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23186 Ireland Rd 37,256 SF Industrial Building South Bend, IN 46614 $1,193,605 CAD ($32.04 CAD/SF) 6.76% Cap Rate
Investment Highlights
- Convenient Access to Major Routes
Executive Summary
Suite for lease as well as the entire building for sale. The 37,256 SF of space offers ample room for a wide range of industrial uses, including light manufacturing, warehousing, and service-related businesses. The property features several buildings of varying sizes, accommodating tenants with different square footage requirements and allowing for multi-tenant leasing opportunities for potential landlords. The surrounding acreage provides flexibility for outdoor storage, additional parking, or future expansion, making it a versatile and scalable option for businesses. Additionally, the property is equipped with several grade-level doors and one dock door, enhancing accessibility and logistics for efficient operations.
$51,941 ($4,328 per month). Additional vacant buildings and the excess land to potentially drive additional NOI.
The property is conveniently located just over 1.5 miles from US-20 St. Joe Valley Parkway, offering easy access to key transportation routes. Downtown South Bend is a short 15-minute drive away, while the University of Notre Dame is just 20 minutes from the location, making it ideal for both work and leisure. Situated on the southwestern edge of South Bend, the property benefits from proximity to major highways, including US 31 and the 20/31 Bypass, providing seamless connectivity to surrounding areas and beyond. This strategic location ensures a blend of accessibility and convenience for residents and visitors alike.
$51,941 ($4,328 per month). Additional vacant buildings and the excess land to potentially drive additional NOI.
The property is conveniently located just over 1.5 miles from US-20 St. Joe Valley Parkway, offering easy access to key transportation routes. Downtown South Bend is a short 15-minute drive away, while the University of Notre Dame is just 20 minutes from the location, making it ideal for both work and leisure. Situated on the southwestern edge of South Bend, the property benefits from proximity to major highways, including US 31 and the 20/31 Bypass, providing seamless connectivity to surrounding areas and beyond. This strategic location ensures a blend of accessibility and convenience for residents and visitors alike.
Property Facts
| Price | $1,193,605 CAD | Lot Size | 5.50 AC |
| Price Per SF | $32.04 CAD | Rentable Building Area | 37,256 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 6.76% | Year Built | 1976 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.27/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial - Industrial | ||
| Price | $1,193,605 CAD |
| Price Per SF | $32.04 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.76% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.50 AC |
| Rentable Building Area | 37,256 SF |
| No. Stories | 1 |
| Year Built | 1976 |
| Tenancy | Single |
| Parking Ratio | 0.27/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial - Industrial |
Amenities
- Air Conditioning
Utilities
- Water
- Sewer
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 37,256 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 37,256 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 37,256 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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23186 Ireland Rd
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