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521 Franklin Street, Michigan City, IN 46360
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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.
- Utilities
- Cable Connected
- Sewer Connected
- Water Connected
- Natural Gas Connected
- Electricity Connected
- Cooling Information
- Central Air
- Heating Information
- Central
- Water Features
- Public
- Basement
- Unfinished
Listing Courtesy: Coldwell Banker Realty - 269-469-3950. Presented by: Daren Huber
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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$1,650,000
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EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675