746 Meade St South Bend, IN 46619
This exceptional mixed-use property, located at 746 S Meade Street in South Bend, Indiana, presents a unique investment opportunity. Boasting a substantial 8,620 square feet, this two-story building, constructed in 1916, sits on a 0.22-acre lot (APN: 71-08-10-381-006.000-026). Its former use as a department store, with living quarters above, offers immense versatility. The main level features adaptable spaces ideal for offices or meeting rooms, while the upper level is suited for various uses, such as after-school programs or residential apartments. A partially finished basement adds further potential. The property also includes a garage, an office, and a workshop, enhancing its functionality. A fenced side lot provides ample space for parking or a playground. The solid brick construction speaks to its durability, although some renovations are needed. Conveniently located on South Bend's west side, this property offers easy access to downtown and State Road 23, making it an attractive option for a wide range of businesses or community initiatives. The asking price is $99,900. This property is perfect for those seeking a substantial building with significant redevelopment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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