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1509 S Michigan St - 1509 S Michigan St

0.52 Acres of Commercial Land Offered at $85,000 in South Bend, IN 46613

Investment Highlights

  • High Traffic Commercial Corridor
  • Ideal location for professional office or retail use

Property Facts

Price $85,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Medical
  • Restaurant
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.52 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $85,000
Price Per AC $163,461.54
Lot Size 0.52 AC

Description

This 0.52-acre commercial land parcel has 138’ of frontage on South Michigan Street (US 31). It is zoned Mixed Use which allows for storefront retail, professional offices, medical and dental clinics, and restaurants. The property is located on the south side of the CBD of South Bend on a high traffic commercial corridor (12,158 cars daily). On one-way road with traffic flowing North to the downtown area. The property is surrounded by other commercial/retail businesses and single family residential homes. Site is located just south of Ivy Tech, on the west side of the road. Traffic count is 12,158 cars daily on this one-way street that flows North to the downtown area. It is surrounded by other commercial /retail businesses and single-family residential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-08-13-156-027.000-026
Land Assessment
$7,400
Improvements Assessment
$2,900
Total Assessment
$10,300

zoning

Zoning Code NC
NC
  • Listing ID: 9069922

  • Date on Market: 9/7/2017

  • Last Updated:

  • Address: 1509 S Michigan St, South Bend, IN 46613

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