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521 Franklin Street, Michigan City, IN 46360

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Listing Type
Commercial/Industrial
Listing Status
active
98
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$1,650,000

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Home Details for 521 Franklin Street
Price
$1,650,000
Type
Commercial/Industrial
Year Build
1880
Sq. Ft.
21057
Lot Size
0.284
County
La Porte
Basement
Unfinished
Tax
$11,988
MLS®️ Listing#
828505
On exitrealty.com
117 days
Property 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.
Property Features
Listing Courtesy: Coldwell Banker Realty - 269-469-3950. Presented by: Daren Huber
mls_icon Based on information submitted to the MLS GRID as of 2025-10-03 04:35:38. 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: 2025-10-03 04:35:38
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Market statistics compiled from data from Greater Northwest Indiana Association of Realtors.
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EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675
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$1,650,000

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EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675
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