218 S Frances St - Office FOR SALE


South Bend, IN 46617- Northeast South Bend
$535,000 USD
574-250-8356
218 S Frances St, South Bend, IN for Sale
$535,000 USD
Office - FOR SALE
1/6
null | 6.5% Cap Rate

218 S Frances St
South Bend, IN 46617
Northeast South Bend


HIGHLIGHTS

  • https://cressy.com/astro-property/?property_id=1377

OVERVIEW

Built in 1972 with remodel in 2014, this professional office building has unique features excellent finishes. The building consists of 4,356 SF plus a 1,500 SF lower level and a loft area that could be finished as an office or apartment. The building is wired for server and computer as well. The lower level contains record storage areas. The property is serviced by a private security system. The property is zoned MU (Mixed Use) which allows for a wide range commercial uses. The building has exterior monument signage. Parking is at the rear of the property and accommodates 12 to 14 cars in addition to street parking.218 S. Frances Street is surrounded by professional offices, single family residential developments, medical offices and retail l businesses. It is well located in an emerging mixed use area with good access to major transportation infrastructure, minutes to the new Saint Joseph High School, South Bend Clinic, University of Notre Dame and downtown South Bend.

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

mixed use

APN/PARCEL ID

71-08-12-281-003.000-026

ASK ABOUT THIS PROPERTY

Shawn ToddNAI CressyMore Info
574-250-8356

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Shawn ToddNAI CressyMore Info
574-250-8356

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