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710 Franklin Street, Michigan City, IN 46360
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$1,600,000
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Home Details for 710 Franklin Street
Price
$1,600,000
Type
Commercial/Industrial
Year Build
1914
Sq. Ft.
21730
Lot Size
0.46
County
La Porte
Basement
Concrete
Tax
$10,190
MLS®️ Listing#
814372
On exitrealty.com
262 days
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.
- Utilities
- Cable Available
- Water Available
- Electricity Available
- Sewer Available
- Phone Available
- Natural Gas Available
- Parking
- Additional Parking
- Off Street
- Paved
- Parking Lot
- Cooling Information
- Central Air
- Heating Information
- Forced Air
- Water Features
- Public
- House Interior
- Storage
- Basement
- Concrete
Listing Courtesy: McColly Real Estate - 219-322-5508. Presented by: Michael Becze
Based on information submitted to the MLS GRID as of 2025-03-28 16:48:54. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2025-03-28 16:48:54
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Market statistics compiled from data from Greater Northwest Indiana Association of Realtors.
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$1,600,000
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