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    2221 Michigan St South Bend, IN 46613-2321
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    Property profile & analytics

    2221 Michigan St South Bend, IN 46613-2321


    • Retail space
    • 3,480 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US31-1477291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tom & Lin's Kitchenette / Restaurant

    Property Details for 2221 Michigan St

    Year built
    1899
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    3,480 SF
    Property type
    Retail space
    APN
    71-08-13-356-022.000-026
    APU
    710813356022000026

    Description

    This exceptional South Bend property offers a fantastic opportunity for both restaurant operators and investors. Priced at $539,000, this 7,574 square foot, multi-unit building boasts two structures, each two stories, built in 1899 and situated on a 0.08-acre lot. Currently operating as a well-maintained restaurant with a diner-style bar, booths, tables, jukeboxes, a small arcade, and a sizable kitchen, the property is turnkey ready. An adjacent retail space offers potential for expansion, private events, or separate leasing for additional income. Four upstairs apartments provide further investment potential. The property benefits from a high-traffic location at the intersection of Michigan St. (18,000 cars daily) and Ewing Ave. (7,000 cars daily), with ample parking. Its prime location is just 1.5 miles from downtown South Bend, 2 miles from Notre Dame University, 4 miles from downtown Mishawaka, and 5 miles from the South Bend International Airport. The property is zoned NC: Neighborhood Commercial and has a 2022 tax assessment of $4,050. This is a rare opportunity to acquire a thriving restaurant with significant upside potential in a desirable location.


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    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2501
    Latitude
    41.6508
    CBSA code
    43780
    CBSA name
    SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,486
    $5,900
    $38,000
    $43,900
    -
    $5,900
    $38,000
    $43,900
    More about this property
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