423 Dixie Way South Bend, IN 46637-3323
Property Lookup
Property profile & analytics
423 Dixie Way South Bend, IN 46637-3323
- Turn key restaurants
- 4,679 SF
- 0.58 lot acres
Property ID
US31-1987020
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Perkins Restaurant & Bakery / Restaurant
- MrBeast Burger / Restaurant
Property Details for 423 Dixie Way
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 0.58 lot acres
- Property size
- 4,679 SF
- Property type
- Turn key restaurants
- APN
- 71-03-25-352-010.000-007
- APU
- 710325352010000007
Description
This exceptional investment opportunity presents a thriving Perkins Restaurant franchise in South Bend, Indiana. The property, located at 423 Dixie Way, encompasses a 4,679 square foot building situated on a 1.47-acre lot. Built in 1994, this multi-tenancy storefront boasts a prime location in the Roseland area, benefiting from high visibility and excellent traffic flow. Its strategic proximity to the I-80/90 Toll Road on-ramp ensures easy access for customers. The property is zoned B-Business and is surrounded by a mix of commercial, retail, and hospitality businesses. Within a three-mile radius, it enjoys convenient access to the Indiana/Michigan state line, the University of Notre Dame, St. Mary's College, Holy Cross College, and downtown South Bend. This sale includes both the South Bend and Elkhart Perkins Restaurant locations for a total asking price of $1,895,000. The business generates over $900,000 in annual sales and includes all furnishings, fixtures, and improvements. A local manager will remain to ensure a smooth transition. This is a turnkey opportunity to acquire a well-established, profitable restaurant business with significant growth potential. The APN is 20-02-20-251-035.000-027. Note that the real estate is leased.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.2507
- Latitude
- 41.7111
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,547
$97,500
$137,800
$235,300
-
$97,500
$137,800
$235,300
