326 US-20 Michigan City, IN $ 1,450,000
326 US-20
$ 1,450,000
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326 US-20

Michigan City, IN, 46360
$ 1,450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,928

326 US-20, Michigan City, IN 46360 - Image 1
326 US-20, Michigan City, IN 46360 - Image 2
326 US-20, Michigan City, IN 46360 - Image 3
326 US-20, Michigan City, IN 46360 - Image 4
326 US-20, Michigan City, IN 46360 - Image 5
326 US-20, Michigan City, IN 46360 - Image 6

Commercial Property for sale in Michigan City, IN

for $1,450,000. This building was built in 1952 on a lot size of 3.5.

3.5 acres commercial lot on highway 20, this is one of the most desirable commercial sites in Michigan City, there is an existing vacant Motel building on the land, if you are in the motel business, this is your chance to renovate this Motel to meet the city requirements / code and start making money, if you are in a different business the options are endless, environment study already done along with stake survey, seller will consider leasing the Motel or the ground, call for more details, forgot to mention that there is a billboard on site bringing extra money every month.

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Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 3,814

Style

Hotel/Motel

Lot Size

3.5

Year Built

1952

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

807715

Features
General
Sewer Public Sewer
Heating Radiant
Utilities Electricity Connected Water Connected Sewer Connected Phone Connected Natural Gas Connected
Year Built 1952
Electric Other
Township Michigan
Property Subtype Hotel/Motel
Tax Year 2023
County La Porte
Property Type Commercial Sale
Building Features Other
Status Active
Directions on High way 20 right across from Vontobels
City Michigan City
Zoning Description Commercial
Lot Size Square Feet 152460
Listing Terms Cash Conventional
Tax Annual Amount 3814.64
Standard Status Active
Legal Description 13-05-04-377-002 IN E 1/2 SW 1/4 CMG 1300 FT E OF SW COR SW 1/4 S4 T37 R4. 3.5 A
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Exterior
Exterior Amenities Other
Parking Features Outside
Lot Features Level Rectangular Lot
Water Source Public
Total Parking 60
Lot Dimensions irreg
Lot Size Acres 3.5
Frontage Length 300'
Lot Size Source Assessor
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* Excluded Features
List By
Zakaria Elhidaoui

Listing Agent

Coldwell Banker Real Estate Gr

Broker

zake@coldwellhomes.com

Email

Affordability Calculator

$9,246
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
$318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2025$1,450,000 -9.38% Price Down
7/30/2024$1,600,000 Listed Price

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326 US-20, Michigan City, IN, 46360 is a Commercial Property for sale at $1,450,000 with a lot size of 3.5. 326 US-20 was built in 1952. The property's zip code is 46360 which is in Michigan City, IN