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Property profile & analytics
OFF-MARKET Estimated value $1,335,000
Drive through restaurants

3401 Lincoln W Way South Bend, IN 46628-1454

2,411 SF 0.78 ac lot Built 1977
Entity Owned 5-yr Hold Free & Clear
Property ID
US31-1675759
Property summary
AI-generated overview

This exceptional 2,134 square foot free-standing restaurant building, located at 3401 Lincoln Way West in South Bend, Indiana, presents a unique investment opportunity. Built in 1977 and extensively renovated in 2022, the property boasts a convenient single-lane drive-thru with two service windows, catering to the demands of today's fast-paced market. The building features two customer entrances, a rear delivery door for efficient operations, and two unisex restrooms for customer convenience. Two walk-in coolers provide ample storage space, while a dedicated manager's office ensures efficient administrative functions. The property sits on a 0.75-acre lot, providing ample space and visibility. With 160 feet of frontage on Lincolnway West, the property benefits from high traffic volume and excellent exposure. The property is conveniently located near the South Bend International Airport, ensuring accessibility for both local and traveling customers. Utilities include gas, electric, water, and sewer. Existing pylon signage is in place, offering immediate branding opportunities. The property is zoned commercial and is situated in St. Joseph County, Indiana, zip code 46628. Two curb cuts provide easy access for both customers and deliveries. A detailed list of available equipment is available upon request. This turnkey restaurant is ready for immediate occupancy.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 2,411 SF
Lot 0.78 ac (33,880 SF)
APN 71-08-04-202-009.000-026
UPID US31-1675759
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M
Owner & transaction history
Us Realty Acquisitions LLC · 5 yrs held
Us Realty Acquisitions LLC
since 2021
Last sale
$1.3M
2 recorded transactions
2021
$1.3M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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