130 Main StSouth Bend, IN 46601

  • Office properties
  • 67,740 SF
For Lease
$21.50/SF/YR View listing

Property Details for 130 Main St

Year built
1998
Construction
STEEL FRAME
Property size (Sq ft)
67,740 SF
Property type
Office properties
APN
71-08-12-153-005.000-026
APU
710812153005000026

Description

Leighton Plaza, a Class A office building located at 130 S. Main St, South Bend, IN 46601, offers exceptional executive office space in the heart of the city's Central Business District (CBD). Built in 1990, this 63,780 square foot building boasts three total suites, with a minimum divisible space of 3,009 square feet and a maximum contiguous space of 11,995 square feet. Currently, 23,353 square feet of space is available for lease, offering multiple options to suit various business needs. The building's prime location provides easy access to downtown amenities and boasts a connected, covered parking facility for tenant convenience. A significant advantage is the inclusion of a world-class health and wellness facility within the plaza itself. This high-profile building is zoned for CBD use and is situated in St. Joseph County, Indiana. The available spaces range from approximately 2,767 square feet to the maximum contiguous 11,995 square feet, providing flexibility for businesses of all sizes. This is a rare opportunity to secure premium office space in a highly desirable location. Inquire today to learn more about leasing options and explore the possibilities of establishing your business in this exceptional South Bend property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,921,836
    6.5%
    $11,004,772
    7%
    $10,218,717
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,823,135
    Geo Method
    $8,823,135
  • Alternative Use

    Use
    Valuation
    Residential
    $13,645,917
    Hospitality
    $12,499,587
    Educational
    $10,399,510
    Medical
    $10,757,165
    Retail
    $16,177,015

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.6762
Longitude
-86.2522
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$161,725
-
$4,779,100
$4,779,100
-
-
$4,779,100
$4,779,100

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