1212 Ironwood Dr South Bend, IN 46615-1620
This exceptional restaurant space, located at 1212 S Ironwood Dr in South Bend, Indiana, presents a unique opportunity for a discerning restaurateur. The property, known as "The Bucket," boasts a total of 3,364 square feet, all currently vacant and ready for immediate occupancy. Situated on a 0.38-acre lot, the building features two stories and ample parking with 30 spaces available. Built in 1970 and extensively renovated in 2022, this property offers a blend of character and modern amenities. The zoning is designated as Neighborhood Center, making it ideal for a variety of restaurant concepts. The property's address is 1212 S Ironwood Dr, South Bend, IN 46615, and its location within St. Joseph County provides excellent access to a thriving community. The property's APN is 71-09-17-152-002.000-026. This single-tenant space is perfect for a business seeking a turn-key operation in a desirable location. The extensive 2022 renovation ensures the space is move-in ready, minimizing upfront investment and maximizing potential for immediate revenue generation. Don't miss this chance to establish your restaurant in a vibrant and accessible area of South Bend.
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The Bucket Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.