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521 N Lafayette Blvd

14,140 SF 100% Leased Office Building South Bend, IN 46601 $1,485,000 ($105/SF)

Investment Highlights

  • 515 N Lafaye e Blvd offers 7,820 SF of medical space including medical exam rooms, private offices, break areas, and reception
  • 505 N Lafayette Blvd offers 3,480 SF of recently updated traditional office space within a 6,320 SF building
  • Situated amidst significant redevelopment initiatives, these properties offers strategic positioning within the transforming landscape of downtown

Executive Summary

505-515 N Lafayette Blvd is a medical office building comprised of a traditional office structure connected to a converted residential home by a breezeway. Combined, the space offers over 11,000 square feet of office space, with dedicated surface parking and close proximity to the Beacon medical campus. At the corner of N Lafayette Blvd and W Marion St, the property is in the heart of major redevelopments. The Beacon Medical Tower to the north will bring 300,000 square feet of medical, retail, office, and residential space. To the south and east, the Madison Lifestyle District will reimagine several city blocks, bringing 240 new apartments, a hotel, and 40,000 square feet of commercial space. Don’t miss out on this great opportunity to bring your business downtown ahead of the next great phase of South Bend development.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
14,140 SF
Building Class
B
Year Built
2024
Price
$1,485,000
Price Per SF
$105
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
14,140 SF
Building FAR
0.98
Land Acres
0.33 AC
Parking
15 Spaces

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 14,140 SF
  • Office
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
1st Floor 14,140 SF Office Full Build-Out 30 Days

1st Floor

Size
14,140 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (84)
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
71-08-01-351-006.000-026
Land Assessment
$11,500
Improvements Assessment
$4,100
Total Assessment
$15,600
  • Listing ID: 31652038

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 521 N Lafayette Blvd, South Bend, IN 46601

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