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51024 Portage Road LLC Warehouse 51024 Portage Rd 5,000 SF 100% Leased Industrial Building South Bend, IN 46628 $395,000 ($79/SF) 10% Cap Rate

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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 $395,000
Price Per SF $79
Sale Type Investment or Owner User
Cap Rate 10%
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
  • 1st Fl - A
  • 1,500 SF
  • Industrial
  • Shell Space
  • Now
  • 1st Fl - B
  • 2,000 SF
  • Industrial
  • -
  • Now
  • 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 - Now
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
Now

1st Fl - C

Size
1,500 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - A

Size 1,500 SF
Space Use Industrial
Condition Shell Space
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-03-16-226-005.000-008
Land Assessment
$59,600
Improvements Assessment
$17,800
Total Assessment
$77,400
  • Listing ID: 38403890

  • Date on Market: 11/11/2025

  • Last Updated:

  • Address: 51024 Portage Rd, South Bend, IN 46628

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