USAINMichigan CityLand Companys Add1115 Franklin St
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$549,000

For Sale

A day ago

1115 Franklin St, Michigan City, IN

MLS® 835608

0 Bed

0 Bath

5737 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 5737 sqft
Garage No
HOA Fees 
Taxes $4,618
Days Active 1
Approx. Age 1900
Avg. Price Per Sqft $95
MLS® Number 835608

Property Address: 1115 Franklin St, Michigan City, IN, 46360

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity in the heart of downtown Michigan City! This fully leased, mixed-use property offers immediate cash flow and long-term upside in a highly desirable location. The street-level retail space enjoys excellent visibility and steady foot traffic, making it an ideal anchor for the property. Two residential apartments above the retail space provide consistent rental income---one of which has been completely renovated with modern finishes, offering strong tenant appeal and reduced maintenance concerns. Adding further value is a separate carriage house, enhancing the overall versatility of the property. All units are currently rented with active leases in place, making this a true turnkey investment. Situated in a vibrant corridor of Michigan City, this property is conveniently located one block from the south shore train station. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a prime location, this property delivers on all fronts!
MLS® Number835608
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$549,000List Price
  • Commute

Commute

Starting Address
Destination Address
1115 Franklin St, Michigan City, IN

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