935 Ironwood Dr South Bend, IN 46615
This exceptional mixed-use storefront property at 935 S. Ironwood Dr., South Bend, IN 46615, presents a unique investment opportunity. The 3,598 square foot building, constructed in 1930, sits on a substantial 21,780 square foot lot (APN: 710917101005000026) and is zoned UF Urban Flex, allowing for a variety of uses. The two-story structure offers ample space for a small-scale business and/or residential development. The property includes Lot 6, featuring the existing building with plentiful parking, and an additional 66 x 165 foot vacant lot (Lot 7) providing significant potential for future expansion or development. This location is part of the UF District, designed to support a mix of housing types and small-scale commercial uses, fostering neighborhood stability and integrating compatible businesses. The property's pedestrian-oriented scale, with sidewalks and street trees, contributes to a vibrant and walkable environment. The asking price is $299,000. This is an ideal opportunity for an owner/user seeking a versatile property with significant upside potential in a thriving South Bend neighborhood. Don't miss this chance to acquire a property with both immediate income potential and long-term development possibilities.
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Globe Star LLC Social Service Agency Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.