1501 Ironwood DrSouth Bend, IN 46635

This exceptional 5,000 square foot restaurant property, located at 1501 N Ironwood Dr in South Bend, Indiana, presents a compelling investment opportunity. Priced at $830,000 ($166/sq ft), this Class B building sits on a 0.52-acre lot and boasts a prominent position along Ironwood Drive, benefiting from high visibility and excellent signage. The property enjoys a daily traffic count of 15,529 vehicles. Built in 1968, the building received a new roof in 2021. Currently operating as the corporate headquarters for a well-established local Mexican restaurant since 1978, the property is zoned Community Business (CB) and features a net lease expiring in 2028. Its strategic location offers easy access to both South Bend and Mishawaka, and its proximity to the University of Notre Dame campus ensures a consistent customer base. Neighboring businesses include Mitch's Corner Sports Bar and the Original Pancake House, further enhancing the property's appeal and foot traffic. This is a rare opportunity to acquire a well-situated, income-producing restaurant property in a thriving area. The property's size, location, and lease terms make it an attractive investment for discerning buyers.