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    OFF-MARKET Estimated value $1,330,000
    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
    $1.33M
    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
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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