Description
Investment opportunity on the heavily traveled S Michigan St. (over 18,000 cars daily, INDOT Traffic Counts) in South Bend. This building offers 6,240 square feet of retail space split into 2 units each with their own basement. One half is rented out as a barbershop at $326/month and the other half is rented out as a bar at $750/month. Barbershop rent has been the same for years, this rent could easily be increased. Roof has been redone over the barbershop portion of the building 4 years ago. Also included in the sale is a .18 acre vacant lot next to the building with a curb cut totaling .36 acres total. Property is located 1.5 miles from Downtown South Bend, 1.7 miles from the US Bypass interchange, 3.5 miles from the University of Notre Dame, and 5.5 miles from the South Bend Airport. Zoned NC: Neighborhood Commercial.
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment opportunity on the heavily traveled S Michigan St. (over 18,000 cars daily, INDOT Traffic Counts) in South Bend. This building offers 6,240 square feet of retail space split into 2 units each with their own basement. One half is rented out as a barbershop at $326/month and the other half is rented out as a bar at $750/month. Barbershop rent has been the same for years, this rent could easily be increased. Roof has been redone over the barbershop portion of the building 4 years ago. Also included in the sale is a .18 acre vacant lot next to the building with a curb cut totaling .36 acres total. Property is located 1.5 miles from Downtown South Bend, 1.7 miles from the US Bypass interchange, 3.5 miles from the University of Notre Dame, and 5.5 miles from the South Bend Airport. Zoned NC: Neighborhood Commercial.
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