1520 Portage Avenue

This unique property offers an excellent blend of residential and commercial potential in a highly visible location off of Portage Avenue, which leads directly to downtown South Bend. The two-story, three-bedroom, one-bath home is situated at the rear of the property, facing Queen Street. Currently rented under a 100% voucher section 8 year lease that expires in August 2025, it provides steady and reliable income. At the front of the property, facing Portage, there are two office spaces. The first office is currently occupied by a tailoring business on a month-to-month lease, offering flexibility for future use. The second office is vacant and ready to accommodate a new business or tenant. The property also includes a six-car parking lot next to the house, with additional street parking available for convenience. This setup makes it an ideal choice for investors or business owners looking for a mixed-use property in a prime location. Whether you’re expanding your investment portfolio or searching for a property that combines residential and commercial use, this opportunity offers unmatched versatility and potential.