1401 Michigan St, South Bend, IN 46613-2213
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.
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Two Rivers Auto Sales Corp Car Dealership
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.