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915S Ironwood Drive 915 S Ironwood Dr

2,240 SF Vacant Flex Building South Bend, IN 46615 $199,000 ($89/SF)

Investment Highlights

  • Great Investment Opportunity
  • Located 2 blocks from Indiana University South Bend (IUSB)

Executive Summary

Investment opportunity in River Park, just two blocks from Indiana University South Bend (IUSB). This property offers 2,240 square feet of space, featuring office space on the main floor and a 2-bedroom, 1-bathroom apartment upstairs. The building also has a full basement
finished as additional office space. Situated in an Urban Neighborhood Flex zone, it has municipal water and sewer utilities, gas forced heat, and central A/C. The property is currently vacant allowing a new owner to either occupy or rent out the suites. With annual taxes of $3,105.18 and on-site parking including a detached garage, this property is a smart investment in a great location.
The property is located on the east side of South Bend, IN on Ironwood Drive with average daily traffic counts of ~13,000. Located two blocks from Indiana University South Bend (IUSB) and minutes from downtown South Bend and downtown Mishawaka. The building is surrounded by single-family residential properties and commercial and retail businesses.

Property Facts

Price $199,000
Price Per SF $89
Sale Type Investment or Owner User
Property Type Flex
Rentable Building Area 2,240 SF
No. Stories 2
Year Built 1936
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (83)
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
71-09-17-101-002.000-026
Land Assessment
$5,600
Improvements Assessment
$103,300
Total Assessment
$108,900
  • Listing ID: 31584300

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 915 S Ironwood Dr, South Bend, IN 46615

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