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511 E Colfax Ave
South Bend, IN 46617
Class "A" Office with Condo - FSBO. 5% Comm. · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
6,151 SF
Building Class
B
Year Built/Renovated
1948/2007
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,151 SF
Building FAR
0.54
Lot Size
0.26 AC
Zoning
Downtown - Commercial downtown. Mixed use.
Parking
14 Spaces (0.93 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning

ABOUT 511 E COLFAX AVE , SOUTH BEND, IN 46617

This is an unusually nice office building that was completely renovated in 2007. The front portion of the building is a Class A office space with private offices, an open office cubical space, large conference room, kitchen with break area, handicap accessible restroom, and lobby meeting area. This front office has been tastefully renovated with unique wood doors and trimming that was custom built by a local Amish craftsman. Track lighting and large walls provide ample space for wall-mounted artwork and inspirational hangings. The back portion of the building includes an environmentally controlled lab/office and a production area with high ceilings, large overhead doors, exhaust, and 480V 3P electrical service. This space is suitable as an artist studio, inventor' s workshop, datacenter, production or warehousing space. The facility includes an upstairs owner' s Condo or separate office space and a courtyard with patio. The building is served by municipal utilities and has free unrestricted street parking and an on-site gated parking area. Utilities include gas, 120V electric, 480V 3P electric, water, trash removal, organic waste removal, and recycling. This property is located on highly visible Colfax Avenue in the up-and-coming East Bank Village business district in downtown South Bend Indiana; a high technology development area having nearby restaurants, bars, and retail. This Class A facility is located near AM General' s Corporate Office and 1/2 block from the East Race. The East Race Waterway provides a very scenic outdoor space with more than 5 miles of paved paths for those who prefer to walk while discussing business. This property is part of the East Bank Village development area and is zoned Central Business District (CBD) with regulations intended to encourage high-density development, a mixture of compatible urban uses, and a pedestrian friendly environment supportive of urban residential developments, retail, restaurant, theater and similar business and cultural uses typically associated with major metropolitan areas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-08-12-204-009.000-026
Land Assessment
$19,500
Improvements Assessment
$100,400
Total Assessment
$119,900
  • Listing ID: 8382756

  • Date on Market: 7/28/2017

  • Last Updated:

  • Address: 511 E Colfax Ave, South Bend, IN 46617

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