2221 Michigan St, South Bend, IN 46613-2321

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.