100 Dixie Way

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H o spit al i ty Offe r i ng

100 Dixie Way South Bend, Indiana

New In 2009 | Upward Trending Revenues | Franchise Agreement In Place

Property Details

Snapshot

Flagged 71-room hotel built in 2009 located less than one mile from the University of

Building Size:

31,275 SF

Land:

1.49 Acres

Frontage: 150’

Notre Dame in South Bend, Indiana. This property is fully operating and has had upward trending revenues for the last three years. This three-story hotel includes amenities such as a fitness center, large breakfast area, self-service business center, meeting room, conference room, guest laundry facilities, an elevator and fireplace in lobby. The site

Year Built:

2009

is on 1.49 acres. The property is zoned B-Business Commercial district with a special

Zoning:

B-Business Commercial District (Special Exception for Hotel)

exception for hotel use.

Utilities:



Municipal

Annual Taxes:

$60,533.16 (2013 Pay 2014)

List Price:

$3,570,000

4100 Edison Lakes Parkway, Suite 350 Mishawaka, Iindiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated

For more information, please contact listing agent for full details.

RYAN GABLEMAN, SIOR Senior Broker 574.485.1502 (o) | 574.215.0336 (c) [email protected] Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

H o spit al i ty Offe r i ng

100 Dixie Way South Bend, Indiana

Great Location On High-Traffic Commercial Corridor Near Notre Dame

2013 DEMOGRAPHICS

1 MILE

3 MILE

5 MILE

POPULATION

4,182

57,547

143,407

NUMBER OF HOUSEHOLDS

1,684

20,861

54,915

$55,212

$56,924

$54,247

AVERAGE HOUSEHOLD INCOME

4100 Edison Lakes Parkway, Suite 350 Mishawaka, Iindiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated

Location Property is located in South Bend, Indiana less than one-quarter mile from the I-80/90 Indiana Toll Road (Notre Dame exit) on Dixie Way S (also known as US-933). This hotel is less than one mile from Notre Dame, and is two miles from downtown South Bend.

RYAN GABLEMAN, SIOR Senior Broker 574.485.1502 (o) | 574.215.0336 (c) [email protected] Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.