LaSalle Hotel 237 N. Michigan Street - Downtown South Bend SB 237 N... · and the University of...

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Snapshot Building Size: 85,284 SF Space Available: 712 SF to 9,478 SF Land: 0.25 Acres Year Built: 1921 Zoning: CBD Parking: 68 Parking Spaces + Several Nearby Paid Parking Garages (1st Source Bank, Leighton Plaza, Main Street & Wayne Street) Utilities: Municipal Sprinkled: Yes HVAC: New Gas Heat & Central A/C Lease Rate: $12.00 to $20.00 PSF NNN Average Daily Traffic: 15,637 AADT (LaSalle Avenue) 20,192 AADT (Michigan Street) Property Details LaSalle Hotel, an 85,284 SF, 9-story historic building located in downtown South Bend, is being renovated and restored to its previous elegance. The building will feature 67 first-class apartments, as well as retail space that can accommodate tenant’s from 712 SF to 9,478 SF. The retail space will feature new gas heat and central air conditioning with many other updates, and may accommodate a variety of venues, restaurant/dining concepts and supporting retail services that could serve the residents of the building, the downtown community and visitors. There are several nearby parking garages (including 1st Source Bank, Leighton Plaza, Main Street and Wayne Street parking garages) to accommodate the business and entertainment venues throughout downtown. Also available to qualifying businesses is the downtown South Bend Municipal Riverfront Development District—a project district where three-way liquor licenses are made available to eligible dining, entertainment and cultural establishments. The LaSalle is listed on the National Register of Historic Places, the Indiana Register of Historic Sites & Structures, and is designated as a local landmark. The building features Georgian Revival architecture with scenic views of the St. Joseph River, downtown South Bend and the University of Notre Dame’s Golden Dome. LaSalle Hotel | 237 N. Michigan Street South Bend, Indiana Downtown Retail Space For Lease 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. 4100 Edison Lakes Parkway, Suite 350 Mishawaka, Indiana 574.271.4060 574.271.4292 Fax www.cressyandeverett.com Independently Owned and Operated SHAWN TODD Senior Broker 574.485.1520 [email protected] Flexible Retail Space Available In Renovated & Historic LaSalle Hotel

Transcript of LaSalle Hotel 237 N. Michigan Street - Downtown South Bend SB 237 N... · and the University of...

Page 1: LaSalle Hotel 237 N. Michigan Street - Downtown South Bend SB 237 N... · and the University of Notre ... South Bend serves as the main central business district for St. Joseph County

Snapshot

Building Size: 85,284 SF

Space Available: 712 SF to 9,478 SF

Land: 0.25 Acres

Year Built: 1921

Zoning: CBD

Parking: 68 Parking Spaces + Several Nearby Paid Parking Garages (1st Source Bank, Leighton Plaza, Main Street & Wayne Street)

Utilities: Municipal

Sprinkled: Yes

HVAC: New Gas Heat & Central A/C

Lease Rate: $12.00 to $20.00 PSF NNN

Average Daily Traffic: 15,637 AADT (LaSalle Avenue) 20,192 AADT (Michigan Street)

Property DetailsLaSalle Hotel, an 85,284 SF, 9-story historic building located in downtown South Bend, is being renovated and restored to its previous elegance. The building will feature 67 first-class apartments, as well as retail space that can accommodate tenant’s from 712 SF to 9,478 SF. The retail space will feature new gas heat and central air conditioning with many other updates, and may accommodate a variety of venues, restaurant/dining concepts and supporting retail services that could serve the residents of the building, the downtown community and visitors. There are several nearby parking garages (including 1st Source Bank, Leighton Plaza, Main Street and Wayne Street parking garages) to accommodate the business and entertainment venues throughout downtown. Also available to qualifying businesses is the downtown South Bend Municipal Riverfront Development District—a project district where three-way liquor licenses are made available to eligible dining, entertainment and cultural establishments.

The LaSalle is listed on the National Register of Historic Places, the Indiana Register of Historic Sites & Structures, and is designated as a local landmark. The building features Georgian Revival architecture with scenic views of the St. Joseph River, downtown South Bend and the University of Notre Dame’s Golden Dome.

LaSal le Hotel | 237 N. Michigan StreetSouth Bend, Indiana

Downtown Retai l Space For Lease

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.

4100 Edison Lakes Parkway, Suite 350Mishawaka, Indiana574.271.4060574.271.4292 Faxwww.cressyandeverett.com

Independently Owned and Operated

SHAWN TODDSenior [email protected]

Flexible Retail Space Available In Renovated & Historic LaSalle Hotel

Page 2: LaSalle Hotel 237 N. Michigan Street - Downtown South Bend SB 237 N... · and the University of Notre ... South Bend serves as the main central business district for St. Joseph County

LaSal le Hotel | 237 N. Michigan StreetSouth Bend, Indiana

Downtown Retai l Space For Lease

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.

4100 Edison Lakes Parkway, Suite 350Mishawaka, Indiana574.271.4060574.271.4292 Faxwww.cressyandeverett.com

Independently Owned and Operated

SHAWN TODDSenior [email protected]

Retail Floor Plan

Page 3: LaSalle Hotel 237 N. Michigan Street - Downtown South Bend SB 237 N... · and the University of Notre ... South Bend serves as the main central business district for St. Joseph County

LocationJoin an energetic and growing downtown community with several new residential/ condominium developments underway, new businesses and restaurants and the many entertainment venues. The LaSalle is located in the CBD on a high traffic signalized corner of LaSalle Avenue and Michigan Street adjacent to the Morris Performing Arts Center, Palais Royale and Jon R. Hunt Memorial Plaza. Downtown South Bend serves as the main central business district for St. Joseph County with a daily work population of approximately 20,000 from major employers such as Barnes and Thornburg, 1st Source Bank, Crowe Horwath, Teachers Credit Union, Beacon Health Systems and the County and City government offices.

LaSal le Hotel | 237 N. Michigan StreetSouth Bend, Indiana

Downtown Retai l Space For Lease

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.

4100 Edison Lakes Parkway, Suite 350Mishawaka, Indiana574.271.4060574.271.4292 Faxwww.cressyandeverett.com

Independently Owned and Operated

SHAWN TODDSenior [email protected]

Located In The Heart Of The Central Business District