1924 Edison Rd South Bend, IN 46617
- Commercial real estate
- 0.76 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1924 Edison Rd
- Lot size
- 0.76 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity in South Bend, Indiana, comprises three properties totaling 0.76 acres on Edison Road, a major thoroughfare between South Bend and Mishawaka, boasting visibility to over 17,000 vehicles daily. The portfolio includes a 5,962 square foot medical office building (currently dental) at 1918 Edison Road, renovated in 2014, featuring eight operatories, labs, ample parking, and multiple offices. This building is available for lease at $21.00 PSF NNN. Two additional residential properties, located at 1912 and 1924 Edison Road, are included. The 1,214 square foot home at 1912 Edison Road is a three-bedroom, two-bathroom single-family residence with a carport and decks, currently rented. The 1,038 square foot home at 1924 Edison Road offers two bedrooms, one bathroom, an attached garage, and is also currently rented. All three properties are zoned Urban Neighborhood Flex, offering diverse potential uses. The asking price for the entire portfolio is $1,430,000. The commercial building may be purchased separately, but the residential properties are only available with the commercial building. This prime location offers proximity to the University of Notre Dame and the Ironwood Road/SR 23 Trade Area, surrounded by residential, professional, and retail establishments. This presents a compelling opportunity for an owner-occupant or a passive investor seeking strong rental income and significant upside potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.2192148
- Latitude
- 41.6942137