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Listed price in listed location currency (USD).
$1,590,000

000

MLS® 828505

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 21057 sqft
Garage 
Taxes $11,988
Days Active 205
Lot Size 
Approx. Age 1880
Avg. Price Per Sqft $75
MLS® Number 828505

Property Address: 521 Franklin St, Michigan City, IN, 46360-3328

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

Description

Prime Downtown Mixed-Use Building in the Arts District! Outstanding opportunity to own a 10-unit building right in the heart of the vibrant Arts District. The property features three street-level commercial spaces -- two versatile office/retail storefronts and one restaurant space with established infrastructure. Upstairs, you'll find seven unique apartments, each with its own character and layout, offering a mix of options for tenants seeking something distinctive. With a mix of 0pen loft-style stuidos and one-bedroom units, these apartments attract long-term renters who value individuality and prime downtown living. The building sits on a highly visible block surrounded by galleries, shops, and restaurants, making it a sought-after location for both commercial and residential tenants. Strong income from a diverse range of tenants make this a great investment opportunity.
MLS® Number828505
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2025List Date
$1,590,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 7, 2026List Date
$4,000List Price
  • Commute

Commute

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

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