3401 Lincoln W Way, South Bend, IN 46628-1454
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.
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.