2221 Michigan, South Bend, IN 46613-2321 - Myers Trust

2221 Michigan, South Bend, IN 46613-2321

Overview

MLS ID: #202339972
Price: $ 559,000
Sq Ft: 7,574
Office SqFt: 7,574
Lot Size: 0.34 Acres
Year Built: 1899
Zoning:
Taxes: $ 4,050
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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.

MLS ID: 202339972

Details

Planned Unit Dev No
Auction No
Zoning Description Neighborhood Center
New Construction No
Number of Buildings 2
Building 1
Bldg 1 Above Ground SF 7,574
Bldg 1 Below Ground SF 0
Bldg 1 Stories 2
Bldg 1 Finished Office SF 0
Lot Dimensions 98x166
Approx Lot Size SqFt 14,810
Approx Lot Size Acres 0
Ceiling Height 10
Road Access City
Parking Yes
Parking Lot, Off-Street, Paved
Parking Type Parking Lot
# Parking Spaces 15
Total Restrooms 7
Interior Height 12
Column Spacing 12
Ingress/Egress Asphalt
Water Front No
Currently Leased No
Lease Term Remaining none
Sprinkler System Yes
Signs Yes
Sign Type Attached Building Signs
Fire Doors Yes
Enterprise Zone No
Sale Includes: Building, Land, Inventory
Heating/Fuel Forced Air
Cooling Central Air
Exterior Brick
Roof Material Flat
Interior Walls Concrete, Wood
Flooring Carpet, Ceramic Tile, Mixed, Vinyl Tile
Water Utility City
Sewer City
Special Features Basement
Annual Taxes $4,050.00

Map

Listing Office: Coldwell Banker Real Estate Group

Listing Agent: John Piraccini

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.