3404 Boland Dr South Bend, IN 46628
- Banks
- 2,250 SF
- 1.53 lot acres
Current Use by Public Records
- Imeco Federal Credit Union / Federal Credit Union / Atm
Property Details for 3404 Boland Dr
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 1.53 lot acres
- Property size
- 2,250 SF
- Property type
- Banks
- APN
- 71-03-28-426-003.000-009
- APU
- 710328426003000009
Description
This exceptional 2,250 square foot traditional office building, situated on a generous 1.53-acre lot, presents a compelling investment opportunity in South Bend, Indiana. Priced at $275,000 ($122.22/sq ft), the property boasts a desirable location within the Boland/Kenmore Drive industrial park, offering convenient access to numerous small businesses and the nearby Meijer shopping center. Built in 1979, the Class B building is zoned for Light Industrial use, providing flexibility for future development or expansion. The current configuration includes a spacious lobby, a teller line, three private offices, a break room, and a restroom – ideal for a variety of professional uses. A significant advantage is the existing one-lane drive-thru lane located behind the building, adding to its operational versatility. The ample acreage provides substantial potential for future expansion or redevelopment. This property is strategically located off Bendix Drive in South Bend's Northwest side, within the Airport Industrial Park – Blackthorn Development area, ensuring excellent visibility and accessibility. This is a rare opportunity to acquire a well-positioned office building with significant growth potential in a thriving commercial area. The property's size and zoning offer a unique blend of immediate usability and long-term development prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.2968
- Latitude
- 41.7153
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA