1. Indiana
  2. Michigan City
  3. 710 Franklin Street
$1,600,000

710 Franklin Street, Michigan City, IN 46360

  • 21,730 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $74/sqft
  • Property List Date Icon Listed 8 months ago

Property 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.

Listing Status:
Active
Listing Office:
McColly Real Estate : (219) 322-5508
Listing Agent:
Michael Becze :
MLS ID:
814372
  • General: Storage
  • Basement: Concrete
  • Heating: Forced Air

This listing courtesy of Michael Becze, McColly Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marsh Elementary School

400 E Homer St, Michigan City, IN, 46360

Grades KG-6

0.69 miles away

B

Barker Middle School

319 Barker Rd, Michigan City, IN, 46360

Grades 7-8

2.11 miles away

A

A K Smith Area Career Center

817 Lafayette St, Michigan City, IN, 46360

Grades 9-12

0.48 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.