$339,000/mo

1407 Franklin Street, Michigan City, IN 46360

  • 3 beds |
  • 2 baths
  • Property Icon Rental
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafA(c) where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!

Listing Status:
Active
Listing Office:
@properties/Christie's Intl RE : (219) 874-7070
Listing Agent:
Giorgios Karayannis :
MLS ID:
810093
  • General: Chandelier
  • Appliances: Built-In RefrigeratorWasher/Dryer StackedRefrigeratorMicrowaveGas Range
  • Laundry: In UnitUpper Level
  • Basement: Storage SpaceUnfinished
  • Heating: Forced AirVaries by UnitRadiant

This listing courtesy of Giorgios Karayannis, @properties/Christie's Intl RE

Location

Schools Nearby

M

Marsh Elementary School

400 E Homer St, Michigan City, IN, 46360

Grades KG-6

0.36 miles away

B

Barker Middle School

319 Barker Rd, Michigan City, IN, 46360

Grades 7-8

1.69 miles away

A

A K Smith Area Career Center

817 Lafayette St, Michigan City, IN, 46360

Grades 9-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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