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2016 Edison Rd
South Bend, IN 46617

2014 and 2016 Edison Rd. · Land For Sale · 0.67 AC

Investment Highlights

  • 1/2 mile from the University of Notre Dame
  • Less than 3 miles from DT South Bend and Mishawaka Shopping District
  • Excellent High Density Redevelopment Opportunity
  • In between corners of Edison Rd & N Ironwood Dr. and Edison Rd. & SR 23/S Bend Ave.
  • 196 FT of Frontage
  • City of South Bend Favorable to High Density Redevelopment

PROPERTY FACTS

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 0.67 AC

1 Lot Available

Lot

Price $869,000
Price Per AC $1,297,014.93
Lot Size 0.67 AC

Description

OUTSTANDING LOCATION!!! Approximately 1/2 mile from the University of Notre Dame campus, this property is a fantastic opportunity for high density redevelopment within walking distance of the campus. City of South Bend is very favorable to high density redevelopment on these type of properties. With nearly 200 FT of frontage on Edison Rd (14,000 cars daily), the property includes a 3,840 SF restaurant building sitting on a 0.45 acres parcel with a 0.22 acre vacant parcel also included in the sale for 0.67 acres total available for redevelopment. Combined lots' dimensions are 198X148. Current tenant Mandarin House is renting the building at $4,300/month Modified Gross. Property is centrally located in between the intersections of SR 23 and Edison Rd. (nearly 38,000 cars daily) and the intersection of N Ironwood Dr. and Edison Rd. (nearly 28,000 cars daily). On top of excellent proximity to Notre Dame, the property is close to both downtown South Bend and the Main St./Grape Rd. Shopping District in Mishawaka, both less than 3 miles away. Also 3 miles from the Indiana Toll Road Interchange at SR 933, and 6 miles to the South Bend International Airport. Zoned NC: Neighborhood Center. Taxes: $5,068.96 Tax Year: 2020.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-09-06-227-003.000-026
Land Assessment
$30,100
Improvements Assessment
$0
Total Assessment
$30,100

zoning

Zoning Code Neighborhood Central
Neighborhood Central
  • Listing ID: 17193542

  • Date on Market: 9/13/2019

  • Last Updated:

  • Address: 2016 Edison Rd, South Bend, IN 46617

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