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602 Lincolnway East
South Bend, IN 46601
Asking Price
$525K
Asset Type
Retail
Class
Class B
What's Special
Retail | 2,760 SqFt <ul><li>Prime Lincolnway East Location – Strong visibility along the corridor connecting Mishawaka and Downtown South Bend. </li><li>Turnkey Salon Opportunity – Existing salon buildout in place, ideal for salon, spa, or beauty users. </li><li>Flexible Retail/Office Potential – Well-suited for boutique retail, service, or office use. </li><li>Proven Operating History – Home to a successful locally owned salon for nearly 30 years. </li><li>Surrounded by Growth – Near ongoing redevelopment and
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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.00%
Monthly Payment
$2,597.414
Annual Cash Flow
$48,831.037
