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    OFF-MARKET
    Auto shops

    1401 Michigan St, South Bend, IN 46613-2213

    1,768 SF 0.37 ac lot Built 1934
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US31-2386634
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 1,768 square foot auto shop located at 1401 S Michigan St, South Bend, Indiana, 46613. The property, situated on a 0.43-acre lot, is classified as a Class C retail building and boasts a single story structure built in 1934. The asking price is $110,000. Previously used as a gas station, the building currently functions as a sales lot and repair center, offering significant potential for a variety of automotive-related businesses. The property's convenient location in South Bend, within St. Joseph County, provides excellent access to a substantial customer base. With its established history and ample space, this auto shop presents a compelling opportunity for entrepreneurs seeking a well-positioned commercial property. The single building on the site offers immediate occupancy and the potential for expansion or renovation to suit specific business needs. The property's size and location make it an attractive investment for both established businesses and new ventures in the automotive industry. Serious inquiries are encouraged to explore this promising commercial real estate offering.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1934
    Construction WOOD
    Total area 1,768 SF
    Lot 0.37 ac (16,104 SF)
    APN 71-08-13-156-018.000-026
    UPID US31-2386634
    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
    • Two Rivers Auto Sales Corp Car Dealership
    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
    K&t Property Rentals INC · 1 yrs held
    K&t Property Rentals INC
    since 2024
    2 recorded transactions
    2024
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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