2222 Lincoln W Way South Bend, IN 46628-2514
This exceptional 2,560-square-foot office building presents a unique investment opportunity in South Bend, Indiana. Located at 2222 Lincoln Way West, this property boasts a desirable location at the southeast corner of Lincolnway West and North Elmer Street, placing it within minutes of Notre Dame University, St. Mary's College, and the South Bend International Airport. The building, constructed in 1958, features a spacious 1,640-square-foot first floor currently configured as office space. An additional 920 square feet on the second floor offers versatile potential, adaptable for use as a residential apartment or additional office space. The 0.26-acre lot is zoned Urban Neighborhood Flex (UF), allowing for both commercial and residential uses, maximizing flexibility and potential return on investment. This high-traffic area, situated on a retail corridor with over 12,800 vehicles daily on Lincolnway, ensures high visibility and accessibility. The asking price for this property is $125,000. This presents a compelling opportunity for investors seeking a blend of commercial and residential potential in a thriving South Bend location. The property's proximity to major institutions and its flexible zoning make it an attractive prospect for a variety of uses.
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Youth Service Bureau of St. Joseph County - Admin Office Child Welfare Organization Foster Care Service
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Young Mom's Self-Sufficiency Social Service Agency Charitable Organization
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.