707 Scott StSouth Bend, IN 46601

  • Manufacturing properties
  • 3,937 SF
For Sale
$294,000 View listing

Property Details for 707 Scott St

Year built
1967
Construction
TYPE NOT SPECIFIED
Lot size
0.52 AC
Property size (Sq ft)
3,937 SF
Property type
Manufacturing properties
APN
71-08-11-452-009.000-026
APU
710811452009000026

Description

This exceptional 8,400-square-foot flex space property, located at 707 S Scott Street in South Bend, Indiana, presents a compelling investment opportunity. The building, situated on a 0.57-acre lot, offers a blend of warehouse and office space ideal for various industrial uses. Constructed in 1967 with a 3,000-square-foot addition completed in 2006, the property boasts 12- to 14-foot ceiling heights, providing ample vertical space for storage or manufacturing operations. A 961-square-foot office area offers administrative space, enhancing the property's functionality. The property's zoning is designated as Industrial, allowing for a range of permitted uses. Its strategic location in South Bend, near the intersection of United Drive and Chapin Street, offers convenient access to local and regional transportation networks, including proximity to train tracks on West Scott Street. The property's proximity to downtown South Bend ensures easy access to municipal and business services. The flexible layout is well-suited for warehousing and manufacturing activities. Furthermore, the possibility of combining this property with an adjacent property, sharing access, presents additional expansion potential. The asking price is $294,000, translating to $35 per square foot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $793,101
    Hospitality
    $726,476
    Educational
    $604,420
    Medical
    $625,207
    Retail
    $940,208

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.668
Longitude
-86.2594
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
$8,379
$13,600
$234,000
$247,600
-
$13,600
$234,000
$247,600

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