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    South Bend, IN Shopping Centers for Sale

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    Shopping Center with Lease-Up Potential
    Updated: Apr 12
    Shopping Center with Lease-Up Potential

    4401 W Western Ave, South Bend, IN 46619

    Contact for pricing
    99,726 sqft
    Centre West Shopping Center offers 99,726 SF of retail space in South Bend, Indiana.
    Includes a vacant 39,500 SF unit, plus potential lease‑up upside.
    ALDI pad site on 1.5 AC with an LOI for a 15‑year base term and eight 5‑year renewal options.
    ALDI LOI includes 8% rent escalations every 5 years starting at $115,000 base rent.
    Five outparcels included: two leased to Style Savers and MetroPCS, with the remainder available for ground leasing, development, or resale.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 1 Active listings in South Bend, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Value-Add Retail Center for Sale
    Value-Add Retail Center for Sale

    1104 W Bristol St, Elkhart, IN 46514

    $500,000
    121,656 sqft 3.80 AC lot

    Two-building retail center on W Bristol Street with recently replaced roofs and available leasing space.

    View details
    Retail Shopping Center with Tenants
    Retail Shopping Center with Tenants

    1200 N Nappanee St, Elkhart, IN 46514

    Contact for pricing
    81,651 sqft 8.80 AC lot

    Shopping center on 8.8 acres with major tenants including CVS, Subway, GNC, and Great Clips.

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    Shopping Center with Outlot
    Shopping Center with Outlot

    1460 W State Rd 2, La Porte, IN 46350

    Contact for pricing
    0.40 AC lot

    Shopping center redeveloped in 2020 with anchor and inline space opportunities, plus signage on a pylon at a signalized SR 2 entrance.

    View details
    Retail Outlot Opportunity
    Retail Outlot Opportunity

    1448 W State Rd 2, La Porte, IN 46350

    Contact for pricing
    0.40 AC lot

    Available 0.4 AC outlot in redeveloped shopping center.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Zoned B-2
    Commercial Land Zoned B-2

    21835 State Road 120, Elkhart, IN 46516

    $330,000
    1.93 AC lot

    Commercial land zoned B-2 with an existing building that could be used as an office.

    View details
    General Commercial Development Land
    General Commercial Development Land

    S Woodland Avenue, Michigan City, IN 46360

    $299,000
    17.53 AC lot

    Flat, out-of-floodplain commercial land with 250 feet of road frontage on S Woodland Ave and city water/sewer, electric, and gas available.

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    Michigan City Commercial Land Parcel
    Michigan City Commercial Land Parcel

    W 400 N, Michigan City, IN 46360

    $1,050,000
    21.81 AC lot

    21.814 acres of commercial land in Michigan City, IN.

    View details
    Kalamazoo Development Opportunity For Sale
    Kalamazoo Development Opportunity For Sale

    6719-6745 Stadium Drive, Kalamazoo, MI 49009

    $650,000
    8.98 AC lot

    9-acre commercial land near Stadium Drive, Kalamazoo. Development opportunity.

    View details

    Off-Market Properties in South Bend, IN

    Consider similar Off-Market properties in South Bend, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3701 Portage Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    3701 Portage Rd, South Bend, IN 46628-6098

    $15,835,000
    Estimated value
    203,750 sqft 22.36 AC lot
    View details
    52303 Emmons Rd
    SHOPPING CENTER, STRIP CENTER

    52303 Emmons Rd, South Bend, IN 46637-4294

    Value Estimation by Request
    17,280 sqft 3.15 AC lot
    View details
    603 Hickory Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    603 Hickory Rd, South Bend, IN 46615-3304

    $1,420,000
    Estimated value
    9,100 sqft 0.83 AC lot
    View details
    3720 Lincoln W Way
    WHOLESALE OUTLET, DISCOUNT STORE

    3720 Lincoln W Way, South Bend, IN 46628-1416

    $1,315,000
    Estimated value
    9,301 sqft 2.40 AC lot
    View details
    4123 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    4123 Western Ave, South Bend, IN 46619-2619

    $1,290,000
    Estimated value
    9,100 sqft 1.57 AC lot
    View details
    902-912 Ireland
    SHOPPING CENTER, STRIP CENTER

    902-912 Ireland, South Bend, IN 46614

    Value Estimation by Request
    12,730 sqft 1.30 AC lot
    View details
    25460 State Rd 2nd 2
    WHOLESALE OUTLET, DISCOUNT STORE

