3030 S Michigan Street
South Bend, IN, 46614 $ 499,900
Bedrooms-- Baths3.0 Sq 2,960 Monthly Estimate*
$ 3,119
for $499,900 with 3 full baths. This 2,960 square foot building was built in 1947 on a lot size of 0.27.
~~Prime Investment Opportunity â Historic Studebaker Office/Home Zoned Commercial & Residential~~ Donât miss this rare chance to own a beautifully preserved 1884 Studebaker-built property offering dual zoning for both commercial and residential use, making it perfect for investors, entrepreneurs, or professionals seeking a unique and functional space. Located on high-visibility South Michigan Street, this property includes the main building and two additional vacant lots, ideal for future development, expanded parking, or additional structures. Currently set up for mixed-use, the property features a spacious main floor that has operated as professional office space, with a private entrance, multiple office rooms, a half bath with an original marble sink, formal meeting room, and a grand foyer with an original ceramic fireplace. The second floor offers additional office or living space, including built-in shelving, an exterior door to a covered porch, and access to four bedrooms and a full bath. The lower level includes a large meeting or entertainment area, full bath, storm shelter, and additional rooms for workspace, storage, or staff use. With over 5,000 seasonal blooms and professionally landscaped grounds, the property creates a welcoming atmosphere for clients or guests. Structural enhancements, including seven steel beams and a full poured concrete foundation, make the building sturdy and adaptable for future use. A third-floor walk-up attic adds valuable storage, and the shed with electricity supports additional utility needs. This versatile space is perfect for law offices, accounting firms, creative studios, boutique businesses, or a charming bed & breakfast/Airbnb. Investors will appreciate the multiple revenue streams possible through live/work arrangements, office and short-term rentals, or mixed-use configurations. The wired fire alarm system, in-ground sprinkler, private parking lot, and low taxes only add to its appeal. This is a truly unique propertyârich in history, unmatched in craftsmanship, and loaded with income-generating potential. Properties like this rarely come to market.
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FeaturesGeneralHeating Conventional
Cooling Central Air
Ceiling Height 7ft
Roof Asphalt Shingle
Parking Yes Lot Paved
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 3
Year Built 1947
New Construction No
Subdivision None
Stories Count 2
Township Portage
Class COMMERCIAL
Type Office
Age 78
Special Features Handicap Access Living Space Basement Office Space
REO No
Status Detail 0
Area St. Joseph County
City South Bend
Legal Description LOT 1 POLACK MINOR SUB
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202531990
Agent First Name Kerrie
Agent Last Name Drury
DOM 126
Tax Year 2025
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ExteriorRoad Access City
Exterior Vinyl Wood Masonry
Lot Size Area 11826
Lot Dimensions 81X146
Parking Type Parking Lot
Water Features None
Waterfront Y/N No
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InteriorFlooring Carpet Concrete Laminate Tile
Basement/Foundation Full Basement Partially Finished
Walls Drywall
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* Excluded FeaturesList ByKerrie DruryListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $3,119
- Monthly Property Taxes
- $450
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in South Bend, IN
Average List Price $277,020
Percent of Sale Price 45%
About South Bend, IN 102,817 Population
-6% Since 2002
$ 37,136 Median Income
35.25 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/12/2025 | $499,900 | | Listed Price |