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316 S Eddy St

3,252 SF Office Building South Bend, IN 46617 $479,900 ($148/SF)

Investment Highlights

  • Heavy traffic area (22,000+ vehicles/day)
  • Can be Commercial and/or Residential
  • Two separate units

Executive Summary

Located in a high-visibility area just minutes from downtown and the Notre Dame campus, this South Bend office building won’t last long! Pulling up, you’ll notice the off-street parking for 10 cars, new gutters, siding, and downspouts (2021).
Inside this two-unit building, there are 5 office rooms, 3 baths, and 3,252 sq. feet. The spacious sitting room welcomes you with plenty of natural light, a cozy fireplace, and a nest thermostat for your comfort.
A variety of updates are installed throughout the building in 2021 including new windows, fresh paint, and wood flooring. Around the corner, the main-unit kitchen is equipped with stainless steel appliances, a coffee bar, and plenty of room for storage. Downstairs, the unfinished basement offers an abundance of space for additional storage, extra supplies, and any other odds and ends. It also includes an updated electrical (2021) and a backup generator to avoid interruptions.
The property features two units available for your business or residential needs. Outside, you’ll find a wooden patio overlooking the wide, open yard. Google security cameras cover the street area providing added safety.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,252 SF
Building Class
C
Year Built
1925
Price
$479,900
Price Per SF
$148
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,626 SF
Slab To Slab
10’
Building FAR
0.36
Land Acres
0.21 AC
Zoning
C - Commercial
Parking
10 Spaces (3.66 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-09-07-156-020.000-026
Land Assessment
$39,800
Improvements Assessment
$117,000
Total Assessment
$156,800
  • Listing ID: 32243724

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 316 S Eddy St, South Bend, IN 46617

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