For Sale
$3,500,000

3707 Lathrop StSouth Bend, IN 46628

65,638 SF Warehouse/Distribution Center

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 65,638-square-foot industrial property, located at 3707 Lathrop Street in South Bend, Indiana, presents a compelling investment opportunity. Zoned for industrial use, this versatile building offers a flexible layout suitable for distribution, warehousing, or flex space needs. The property boasts five loading docks and a generous 16-foot ceiling height, enhancing operational efficiency. Situated on a 4.93-acre lot in St. Joseph County (APN: 71-03-28-451-006.000-009), it provides ample space for potential expansion. Its strategic location offers easy access to major transportation arteries, including the I-80/90 Toll Road, US 31 bypass, and South Bend Airport, ensuring seamless logistics. The flexible building layout allows for phased occupancy, providing potential income generation while awaiting lease expirations over the next two years. This feature offers a unique advantage for owner-users seeking to offset mortgage costs. The expansive land parcel further enhances its appeal to companies planning for long-term growth. The asking price for this prime industrial property is $3,500,000. This property is a rare find in a highly desirable location.

Highlights

  • Flexible layout allows owner-occupancy with phased lease-up over two years, generating income to offset mortgage payments.
  • Excellent location with convenient access to I-80/90 Toll Road, US-31 bypass, and South Bend Airport.
  • Expansion land available, attractive to companies seeking long-term growth.

Property Details for 3707 Lathrop St

Property type
Warehouses, Industrial properties
Square Feet
65,638 SF
Lot Size (sq. ft)
214,751 SF

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.708130560952
Longitude
-86.301297165044
3707 Lathrop St, South Bend, Indiana

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3707 Lathrop St
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