505 Lafayette BlvdSouth Bend, IN 46601

For Sale
$1,485,000

Prime Medical & Traditional Office Space

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional South Bend, Indiana investment opportunity encompasses two buildings totaling 14,140 square feet on a prominent corner lot at 505-515 N Lafayette Blvd. The property features a blend of traditional and medical office space, with 7,820 square feet dedicated to medical use, including exam rooms, private offices, and ample break areas. The adjacent building offers 3,480 square feet of recently updated traditional office space, complete with private offices, conference rooms, and open work areas. Additional basement and attic space provides valuable storage. The buildings are connected by a breezeway and benefit from abundant surface parking. Strategically located in the heart of South Bend's revitalization, this property is ideally positioned to capitalize on the significant developments underway. The nearby Beacon Medical Tower and Madison Lifestyle District will bring hundreds of thousands of square feet of new medical, retail, residential, and commercial space, creating a thriving and dynamic environment. Built in 1916 and 1976, the property is zoned Neighborhood Center, offering flexibility and potential for future expansion. The asking price is $1,485,000. This is a rare chance to acquire a well-positioned, versatile office complex in a rapidly growing downtown area.

Highlights

  • 515 N Lafayette Blvd: 7,820 SF of medical office space with exam rooms, private offices, break areas, and reception.
  • 505 N Lafayette Blvd: 3,480 SF of recently updated traditional office space, plus basement and attic storage, in a 6,320 SF building with private offices and conference rooms.
  • Prime location in South Bend's revitalizing downtown, benefiting from nearby major developments.
  • Abundant on-site surface parking.

Property Details for 505 Lafayette Blvd

Property type
Other office properties, Medical offices
Square Feet
14,140 SF
Buildings
2

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.68229832
Longitude
-86.25368612
505 Lafayette Blvd, South Bend, Indiana

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505 Lafayette Blvd
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