2016 Edison Rd, South Bend, IN 46617 For Sale

OUTSTANDING LOCATION!!! Approximately 1/2 mile from the University of Notre Dame campus, this property is a fantastic opportunity for high density redevelopment within walking distance of the campus. City of South Bend is very favorable to high density redevelopment. With nearly 200 FT of frontage on Edison Rd (16,800 cars daily), the property includes a 3,840 SF restaurant building sitting on a 0.45 acres parcel with a 0.22 acre vacant parcel also included in the sale for 0.67 acres total available for redevelopment. Combined lots' dimensions are 198X148. Current tenant Mandarin House is renting the building at $4,300/month Modified Gross. Property is centrally located in between the intersections of SR 23 and Edison Rd. (42,900 cars daily) and the intersection of N Ironwood Dr. and Edison Rd. (nearly 28,200 cars daily). On top of excellent proximity to Notre Dame, the property is close to both downtown South Bend and the Main St./Grape Rd. Shopping District in Mishawaka, both less than 3 miles away. Also 3 miles from the Indiana Toll Road Interchange at SR 933, and 6 miles to the South Bend International Airport. Zoned NC: Neighborhood Center, allowing a wide range of uses including but not limited to multi-family, restaurants, hotels, professional offices, and general retail. Taxes: $4,765. Tax Year: 2024, pay 2025.