2502 Michigan St South Bend, IN 46614
- Office Properties & Spaces
- 200 SF
- 0.12 lot acres
Current Use by Public Records
- Eagle Motors / Used Car Dealer
Property Details for 2502 Michigan St
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 200 SF
- Property type
- Office Properties & Spaces
- APN
- 71-08-24-128-001.000-026
- APU
- 710824128001000026
Description
This exceptional .24-acre commercial lot, located at 2502 S Michigan St, South Bend, Indiana (APN: 71-08-24-128-001.000-026 & 71-08-24-128-002.000-026), presents a unique investment opportunity. Situated on the corner of South Michigan and Victoria Streets, this property benefits from high visibility and traffic flow in a bustling commercial area. Previously utilized as a car sales lot, the site currently includes existing buildings. The property boasts convenient access to essential utilities, including gas, water, storm sewer, curb, sanitary sewer, phone, and electricity, along with a sidewalk. Its strategic location on the south side of South Bend ensures strong potential for various commercial ventures. The asking price has been significantly reduced, making this an attractive proposition for savvy investors seeking a prime location with existing infrastructure. This is a chance to acquire a well-positioned commercial lot in a thriving business district. The property's zoning is designated as Commercial, allowing for a wide range of development possibilities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.2493
- Latitude
- 41.6487
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA