24460 Adams Rd South Bend, IN 46628
For Sale
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This exceptional 6,610-square-foot restaurant building, known as the Carriage House, presents a unique investment opportunity in South Bend, Indiana. Situated on a spacious 1.72-acre lot at 24460 Adams Rd, 46628, this single-story, 1959-built establishment boasts significant charm and potential. The property includes a fully equipped chef's kitchen, a convenient patio kitchen, a classic bar area, and ample indoor and outdoor dining spaces. Beautiful gardens and various rooms provide options for private events. The Carriage House name and existing furniture, fixtures, and equipment are available for purchase, offering a seamless transition for a new owner. Abundant parking is provided with 46 spaces in the primary lot. The property's APN is 71-03-18-201-001.000-008. This historic building offers the opportunity to continue its legacy as a high-end dining destination or to be creatively repurposed. The property's prime location in St. Joseph County, Indiana, ensures high visibility and accessibility. This turnkey operation is ready for a new chapter, offering a blend of established success and exciting future possibilities. The asking price is $695,000.
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The Carriage House Dining Room Restaurant
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.