1030 E Jefferson Blvd - Medical FOR SALE


South Bend, IN 46617- Northeast South Bend
$2,550,000 USD
574-360-6881
1030 E Jefferson Blvd, South Bend, IN for Sale
$2,550,000 USD
Medical - FOR SALE
1/50
null | Request Cap Rate

1030 E Jefferson Blvd
South Bend, IN 46617
Northeast South Bend


HIGHLIGHTS

  • Excellent Office Building in Lively East Race, Close to Downtown South Bend
  • Corner of S Eddy St. and E Jefferson Blvd.
  • Over 36,000 SF Across 3 Floors and Finished Basement
  • Recently Upgraded with 6 Figure Renovation
  • 1.5 Miles to University of Notre Dame Campus
  • Great Visibility

OVERVIEW

Recently Reduced! Excellent opportunity in the former American National University building located in the lively and fast growing East Race District of Downtown South Bend. Sitting with prime visibility on the corner of E Jefferson Blvd (10,000 cars daily) and S Eddy St (21,300 cars daily, INDOT Traffic Counts), this building boasts over 36,000 SF spread across 3 floors and a finished basement with elevator access. Property has access to E Jefferson Blvd, S Eddy St, and S Frances St (S Frances St access has separate parcel ID number). Owner has recently renovated the building with 6 figures worth of upgrades, including but not limited to the elevator, restrooms, flooring, utilities, exterior upgrades to the building, and the parking lot. Property also enjoys fantastic proximity, just down the road from beautiful Howard Park, 3/4 of a mile from S Michigan St downtown, 1.5 miles from the University of Notre Dame, 3 miles from the Indiana Toll Road at IN-933, 3.5 miles from the Main St/Grape Rd Shopping Corridor in Mishawaka, 4 miles from the U.S. 20 Bypass, and 4.25 miles from the South Bend International Airport. Floor breakdowns for the building are as follows: Basement: Large mechanical room with outside access, 5 large classrooms, 1 small classroom, 1 office, restrooms, kitchenette, small study/break area, 2 electrical rooms, and 2 storage rooms. 1st Floor: Great reception area with entrances from both sides of the building with vestibules. 4 large classrooms, 18 offices, restrooms, ADA restroom, general work/study area, 3 storage rooms, and a janitorial room. 2nd Floor: 5 large classrooms, student lounge, library, 3 offices, meeting/break area, restrooms, storage room, and an electrical room. 3rd Floor: 6 large classrooms, 2 large lab classrooms with a washroom in between, restrooms, an office, storage room, janitorial closet, and roof access. Property is zoned NC: Neighborhood Commercial. NOTE: Property is tax exempt due to University ownership.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

NC: Neighborhood Comm

APN/PARCEL ID

71-08-12-281-010.000-026

ASK ABOUT THIS PROPERTY

John PiracciniColdwell Banker CommercialMore Info
574-360-6881

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John PiracciniColdwell Banker CommercialMore Info
574-360-6881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.