    25460 State Rd 2nd 2, South Bend, IN 46619-4812

    $1,290,000
    Estimated value
    9,100 sqft 1.18 AC lot
    View details
    4600 High Stst-menar
    WHOLESALE OUTLET, DISCOUNT STORE

    4600 High Stst-menar, South Bend, IN 46614-3200

    $1,870,000
    Estimated value
    81,838 sqft 8.48 AC lot
    View details
    2206 Pr Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    2206 Pr Ave, South Bend, IN 46614-3937

    $805,000
    Estimated value
    7,910 sqft 1.38 AC lot
    View details
    1290 Ireland Rd
    SHOPPING CENTER, STRIP CENTER

    1290 Ireland Rd, South Bend, IN 46614-3474

    Value Estimation by Request
    9,600 sqft 32.90 AC lot
    View details
    Ee Ireland Rd At S Ironwood Dr Dr
    SHOPPING CENTER, STRIP CENTER

    Ee Ireland Rd At S Ironwood Dr Dr, South Bend, IN 46614

    Value Estimation by Request
    13,264 sqft 1.57 AC lot
    View details
    3600 Portage Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    3600 Portage Rd, South Bend, IN 46628-6037

    $16,180,000
    Estimated value
    212,225 sqft 26.65 AC lot
    View details
    54570 586th Ironwood Rd
    SHOPPING CENTER, STRIP CENTER

    54570 586th Ironwood Rd, South Bend, IN 46635-1617

    Value Estimation by Request
    11,129 sqft 0.61 AC lot
    View details
    407 Hickory Rd
    SHOPPING CENTER, STRIP CENTER

    407 Hickory Rd, South Bend, IN 46615-3562

    Value Estimation by Request
    11,480 sqft 2.52 AC lot
    View details
    427 Hickory Rd
    SHOPPING CENTER, STRIP CENTER

    427 Hickory Rd, South Bend, IN 46615-3562

    Value Estimation by Request
    11,972 sqft 1.07 AC lot
    View details
    1438 Calvert St
    SHOPPING CENTER, STRIP CENTER

    1438 Calvert St, South Bend, IN 46613-3347

    Value Estimation by Request
    6,129 sqft 0.44 AC lot
    View details
    4640 Saint Joseph St
    WHOLESALE OUTLET, DISCOUNT STORE

    4640 Saint Joseph St, South Bend, IN 46614-1800

    $21,675,000
    Estimated value
    184,306 sqft 22.50 AC lot
    View details
    56977 Mayflower Rd
    SHOPPING CENTER, STRIP CENTER

    56977 Mayflower Rd, South Bend, IN 46619-2211

    Value Estimation by Request
    8,640 sqft 1.24 AC lot
    View details
    1801 Ironwood Dr, Unit 1823
    SHOPPING CENTER, STRIP CENTER

    1801 Ironwood Dr, South Bend, IN 46613-3415

    Unit 1823
    Value Estimation by Request
    7,920 sqft 0.81 AC lot
    View details
    921 Bendix Dr
    SHOPPING CENTER, STRIP CENTER

    921 Bendix Dr, South Bend, IN 46628-1833

    $1,300,000
    Estimated value
    81,432 sqft 8.16 AC lot
    View details
    250 Ireland Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    250 Ireland Rd, South Bend, IN 46614-2516

    $9,915,000
    Estimated value
    136,568 sqft 14.22 AC lot
    View details
    2015 Ireland Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    2015 Ireland Rd, South Bend, IN 46614-2908

    $645,000
    Estimated value
    24,645 sqft 2.03 AC lot
    View details
    52144 Indiana State Rte 933
    SHOPPING CENTER, STRIP CENTER

    52144 Indiana State Rte 933, South Bend, IN 46637-3862

    Value Estimation by Request
    11,520 sqft 1.12 AC lot
    View details

    South Bend, IN Shopping Centers Market Trends and Statistics

    Explore 46 shopping centers for sale in South Bend, IN on our real estate platform. These investment opportunities span a total of 99,726 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 19
    Automotive properties 8
    Shopping centers 8
    Showrooms 6
    Gas stations 4

    Demographics Overview

    Population 149K
    Population Growth (5Y) +1.7%
    Median Household Income $59,952
    College Educated 31.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.53%
    Property Tax per SF $39.44 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in South Bend fall within the 100,000+ square foot range.

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