For Sale
$74,900

31 Bus South Bend, IN 46614

0.72 Acres, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
127
Exceptional commercial land opportunity in South Bend, Indiana, totaling approximately 0.72 acres situated on US 31 South. This strategically located parcel offers significant development potential, boasting high visibility and convenient access to major transportation arteries. The property is zoned C: Commercial, allowing for a variety of uses. Currently generating $2,000 annual income from a billboard, this adds immediate return on investment. The site is conveniently located just one mile from the US 20 Bypass, 4.5 miles from IN-23, 5 miles from Downtown South Bend, 7 miles from Notre Dame University, 7 miles from IN-31/Capital Ave, and 7.5 miles from IN-2 West to Chicago. Neighboring a 2018-built Dollar General, this property benefits from established commercial presence. While there is an AEP easement along Old US 31 affecting approximately 0.11 acres, this will be fully explained. The property is within South Bend City limits and has an asking price of $74,900, translating to approximately $104,166.66 per acre. Annual property taxes are $681.66. This is a prime opportunity for investors seeking high-growth potential in a thriving commercial area. Don't miss this chance to acquire a highly visible and well-positioned commercial lot.

Highlights

  • Highly Competitive Asking Price
  • Excellent Redevelopment Potential

Property Details for 31 Bus

Property type
Land
Lot Size (sq. ft)
31,363 SF

Location Insight

City
South Bend
County
St Joseph
State
Indiana
Latitude
41.6103567105
Longitude
-86.253306187766
31 Bus, South Bend, Indiana

FAQs

What type of property is this?
Land - 0.72 Acres, High-Traffic Location
Where is the land located?
The property is located at 31 Bus South Bend, IN.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Highly Competitive Asking Price; Excellent Redevelopment Potential;
How can I contact the broker?
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31 Bus
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