You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1405 Portage Ave South Bend, IN 46616-1734

1,676 SF 0.41 ac lot Built 1953
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-2176291
Property summary
AI-generated overview

This exceptional retail property, located at 1405 Portage Ave in South Bend, Indiana, presents a unique investment opportunity. Situated on a 0.64-acre lot, this multi-tenant building offers 9,300 square feet of space, currently with one unit available. The property boasts a highly desirable location, a high-visibility corner lot northwest of downtown South Bend, in a densely populated area with significant foot traffic. The zoning is NC (Neighborhood Commercial). The property is ideal for a variety of uses, including restaurants, grocery stores, coffee shops, nail and beauty salons, dental practices, physical therapy clinics, insurance agencies, or real estate offices. Please note that there are some restrictions in place: gas and liquor sales are restricted, and there is a partial restriction on convenience store operations. This prime location and ample square footage make this property an excellent choice for businesses seeking high visibility and strong foot traffic in a thriving South Bend neighborhood. The property is in St. Joseph County, Indiana, with a zip code of 46616.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1953
Construction WOOD
Total area 1,676 SF
Lot 0.41 ac (17,820 SF)
APN 71-03-35-360-020.000-026
UPID US31-2176291
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
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
Peak Investment & Asset Management · 4 yrs held
Peak Investment & Asset Management
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1405 Portage Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message