1924 Edison Rd South Bend, IN 46617
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.