2016 Edison Rd - Commercial LAND FOR SALE


South Bend, IN 46617- East Central29,185 SF
$869,000 USD
574-360-6881
2016 Edison Rd, South Bend, IN for Sale
$869,000 USD
Commercial LAND - FOR SALE
1/7
29,185 SF

2016 Edison Rd
South Bend, IN 46617
East Central


HIGHLIGHTS

  • 1/2 mile from the University of Notre Dame
  • In between corners of Edison Rd & N Ironwood Dr. and Edison Rd. & SR 23/S Bend Ave.
  • Less than 3 miles from DT South Bend and Mishawaka Shopping District
  • 196 FT of Frontage
  • Excellent High Density Redevelopment Opportunity
  • City of South Bend Favorable to High Density Redevelopment

OVERVIEW

OUTSTANDING LOCATION!!! Approximately 1/2 mile from the University of Notre Dame campus, this property is a fantastic opportunity for high density redevelopment within walking distance of the campus. City of South Bend is very favorable to high density redevelopment on these type of properties. With nearly 200 FT of frontage on Edison Rd (14,000 cars daily), the property includes a 3,840 SF restaurant building sitting on a 0.45 acres parcel with a 0.22 acre vacant parcel also included in the sale for 0.67 acres total available for redevelopment. Combined lots' dimensions are 198X148. Current tenant Mandarin House is renting the building at $4,300/month Modified Gross. Property is centrally located in between the intersections of SR 23 and Edison Rd. (nearly 38,000 cars daily) and the intersection of N Ironwood Dr. and Edison Rd. (nearly 28,000 cars daily). On top of excellent proximity to Notre Dame, the property is close to both downtown South Bend and the Main St./Grape Rd. Shopping District in Mishawaka, both less than 3 miles away. Also 3 miles from the Indiana Toll Road Interchange at SR 933, and 6 miles to the South Bend International Airport. Zoned NC: Neighborhood Center. Taxes: $5,068.96 Tax Year: 2020.

FOR SALE DETAILS

PRICE

$869,000 USD

PRICE/ACRE

$1,297,024/AC

PRICE/SF

$30 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2014 and 2016 Edison Rd.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Restaurant

LAND ACRES

0.67 AC

LAND SF

29,185 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Neighborhood Central

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John PiracciniColdwell Banker CommercialMore Info
574-360-6881

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John PiracciniColdwell Banker CommercialMore Info
574-360-6881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.