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602 Lincolnway E
South Bend, IN 46601
Retail Property For Sale
Investment Highlights
- Strong visibility along Lincolnway E with an ADT of 12,289 vehicles.
- Flexible layout suitable for retail, office, or service-oriented businesses.
- Located near Downtown South Bend and major redevelopment projects.
- Existing salon buildout in place, reducing upfront costs for beauty or wellness users.
- 32 on-site surface parking spaces provide convenient customer access.
- Close proximity to the University of Notre Dame and Memorial Hospital.
Executive Summary
This freestanding retail property at 602 Lincolnway E offers a unique investment opportunity in a high-visibility corridor connecting Mishawaka and Downtown South Bend. The building spans 2,760 square feet and sits on a well-maintained site with 32 surface parking spaces. The property has been owner-occupied for decades, ensuring consistent upkeep and operational stability.
Positioned along Lincolnway E, the site benefits from an average daily traffic count of 12,289 vehicles, providing strong exposure for any business. The surrounding area is experiencing ongoing redevelopment and investment activity, enhancing long-term value potential. With flexible NC zoning, the property accommodates a range of uses, including retail, office, or specialty services.
This asset is offered at $525,000, presenting an attractive option for investors seeking a property with proven operating history and future growth prospects in a dynamic market.
Positioned along Lincolnway E, the site benefits from an average daily traffic count of 12,289 vehicles, providing strong exposure for any business. The surrounding area is experiencing ongoing redevelopment and investment activity, enhancing long-term value potential. With flexible NC zoning, the property accommodates a range of uses, including retail, office, or specialty services.
This asset is offered at $525,000, presenting an attractive option for investors seeking a property with proven operating history and future growth prospects in a dynamic market.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,760 SF
Building Class
C
Year Built
1966
Price
$720,552 CAD
Price Per SF
$261.07 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
NC - Neighborhood Center
Parking
42 Spaces (15.22 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 71-08-12-404-001.000-026 | Improvements Assessment | $102,524 CAD |
| Land Assessment | $47,488 CAD | Total Assessment | $150,012 CAD |
Property Taxes
Parcel Number
71-08-12-404-001.000-026
Land Assessment
$47,488 CAD
Improvements Assessment
$102,524 CAD
Total Assessment
$150,012 CAD
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