218-228 W 8th Street Michigan City, IN $ 325,000
218-228 W 8th Street
$ 325,000
Share Save

218-228 W 8th Street

Michigan City, IN, 46360
$ 325,000
Baths0.0 Sq 1,705

Monthly Estimate*

$ 2,270

218-228 W 8th Street, Michigan City, IN 46360 - Image 1
218-228 W 8th Street, Michigan City, IN 46360 - Image 2
218-228 W 8th Street, Michigan City, IN 46360 - Image 3
218-228 W 8th Street, Michigan City, IN 46360 - Image 4
218-228 W 8th Street, Michigan City, IN 46360 - Image 5
218-228 W 8th Street, Michigan City, IN 46360 - Image 6
218-228 W 8th Street, Michigan City, IN 46360 - Image 7
218-228 W 8th Street, Michigan City, IN 46360 - Image 8
218-228 W 8th Street, Michigan City, IN 46360 - Image 9
218-228 W 8th Street, Michigan City, IN 46360 - Image 10
218-228 W 8th Street, Michigan City, IN 46360 - Image 11
218-228 W 8th Street, Michigan City, IN 46360 - Image 12
218-228 W 8th Street, Michigan City, IN 46360 - Image 13
218-228 W 8th Street, Michigan City, IN 46360 - Image 14
218-228 W 8th Street, Michigan City, IN 46360 - Image 15
218-228 W 8th Street, Michigan City, IN 46360 - Image 16
218-228 W 8th Street, Michigan City, IN 46360 - Image 17
218-228 W 8th Street, Michigan City, IN 46360 - Image 18
218-228 W 8th Street, Michigan City, IN 46360 - Image 19
218-228 W 8th Street, Michigan City, IN 46360 - Image 20
218-228 W 8th Street, Michigan City, IN 46360 - Image 21
218-228 W 8th Street, Michigan City, IN 46360 - Image 22
Studio

Commercial Property for sale in Michigan City, IN

for $325,000. This 1,705 square foot building was built in 1935 on a lot size of 0.423.

Rare contiguous three lots on ideally situated corner with excellent visibility directly across from Lighthouse Place Premium Outlet mall, and within the historic Uptown Arts District and CBD of Michigan City. Current business (seasonal retail garden center, available separately) shows strong traffic and repeat customers. Existing building has approx 1705sf, with walk-in cooler, kitchen prep area, concrete floors and two roll-up garage doors to open plan, high-ceiling interior, that would make a dramatic dining area. New owner can purchase existing business and expand, or maximize the character of the site for outstanding restaurant location with excellent indoor/outdoor patio potential, or develop the lot to its full potential. Now that South Shore rail double-track project has been fully approved, this is an ideal investment site. Business and real estate available - #507190.

See more

Commercial Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.423

Year Built

1935

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

505820

Features
General
Interior Features Elevator
Heating Natural Gas
Utilities Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Water Connected
Year Built 1935
Electric Circuit Breakers
Township Michigan
Property SubType Retail
Gross Income 0
County La Porte
Net Operating Income 0
Insurance Expense 1500
Property Type Commercial Sale
Subdivision Name Elstons
Building Features Business District Location Exposed Under Roof Ceiling(s) Exterior Lighting Patio Private Restrooms
Close Price 0
Status Active
Directions Corner of 8th and Wabash across from Mall.
City Michigan City
Zoning Description Commercial
Lot Size Square Feet 18425
Street Name 8th
Electric Expense 2000
Trash Expense 0
Standard Status Active
Total Actual Rent 50000
Taxes 1689
Legal Description Legal Description: 42-01-29-453-033 ELSTON 2ND SOUTH ADD EX. 85 FT S SD LTS 5 & 6 BLK 37 TIF ASSMT & 42-01-29-453-003 E O S LT 4 BLK 37. TIF ASSMT #51
See more
Exterior
Parking Features Paved
Lot Features Corner Lot
Water Source Public
Lot Dimensions 55x165; 115x85
Lot Size Acres 0.423
Frontage Length 165
See more
Interior
Street Suffix Street
See more
* Excluded Features
List By
Craig E Easly

Listing Agent

@Properties/Christie's Intl Re

Broker

craigeasly@atproperties.com

Email

Affordability Calculator

$2,270
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,270
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2022$325,000 -6.88% Price Down
1/17/2022$349,000 Listed Price

Map


See all

218-228 W 8th Street, Michigan City, IN, 46360 is a Commercial Property for sale at $325,000 with 1,705 sqft and a lot size of 0.423. 218-228 W 8th Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 46360 which is in Michigan City, IN