301 E Sample St, South Bend, IN 46601 For Sale

DWG Capital Group, as exclusive advisor, is pleased to present 301 E Sample Street, South Bend, Indiana, a ±65,256 SF freestanding industrial facility on ±4.37 acres (plus an adjacent ±1.93 AC excess development parcel) in the downtown South Bend industrial submarket. The asset is delivered vacant and offered for sale or lease for the first time in over twenty years.

The facility presents a sophisticated investor or owner-user with a multi-path repositioning opportunity in a 3.1% vacancy submarket with zero new industrial construction. Asking $5,500,000 (~$84 PSF) for sale, or $6.25 PSF NNN for lease (3.0% annual escalations), the asset is priced materially below regional industrial replacement cost and supports a credible five- to seven-year proforma stabilized value of $7M+ ($107+/SF) at a 7.00% exit cap.

Key facility attributes include 24' clear height throughout, 600A heavy power infrastructure (120/208V & 120/240V, 3-phase, 4-wire, 65K AIC) historically supporting multi-press industrial operations, 2 exterior dock-high doors plus 1 drive-in/grade-level door, substantial in-place office, conference, training, quality-control, sample-room, ink-mixing clean-room, and food-grade storage buildouts, dual street frontage on Sample Street (south) and Tutt Street (north), NY Central rail-corridor adjacency, and a ±1.93 AC adjacent excess development parcel suitable for IOS, trailer parking, build-to-suit, or independent disposition.

Execution paths include stabilized single-tenant lease-up, partial demise across the building's three functional production zones, sale to a credit user, or direct owner-occupancy. The facility is purpose-suited for manufacturing, printing, packaging, light tech, food-adjacent operations, distribution, contractor service, or owner-user occupancy.

South Bend sits at the intersection of I-80/90, I-94, and US-31, providing direct logistics access to Chicago (~97 mi), Toledo (~150 mi), Fort Wayne (~88 mi), Detroit, and the broader Great Lakes corridor. The asset is 2.5 miles from the University of Notre Dame within an established St. Joseph County industrial corridor. The South Bend industrial submarket is reporting 3.1% vacancy with 745K+ SF of recent net absorption, supported by limited functional infill inventory and continued Midwest onshoring tailwinds.