505 Lafayette BlvdSouth Bend, IN 46601

For Sale
$285,000

Prime Office Space, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 6,320 square foot, two-story office building, constructed in 1916, presents a unique investment opportunity in the heart of South Bend, Indiana. Located at 505 N Lafayette Blvd, at the corner of W Marion St, this property benefits from its strategic position within a rapidly developing area. The building currently offers 3,480 square feet of recently updated traditional office space, featuring private offices, conference rooms, and open work areas. Additional storage space is available in the basement and attic. The property also includes ample surface parking. Zoned for Neighborhood Center use, this building offers versatile potential, including conversion back to residential use. The building's proximity to the Beacon Medical Tower (300,000 square feet of medical, retail, and residential space) and the Madison Lifestyle District (240 new apartments, a hotel, and 40,000 square feet of commercial space) positions it for significant future appreciation. An adjacent property, 515 N Lafayette Blvd, is also available for purchase or lease, offering the potential for expansion. A virtual tour is available online. Asking price is $285,000.

Highlights

  • 6,320 SF two-story office building with 3,480 SF of recently updated space, including private offices, conference rooms, and open work areas; plus basement and attic storage.
  • Convertible to residential use.
  • Adjacent property at 515 N Lafayette Blvd available for purchase or lease.
  • Ample surface parking.
  • Virtual tour available.

Property Details for 505 Lafayette Blvd

Property type
Other office properties, Office properties
Square Feet
6,320 SF
Year Built
1916
Buildings
1
Stories
2

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.6821504
Longitude
-86.2539874
505 Lafayette Blvd, South Bend, Indiana

FAQs

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505 Lafayette Blvd
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