235 Michigan StSouth Bend, IN 46601

For Sale
$700,000

Historic building, 22,810 SF retail space.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 22,810 square foot storefront, located at 235 S Michigan St in South Bend, Indiana, presents a compelling redevelopment opportunity. Built in 1925, this four-story historic building boasts multiple retail entrances on the ground floor, ideal for a variety of businesses. The upper three floors offer versatile space suitable for office, multifamily residential, storage, or other uses permitted within the DT-Downtown zoning district. The property sits on a 0.13-acre lot at a signalized intersection, ensuring high visibility and excellent foot traffic. Convenient street parking is available, supplemented by adjacent garage parking. Benefitting from low operating costs and property taxes, this "value-add" property is situated in the heart of downtown South Bend, within walking distance of county and city offices, financial institutions, hotels, restaurants, cafes, and residential complexes. Its prime location offers easy access to the University of Notre Dame, St. Mary's College, South Bend International Airport, US-31, and the I-80/90 Toll Road. The asking price is $700,000, translating to $30.69 per square foot. This is a rare chance to acquire a significant property in a thriving downtown area. The property's corner location at S. Michigan St. and Wayne St. provides unparalleled visibility and accessibility.

Highlights

  • 22,810 SF storefront at 235 S Michigan St, South Bend, IN.
  • Four-story, 1925 historic building with multiple ground-floor retail entrances.
  • Versatile upper floors suitable for office, multifamily, or storage; DT-Downtown zoning.
  • 0.13-acre lot at a signalized intersection with high visibility and foot traffic; convenient street and garage parking.
  • Low operating costs and property taxes; prime downtown location near amenities and major transportation routes.
  • $700,000 asking price ($30.69/SF).

Property Details for 235 Michigan St

Property type
Other retail properties, Individual retail properties
Square Feet
22,810 SF
Year Built
1925
Lot Size (sq. ft)
5,663 SF

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.673836
Longitude
-86.2507867
235 Michigan St, South Bend, Indiana

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235 Michigan St
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