515 Lafayette BlvdSouth Bend, IN 46601

For Sale
$1,150,000

7,820 SF Medical Office, Downtown South Bend

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 7,820-square-foot medical office building, constructed in 1976, is strategically located at 515 N Lafayette Blvd in South Bend, Indiana, 46601. The single-story building sits on a prominent corner lot at the intersection of N Lafayette Blvd and W Marion St, placing it at the heart of major revitalization projects. The property is zoned for Neighborhood Center use and offers ample surface parking, with an additional overflow lot available at 311 W Marion St. The interior comprises numerous medical exam rooms, private offices, break areas, and a reception area, making it ideal for a variety of medical practices. This presents a unique opportunity to establish or expand a medical practice within a rapidly developing area. The property's proximity to the Beacon Medical campus, a future 300,000-square-foot development encompassing medical, retail, and residential spaces, and the adjacent Madison Lifestyle District, featuring 240 new apartments, a hotel, and 40,000 square feet of commercial space, ensures high visibility and strong potential for growth. The asking price is $1,150,000. There is also the possibility of acquiring additional space by purchasing or leasing the connected building at 505 N Lafayette Blvd via a breezeway. This property offers a compelling investment opportunity in a thriving, dynamic urban setting.

Property Details for 515 Lafayette Blvd

Property type
Other office properties, Medical offices
Square Feet
7,820 SF
Year Built
1976
Buildings
1
Stories
1

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.682298317197
Longitude
-86.253686124955
515 Lafayette Blvd, South Bend, Indiana

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515 Lafayette Blvd
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