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605 N Hickory Rd - 605 N Hickory Rd. - 0.75 Acre Outlot 0.75 Acres of Commercial Land Offered at $469,000 in South Bend, IN 46615


INVESTMENT HIGHLIGHTS
- Excellent visibility
- Perfect for a QSR, coffee shop, bank, professional office, or retail
- Zoned Commercial with Drive-Thru
- Great proximity
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$853
|
$1,137.33
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$853
|
$1,137.33
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $853 |
| Annual Per AC | $1,137.33 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $853 |
| Annual Per AC | $1,137.33 |
PROPERTY FACTS
| Price | $469,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.75 AC |
| Property Type | Land | ||
| Zoning | Commercial - South Bend City Commercial | ||
| Price | $469,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.75 AC |
| Zoning | Commercial - South Bend City Commercial |
1 LOT AVAILABLE
Lot
| Price | $469,000 | Lot Size | 0.75 AC |
| Price Per AC | $625,333.33 |
| Price | $469,000 |
| Price Per AC | $625,333.33 |
| Lot Size | 0.75 AC |
DESCRIPTION
Excellent opportunity on a Commercially zoned outlot on heavily traveled N Hickory Rd (13,000 cars daily) just north of McKinley Hwy (over 19,000 cars daily, INDOT Traffic Counts). This outlot is perfect for a multitude of drive-thru type uses including quick-service restaurants, coffee shops, or banks. With great visibility (over 210 feet of frontage on N Hickory Rd), this property would also be prime for uses such as professional offices, many forms of retail, or a standard sit-down restaurant. Fantastic proximity, only 1 mile away from the Grape Rd/Main St shopping corridor (one of the largest shopping corridors in the State including Costco, Super Target, UP Mall a Simon Mall, as well as many other shopping, professional/medical offices, restaurants, and entertainment options), 1.5 miles from Downtown Mishawaka and the beautiful Mishawaka Riverwalk, 2.5 miles from the University of Notre Dame, 2.5 miles to Downtown South Bend and the vibrant East Race District home to the exceptional Howard Park, and 3.5 miles from Granger, a highly sought after residential area with great demographics. Zoned C-Commercial with Drive-Thru (site plan to be approved by City of South Bend). Taxes: $852.80. Tax Year: 2024, pay 2025.
PROPERTY TAXES
| Parcel Number | 71-09-05-476-013.000-026 | Total Assessment | $25,400 |
| Land Assessment | $13,500 | Annual Taxes | $853 |
| Improvements Assessment | $11,900 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Presented by
605 N Hickory Rd - 605 N Hickory Rd. - 0.75 Acre Outlot
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