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Property profile & analytics
FOR SALE
Drive through restaurants

1107 Lincoln Way West South Bend, IN 46616

788 SF 0.56 ac lot Built 1990
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US31-2082257
Property summary
AI-generated overview

This exceptional 0.99-acre commercial land parcel presents a remarkable redevelopment opportunity in South Bend, Indiana. Strategically located on Lincolnway West, between the city's downtown area and the South Bend Airport, this property boasts exceptional visibility and high traffic counts exceeding 18,000 vehicles daily. The site includes two existing buildings, offering flexibility for various uses. The first building, situated at 1107 Lincolnway West, is a 788 square foot restaurant featuring two drive-thru windows and two walk-up service windows, making it ideal for a fast-casual or carry-out establishment. All restaurant equipment is included in the sale. The second building, located at 1119 Lincolnway West, comprises 1,420 square feet and is configured as a service center with two overhead doors and an attached office, suitable for a variety of service-oriented or sales businesses. This property's prime location and existing infrastructure make it perfect for a range of commercial ventures, including discount retail, drive-thru restaurants, or other businesses seeking high visibility and convenient access. The asking price for this exceptional redevelopment opportunity is $400,000. Don't miss this chance to acquire a highly desirable commercial property in a thriving South Bend location. The property is located in St. Joseph County, Indiana, with a zip code of 46616.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1990
Construction WOOD
Total area 788 SF
Lot 0.56 ac (24,533 SF)
APN 71-08-02-334-003.000-026
UPID US31-2082257
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
  • Lincoln way Chicken & Fish Restaurant
  • Cerado Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lincoln Way W LLC · 1 yrs held
Lincoln Way W LLC
since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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