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710 Franklin St, Michigan City, IN

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,600,000

0028

MLS® 814372

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 21730 sqft
Garage No
HOA Fees 
Taxes $10,190
Days Active 385
Approx. Age 1914
Avg. Price Per Sqft $73
MLS® Number 814372

Property Address: 710 Franklin St, Michigan City, IN, 46360-3563

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

Description

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.
MLS® Number814372
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1914
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

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 30, 2024List Date
$1,600,000List Price
-End Date
Not Sold YetSold Price

For Rent

Dec 30, 2024List Date
$21,730List Price
  • Commute

Commute

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

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