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Property profile & analytics

501 Lasalle Ave South Bend, IN 46617

  • Grocery and convenience stores
  • 1,856 SF
  • 0.50 lot acres
Value Estimation
$305,000
Last Sale
May 06, 2024
Location Intelligence
Property ID
US31-1964516
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Western Union / Money Transfer Service
  • Citibank ATM / Atm
  • Mobil / Gas Station

Property Details for 501 Lasalle Ave

Year built
1994
Construction
WOOD
Lot size
0.50 lot acres
Property size
1,856 SF
Property type
Grocery and convenience stores
APN
71-08-12-201-001.000-026
APU
710812201001000026

Description

This single-tenant retail property, located at 501 E Lasalle Ave, offers a 1,856 square foot gas station available for sublease. Built in 1994, the property sits on a 1.17-acre lot and features a single-story building zoned DT (Downtown). The APN is 71-08-12-201-001.000-026. The existing motor fuel equipment will remain in place, along with a branded fuel supply agreement, providing a turnkey opportunity for a new operator. This presents a unique chance to acquire an established business with existing infrastructure. The property's convenient location and established presence make it an attractive investment for those seeking a ready-to-operate gas station. The single-tenant occupancy simplifies management and provides a clear revenue stream. The substantial lot size offers potential for future expansion or development, subject to zoning regulations. This is an exceptional opportunity to acquire a well-positioned, established gas station business with significant upside potential. Serious inquiries only. All information is deemed reliable but not guaranteed.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
South Bend
County
St. Joseph
State
Indiana
Longitude
-86.244
Latitude
41.6795
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,303
$77,200
$79,500
$156,700
-
$77,200
$79,500
$156,700
More about this property
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