2221 S Michigan Street, South Bend, Indiana

$559,000

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7

Baths

14,810

Square feet

0.34

Acres

About 2221 S Michigan Street

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.

Features of 2221 S Michigan Street

MLS® # 202339972
Price $559,000
Bathrooms 7.00
Square Footage 14,810
Acres 0.34
Year Built 1899
Type Commercial
Sub-Type Restaurant/Bar
Status Active

Community Information

Address 2221 S Michigan Street
Subdivision None
City South Bend
County St. Joseph County
State Indiana
Zip Code 46613

Amenities

Features Basement
Parking Spaces 15
Parking Lot, Off-Street, Paved
Is Waterfront No

Interior

Interior Concrete, Wood
Heating Forced Air
Cooling Central Air
# of Stories 2
Basement Full Basement

Exterior

Exterior Brick
Roof Flat
Construction Not Applicable

Additional Information

Days on Market 174
Zoning NC Neighborhood Center
Foreclosure No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentJohn Piraccini
OfficeColdwell Banker Real Estate Group
Contact InfoVM: 574-243-9522

Listing Map

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