2221 S Michigan Street
$559,000
2221 S Michigan Street South Bend, IN 46613
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About this listing
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.
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Lot Area
14,810 sqft
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MLS ID
202339972
DESCRIPTION
- • Cooling: Central A/C
- • Heating Type: Forced Air
