1505 W Indiana Ave - Restaurant FOR SALE


South Bend, IN 46613- Rum Village
$250,000 USD
574-261-3335
1505 W Indiana Ave, South Bend, IN for Sale
$250,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

1505 W Indiana Ave
South Bend, IN 46613
Rum Village


HIGHLIGHTS

  • Freestanding restaurant building
  • 1,584 SF | Two stories
  • Large 1.15 acre parcel
  • 173’ frontage on Indiana Ave
  • 45 parking spaces
  • Multiple commercial zoning designations (NC / I / UI)

OVERVIEW

Exceptional commercial opportunity spanning seven parcels (over an acre total), offering extensive space, two structures, and flexible use potential! 3-way liquor license. The main building features a former bar on the main level with an ideal layout for a restaurant, lounge, or entertainment venue. The upper level provides two areas previously used for private events, including graduations, parties, and community gatherings. A spacious outdoor patio enhances the property's entertainment appeal and is well-suited for outdoor dining, live music, seasonal events or your own Quinceaera! This amazing opportunity provides significant versatility for redevelopment, owner-operation, or investment. The property is being sold in as-is condition. Request your appointment today! Motivated seller!

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

NC, I, UI

APN/PARCEL ID

71-08-14-302-007.000-026

ASK ABOUT THIS PROPERTY

Irma BuczynskiCressy & Everett Real EstateMore Info
574-261-3335

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Irma BuczynskiCressy & Everett Real EstateMore Info
574-261-3335

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