Highly desirable property with options. Currently, this

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Commercial For Sale

710 Franklin Street

Michigan City, Indiana 46360

La Porte County

Community: Lytles Sub

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$1,600,000 0 br, 0.0 bath 21730 sq. ft. 0.460 acres

Highly desirable property with options. Currently, this building is also being offered for Lease. The highest and best use would be offices for mid to large offices/ businesses. Average price $12.00 per sq ft annually. This property would be ripe for conversion into apartments/lofts on the second floor, commercial retail on the first floor, and developing of the parking lot. This area is best suited for Mixed-use. See attached survey. This building is 4 blocks to the train with the new double track, express train to Chicago and all the new residential and commercial development that is currently on the way. Michigan City is set to be the next *it spot* and is only 1 hr. from Chicago and 20 mins to Michigan. 1.2 miles from Lake Michigan. This Lakefront community is poised to be the place to be. The building has 600AMP service and is located in a TIF and opportunity zone. Facade grants are available. Future restaurant owners or tenants can also obtain a 3-way liquor license. Don't miss this opportunity.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 21730
  • Year Built: 1914
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Forced Air
  • Garage: Off Street, Parking Lot, Paved or Surfaced
Exterior:
  • Lot Size: 0.460 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $10,190
  • MLS #: 814372
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Contact Information:
Beach Commercial For Sale in Michigan City, Indiana
Listing Agent: Michael Becze, McColly Real Estate, 219-378-8308, 219-322-5508 Listing Site, Listing Status: Active
Copyright © 2024 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5659759
Viewed 3 times.
Updated: Dec 30, 2024

This property is a Commercial located at 710 Franklin Street, Michigan City, Indiana 46360, and is currently For Sale at $1,600,000. This Commercial has 0 bedrooms, 0.0 baths, 21730 sq ft.