3030 Michigan St - Office FOR SALE


South Bend, IN 46614- Southside South Bend
$489,000 USD
574-607-3890
3030 Michigan St, South Bend, IN for Sale
$489,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

3030 Michigan St
South Bend, IN 46614
Southside South Bend


HIGHLIGHTS

  • Studebaker-built in 1884
  • Mixed Use--Zoned Commercial and Residential: Income Generating Potential---AirBnb, Bed and Breakfast, Office, Boutique/Retail
  • Original oak woodwork, built-in cabinetry and curio, grand foyer with original ceramic fireplace, detailed beam ceilings

OVERVIEW

~~Prime Investment Opportunity – Historic Studebaker Office/Home Zoned Commercial & Residential~~ Don’t miss this rare chance to own a beautifully preserved 1884 Studebaker-built property offering dual zoning for both commercial and residential use, making it perfect for investors, entrepreneurs, or professionals seeking a unique and functional space. Located on high-visibility South Michigan Street, this property includes the main building and two additional vacant lots, ideal for future development, expanded parking, or additional structures. Currently set up for mixed-use, the property features a spacious main floor that has operated as professional office space, with a private entrance, multiple office rooms, a half bath with an original marble sink, formal meeting room, and a grand foyer with an original ceramic fireplace. The second floor offers additional office or living space, including built-in shelving, an exterior door to a covered porch, and access to four bedrooms and a full bath. The lower level includes a large meeting or entertainment area, full bath, storm shelter, and additional rooms for workspace, storage, or staff use. With over 5,000 seasonal blooms and professionally landscaped grounds, the property creates a welcoming atmosphere for clients or guests. Structural enhancements, including seven steel beams and a full poured concrete foundation, make the building sturdy and adaptable for future use. A third-floor walk-up attic adds valuable storage, and the shed with electricity supports additional utility needs. This versatile space is perfect for law offices, accounting firms, creative studios, boutique businesses, or a charming bed & breakfast/Airbnb. Investors will appreciate the multiple revenue streams possible through live/work arrangements, office and short-term rentals, or mixed-use configurations. The wired fire alarm system, in-ground sprinkler, private parking lot, and low taxes only add to its appeal. This is a truly unique property—rich in history, unmatched in craftsmanship, and loaded with income-generating potential. Properties like this rarely come to market.

FOR SALE DETAILS

PRICE

$489,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Commercial/Residential

APN/PARCEL ID

71-08-24-326-002.000-026,71-08-24-326-003.000-026,71-08-24-326-004.000-026

ASK ABOUT THIS PROPERTY

Kerrie DruryRE/MAX 100More Info
574-607-3890

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Kerrie DruryRE/MAX 100More Info
574-607-3890

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