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- LoopNet Team
1740 E South Bend Ave
South Bend, IN 46637
Land For Sale · 0.74 AC
Investment Highlights
- This parcel is available for $950,000 or can be leased for $4,000 per month triple net (NNN).
- Extremely valuable piece of land
- Zoned LB- Local Business
PROPERTY FACTS
Property Type | Land | Proposed Use | Commercial |
Property Subtype | Commercial | Total Lot Size | 0.74 AC |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.74 AC |
Description
0.74 acres of zoned LB- Local Business with a 1,500 SF restaurant currently occupied by the Mago Cafe. This site has multiple points of access and is located 1,200 feet from the University of Notre Dame Campus on the heavily traveled South Bend Avenue (State Road 23) which is a major thoroughfare connecting Mishawaka/Granger and Downtown South Bend to the University of Notre Dame campus. South Bend Avenue (State Road 23) is the primary artery for morning and evening commutes for all Mishawaka/Granger/South Bend employees working downtown South Bend or at the university. The site is additionally complimented by steady traffic through the entire day with a traffic count of 25,619 cars per day which is one of the highest counts in St. Joseph County. The site is also within walking distance to a majority of the off campus student housing options. The contiguous (neighboring) parcel to the south is also available when combined totaling 1.21 acres. The site is perfect for a quick serve restaurant, jewelry store, financial institution, medical use, attorney’s office, residential/multi-family or mixed-use (1st floor retail/office and residential on upper floors enjoying university views). This parcel is available for $950,000 or can be leased for $4,000 per month triple net (NNN). The building is just seconds from the University of Notre Dame and minutes from downtown South Bend, Mishawaka, Saint Mary’s College, Holy Cross College and Indiana University-South Bend (IUSB). Also close by is Eddy Street Commons, the University Park Mall Trade Area and many other commercial, retail and residential developments.
PROPERTY TAXES
Parcel Number | 71-04-31-479-001.000-004 | Improvements Assessment | $1,942,900 |
Land Assessment | $158,600 | Total Assessment | $2,101,500 |
PROPERTY TAXES
zoning
Zoning Code | LB- Local Business |
LB- Local Business |
Learn More About Investing in Land
Listing ID: 13726932
Date on Market: 9/7/2018
Last Updated:
Address: 1740 E South Bend Ave, South Bend, IN 46637
The Land Property at 1740 E South Bend Ave, South Bend, IN 46637 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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