521 N Lafayette Blvd
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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 |
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Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (84)
PROPERTY TAXES
Parcel Number | 71-08-01-351-006.000-026 | Improvements Assessment | $4,100 |
Land Assessment | $11,500 | Total Assessment | $15,600 |
PROPERTY TAXES
Parcel Number
71-08-01-351-006.000-026
Land Assessment
$11,500
Improvements Assessment
$4,100
Total Assessment
$15,600
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521 N Lafayette Blvd
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