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Investment Highlights

  • Great Redevelopment Opportunity in South Bend’s Commercial Business District

Executive Summary

Three story historic concrete building (Club Fever) with large glass windows located in beautiful downtown South Bend. Currently has 6 bars in various settings, including a large two floor stage area for concerts, two kitchens and private lounges and Zoned CBD. There is a 15,960 SF basement in addition to the main level and 2nd floor.
Located in the central business district adjacent to restaurants, government offices and other retail and professional businesses in South Bend.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
31,920 SF
Building Class
C
Year Built
1972
Price
$1,115,512 CAD
Price Per SF
$34.95 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.93
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
15 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
77’ on Michigan St

Amenities

  • Signage
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Very bikeable
80/100

Nearby Major Retailers

Starbucks
Old National Bank
Lake City Bank
Centier Bank
PNC Bank
1st Source Bank
Fifth Third Bank
Trader Joe's

Property Taxes

Property Taxes

Parcel Number
71-08-12-158-005.000-026
Land Assessment
$80,735 CAD
Improvements Assessment
$1,316,025 CAD
Total Assessment
$1,396,760 CAD
  • Listing ID: 35171289

  • Date on Market: 2025-03-18

  • Last Updated:

  • Address: 222 S Michigan St, South Bend, IN 46601

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