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Listed price in listed location currency (USD).
$1,650,000

000

MLS® 828505

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 21057 sqft
Garage No
HOA Fees 
Taxes $11,988
Days Active 152
Approx. Age 1880
Avg. Price Per Sqft $78
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1880
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

Sep 29, 2025List Date
$1,650,000List Price
  • Commute

Commute

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

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