1724 Ironwood DrSouth Bend, IN 46635

Property Details for 1724 Ironwood Dr

Year built

1989

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

2,877 SF

Property type

Retail properties

Property subtype

Retail space

APN

71-04-32-309-002.000-004

APU

710432309002000004

Description

This exceptional single-tenant office suite, identified as Suite A, is ideally situated at 1724 N Ironwood Dr, South Bend, Indiana, 46635. The property is classified as retail, office, and restaurant space, but this specific listing focuses on its use as a traditional office suite. Located in a high-traffic area, this suite offers significant visibility and accessibility for businesses. The building itself boasts energy-efficient features, contributing to lower operating costs and a commitment to sustainability. The suite is available for lease and presents a fantastic opportunity for a business seeking a well-located, efficient, and conveniently sized office space in South Bend. The property's precise latitude and longitude coordinates are 41.69864921229633 and -86.21642947208261 respectively. Further details regarding the specific square footage and lease terms are available upon request. This is a prime location for businesses seeking a strong presence in a vibrant South Bend commercial district. Interested parties are encouraged to inquire promptly to secure this desirable office space.

• CAP approach

  CAP return

  Valuation

  6%

  $744,336

  6.5%

  $687,080

  7%

  $638,003

• Comparable approach

  Method

  Valuation

  Relative Method

  $944,318

  Geo Method

  $944,318

• Alternative Use

  Use

  Valuation

  Residential

  $579,578

  Hospitality

  $530,890

  Educational

  $441,694

  Medical

  $456,885

  Retail

  $687,080

Location Insight

City

South Bend

County

St. Joseph

State

Indiana

Latitude

41.6987

Longitude

-86.2162

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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