Excellent opportunity in an ongoing restaurant located on the heavily traveled corner of Michigan St. (18,000 cars daily) and Ewing Ave. (7,000 cars daily, INDOT). Very well maintained, the restaurant is still in operation and is turn-key ready for a new restaurant owner. The restaurant includes a diner style bar top, multiple booths and tables, multiple jukeboxes, a small arcade area, and a sizable kitchen. There is more space in the adjacent retail unit that could expand the restaurant, open the availability for private events, or lease out the unit separately for extra income. Also included with the property are 4 upstairs apartments, making this an opportunity for an investor as well that has a restaurant client or another use for the property altogether. Property has reasonable parking as well, with 2 parcels included in the sale (see aerial). Great proximity, only 1.5 miles from the heart of Downtown South Bend, 2 miles from Notre Dame University, 4 miles to Downtown Mishawaka, and 5 miles from the South Bend International Airport. Taxes: $4,050. Tax Year: 2022. Zoned NC: Neighborhood Commercial.
OWN YOUR OWN BUSINESS OR PURCHASE THE EXISTING BUSINESS . THERE IS APPROXIMATELY $ 100,000 IN INVENTORY THAT COULD BE BOUGHT . THE OWNER WOULD STAY ON FOR A PERIOD OF TIME TO HELP THE NEW OWNER WITH THE BUSINESS OR REPAIR OF LAMPS. NICE CORNER LOCATION FOR EXPOSURE SOME OFF STREET PARKING IN THE REAR OR STREET PARKING .
The median home value in South Bend, IN is $161,900. This is lower than the county median home value of $191,200. The national median home value is $338,100. The average price of homes sold in South Bend, IN is $161,900. Approximately 51.02% of South Bend homes are owned, compared to 35.68% rented, while 13.3% are vacant. South Bend real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Bend real estate agent to arrange a tour today!
South Bend, Indiana 46613 has a population of 102,786. South Bend 46613 is less family-centric than the surrounding county with 23.76% of the households containing married families with children. The county average for households married with children is 29.05%.
The median household income in South Bend, Indiana 46613 is $46,002. The median household income for the surrounding county is $58,599 compared to the national median of $69,021. The median age of people living in South Bend 46613 is 33.9 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 39.8 inches per year, with 63.3 inches of snow per year.