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51024 Portage Road LLC Warehouse 51024 Portage Rd 5,000 SF Vacant Industrial Building South Bend, IN 46628 $495,000 ($99/SF) 7.98% Cap Rate
Investment Highlights
- Private
- Three OH Doors 12x12 - 12x12 - 14x14
Executive Summary
All three bays leased or tenants may be moved to other property for owner use.
Property Facts
| Price | $495,000 | Building Class | C |
| Price Per SF | $99 | Lot Size | 1.00 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 5,000 SF |
| Cap Rate | 7.98% | No. Stories | 1 |
| Sale Condition | Sale Leaseback | Year Built | 1990 |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Price | $495,000 |
| Price Per SF | $99 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.98% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
- Security System
- Storage Space
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Clean Warehouse storage space with gas forced air overhead furnace. 12' x 12' OH Door with remote operator. New Bright & Efficient LED Lighting. Dry. New roof. OH door to adjoining 1,500 sqft space. Total of 5,000sqft available.
- 1st Fl - C
- 1,500 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - A | 1,500 SF | Industrial | Shell Space | Now |
| 1st Fl - B | 2,000 SF | Industrial | - | Apr 2026 |
| 1st Fl - C | 1,500 SF | Industrial | - | Now |
1st Fl - A
| Size |
| 1,500 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl - B
| Size |
| 2,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Apr 2026 |
1st Fl - C
| Size |
| 1,500 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - A
| Size | 1,500 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
1st Fl - B
| Size | 2,000 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Apr 2026 |
Clean Warehouse storage space with gas forced air overhead furnace. 12' x 12' OH Door with remote operator. New Bright & Efficient LED Lighting. Dry. New roof. OH door to adjoining 1,500 sqft space. Total of 5,000sqft available.
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 71-03-16-226-005.000-008 | Improvements Assessment | $18,000 |
| Land Assessment | $39,500 | Total Assessment | $57,500 |
Property Taxes
Parcel Number
71-03-16-226-005.000-008
Land Assessment
$39,500
Improvements Assessment
$18,000
Total Assessment
$57,500
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Global Realty Investments LLC
51024 Portage Road LLC Warehouse | 51024 Portage Rd
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