1801 Bend AveSouth Bend, IN 46637

Property Details for 1801 Bend Ave

Year built

1981

Construction

WOOD

Lot size

2.42 AC

Property size (Sq ft)

8,862 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

71-04-31-452-010.000-004

APU

710431452010000004

Description

The Campus Shoppes, a well-established multi-tenant retail center, offers exceptional office and retail space just east of the University of Notre Dame on South Bend Avenue (SR 23). This high-traffic location boasts three available suites: two retail spaces, measuring 2,375 and 2,500 square feet respectively, and a larger 11,000-square-foot office suite. The total building size is 32,658 square feet, with a minimum divisible space of 2,375 square feet and a maximum contiguous space of 11,000 square feet. The property is zoned as a Neighborhood Center and situated in St. Joseph County within a thriving commercial corridor between Edison Road and Ironwood Drive. Benefit from proximity to hundreds of new student apartments, creating a strong potential customer base. The area offers a diverse mix of established businesses including Martin's Supermarket, Starbucks, and several national restaurant chains, ensuring high visibility and foot traffic. Enjoy convenient access to the University of Notre Dame, downtown South Bend, Saint Mary's College, Holy Cross College, and Indiana University-South Bend (IUSB). Nearby developments include Eddy Street Commons and University Park Mall, further enhancing the location's appeal. Tenants are responsible for a pro-rated share of taxes, insurance, utilities, janitorial services, and trash removal (NNN). This presents a unique opportunity to establish a presence in a vibrant and strategically located commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $2,292,734

  6.5%

  $2,116,370

  7%

  $1,965,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,908,774

  Geo Method

  $2,908,774

• Alternative Use

  Use

  Valuation

  Residential

  $1,785,237

  Hospitality

  $1,635,267

  Educational

  $1,360,523

  Medical

  $1,407,314

  Retail

  $2,116,370

Location Insight

City

South Bend

County

St. Joseph

State

Indiana

Latitude

41.6976

Longitude

-86.2215

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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