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Tim Haber

tim@teamhaber.com +1(260) 403-1940

Listed by Cressy & Everett - South Bend

$ 925,000

Est. payment | -/mo

5 Baths

0.9 Acres Lot

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$ 925,000

Est. payment | -/mo

Save Virtual Tour

5 Baths

0.9 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202613094

HOA Y/N No

Year Built 1988

Annual Tax Amount $4,600

Tax Year 2026

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 251 X 156

Property Sub-Type Retail

Property Description

This well-maintained commercial property offers a versatile investment opportunity featuring seven retail/office units plus a spacious warehouse currently operating as a fitness training facility. The warehouse space has a proven track record of adaptability, previously housing an HVAC company, making it suitable for a variety of commercial or industrial uses. The property has been consistently updated and carefully maintained, with major improvements including a new roof (2014), updated HVAC systems (2014–2018), and a complete parking lot tear-off and replacement (2012). Windows were replaced in phases, with half completed in 2018 and the remaining in early 2025. All units are clean, updated, and tenant-ready. Operational expenses are well-documented, providing transparency for investors. The property is serviced by well and septic (both original), with septic pumped annually and the well recently tested and approved during refinancing. The property also includes a prepaid connection for future city water and sewer hookup through St. Joseph County, offering long-term flexibility and added value. The parking lot is lighted for your convenience. With strong infrastructure, multiple income streams, and a history of consistent upkeep, this property is ideal for investors seeking a stable, income-producing asset with upside potential. Unit 51541 is currently broken into 3 suites with suite C being 2 rooms. Unit 51537 has a large area along with a storage room, break room and a private office. Units 51535 - 51541 have access to 2 bathrooms. Unit 51533 is currently used as a nail/lash/hair business. It has private rooms along with a general area and private bathroom. Unit 51529 is a massage business. This unit has a waiting area, private bath, laundry and 4 private rooms.

Location

State IN

County St. Joseph County

Rooms

Basement None

Interior

Heating Gas, Forced Air

Inclusions Building, Land

Fireplace N

Exterior

Parking Features Gravel, Parking Lot, Paved

Waterfront Description None

View Y/N true

Building

Sewer Private Sewer, Septic

Water Private, Well

New Construction No

Others

Pets Allowed No

Tax ID 71-05-18-326-006.000-011

Acceptable Financing IRM202613094

Listing Terms IRM202613094

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613094

Nearby Locations

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Tim Haber

Broker-Associate Lic# RB14046378

tim@teamhaber.com

+1(260) 403-1940

8101 Coldwater Rd, Fort Wayne, IN 46825

51539 Bittersweet RD Granger, IN 46530-9120

Tim Haber

Key Details

Location

Rooms

Interior

Exterior

Building

Others

51539 Bittersweet RD