1702 Franklin St South Bend, IN 46613-2012
This exceptional industrial property, located at 1702 Franklin St, South Bend, IN 46613, offers 59,008 square feet of versatile space. The property comprises seven buildings, including 1,670 square feet of retail space and 2,108 square feet of air-conditioned office space. Additional features include approximately 4,500 square feet of utility sheds and 4,200 square feet of mezzanine space (not included in the total square footage). The warehouse boasts 9 overhead doors and 2 loading docks, ensuring efficient operations. Security is enhanced by a gated entrance and ample outside storage. Built in 1900 and renovated in 1983, the building features ceiling heights ranging from 12 to 20 feet. Situated on 3.26 acres of land in St. Joseph County, this single-tenant property is zoned for General Industrial use. Its convenient location on the south side of South Bend, near Main and Michigan Streets, offers easy access to US 31/US 20 Bypass, providing excellent connectivity to surrounding areas. The property is surrounded by other industrial and commercial businesses, making it an attractive location for a variety of industrial operations.
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
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Property description
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Risks
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