Home Health Care Service Laboratory
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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