1912, 1918, 1924 Edison

This three-building portfolio offers a total of 0.76 acres along Edison Rd., one of the main east-west corridors between South Bend and Mishawaka with visibility to over 17,000 vehicles per day. The commercial property at 1918 Edison Rd. is a 5,962 SF medical office building currently used for dental with offices on both the first floor and the lower level and parking for 38 cars. The building has a lobby, reception
area, eight operatories, labs, an extra office/exam room, X-ray room, and one restroom with the lower level having a mix of offices, conference rooms, a kitchen, one restroom with a shower, and mechanical/storage areas. There are sinks in all operatories and plumbing throughout. The building was renovated in 2014. The residential property at 1912 Edison Rd. (westernmost property) is a
1,214 SF single-family residence with three bedrooms, kitchen/laundry, one full bathroom on the first floor, one full bathroom on the 1,118 SF lower level, a carport, two decks, and is currently rented. The residential property at 1924 Edison Rd. (easternmost property) is a
1,038 SF single-family residence with two bedrooms, kitchen, laundry in the breezeway, one full bathroom, an attached garage, and is currently rented. All three properties benefit from Urban Neighborhood Flex zoning, allowing for a variety of potential uses. The three properties leased would provide a nice investment for a passive investor. Additionally, the offering is well-positioned for an owner-occupant (medical or office) to operate out of the commercial building with residual income from the neighboring rented residential homes. These properties are listed together for $1,430,000 and 1918 Edison (commercial building) is available for lease
at $21.00 PSF NNN. Please note that the commercial property may be purchased without the residential properties but the residential properties may not be purchased without the commercial property. This three-building portfolio offers a total of 0.76 acres along Edison Rd., one of the main east-west corridors between South Bend and Mishawaka with visibility to over 17,000 vehicles per day. Excellent location within minutes of the University of Notre Dame and the Ironwood Rd./SR 23 Trade Area. The immediate area includes single family residences, professional office buildings, local and national retail businesses and condominium and townhome developments.