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Property profile & analytics
OFF-MARKET
Warehouses

321 Wayne St South Bend, IN 46601-2105

16,646 SF 0.31 ac lot Built 1926
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US31-1412441
Property summary
AI-generated overview

This exceptional 16,973 square foot building at 321 W. Wayne St., South Bend, IN 46601, offers a unique opportunity for a creative office tenant. Located in the Downtown South Bend submarket, near Lafayette Cross Street, this single-story, 1926-built structure underwent a complete renovation in 2024. The property is zoned NC Neighborhood Center and features a 12'10" ceiling height. Currently, 8,500 square feet of space is available, divisible into units as small as 5,000 square feet, with a maximum contiguous space of 8,500 square feet. The building's historic charm is complemented by modern updates, making it ideal for a variety of uses. Its central location in the revitalized Downtown South Bend area provides excellent visibility and accessibility. The property is suitable for multiple tenants. This is a rare chance to secure a prominent space in a thriving urban environment. The building's adaptable layout allows for customization to meet specific business needs. This prime location offers easy access to local amenities and transportation. Don't miss this chance to be part of South Bend's exciting growth.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1926
Construction WOOD
Total area 16,646 SF
Lot 0.31 ac (13,660 SF)
APN 71-08-11-283-016.000-026
UPID US31-1412441
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • South Bend TradeWorks Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Historic Hearthstone LLC · 2 yrs held
Historic Hearthstone LLC
since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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