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Listed by Laurie Ladow • Cressy & Everett - South Bend • Cell: 574-532-8779
$ 999,000
Est. payment /mo
Price Dropped by $101K
51539 Bittersweet Road Granger, IN 46530-9120
0.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202613094
Year Built 1988
Annual Tax Amount $4,600
Tax Year 2026
Lot Size 0.900 Acres
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
Area St. Joseph County
Direction 23 then south on Bittersweet, subject property will be down on your right
Interior
Flooring Carpet, Concrete, Mixed, Vinyl Tile, Tile
Appliance Building, Land
Exterior
Roof Type Asphalt
Building
Story 1
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613094
IDX information provided by the Indiana Regional MLS