2323-2325 Wabash Street Michigan City, IN ^$ 649,000

2323-2325 Wabash Street

^$ 649,000

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2323-2325 Wabash Street

Michigan City, IN, 46360

^$ 649,000

Bedrooms-- Baths-- Sq 9,381

Monthly Estimate*

^$ 4,049

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Commercial Property for sale in Michigan City, IN

for $649,000. This 9,381 square foot building was built in 1925 on a lot size of 0.11.

Be a part of Michigan City History. The Stadium Inn is one of the oldest and respected establishments in Michigan City. Restaurant and Bar with 2 leased apartments upstairs. Walk-in cooler, freezer, coolers in the bar area, True Refrigerator in kitchen as well as stove, oven, hood, and deep fryer. Roof is 2 to 5 years old. There are 3 new water heaters for building. Bar features 3 way liquor license, out door patio, all POS equipment included, incremental income on 3rd party juke box, pool table, dart machines, cash station. Pull tab sales also. Owner currently occupies 1 upstairs unit. Large parking lot behind building. Call today for a showing.

Commercial Active

Price

^$ 649,000

Property Type

Commercial

Taxes

^$ 4,638

Style

Mixed Use

Lot Size

0.11

Year Built

1925

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

829825

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Cable Connected Water Connected Sewer Connected Natural Gas Connected Electricity Connected

Appliances Dishwasher Washer Water Heater Range Hood Stainless Steel Appliance(s) Refrigerator Microwave Gas Water Heater Gas Range Freezer Dryer

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Year Built 1925

Electric 200+ Amp Service

View City

Township Michigan

Property Subtype Mixed Use

Tax Year 2024

County La Porte

Property Type Commercial Sale

Building Features Courtyard Private Restrooms Patio Multi Tenant

Status Active

Directions US-20 E turn left onto Ohio St. turn right onto W. Arthur St. turn left onto Wabash St. destination is on the left.

City Michigan City

Lot Size Square Feet 4791.6

Listing Terms Cash Owner Assisted Conventional

Tax Annual Amount 4638

Electric Expense 3000

Standard Status Active

Total Actual Rent 750

Legal Description 42-01-32-428-007 G & W LT 12 BLK 2.

Exterior

Exterior Amenities Private Yard

Parking Features Additional Parking Off Street Paved On Street Garage Door Opener Gravel Garage Faces Rear Attached

Lot Features Corner Lot Near Public Transit Private Few Trees

Water Source Public

Total Parking 50

Lot Size Acres 0.11

Lot Size Source Assessor

Waterfront Y/N N

Interior

Laundry Features Upper Level

* Excluded Features

List By

Nicholas Sommer

Listing Agent

Century 21 Alliance Group

Broker

nicksommer@21alliance.com

Affordability Calculator

$4,435

Per Month

Monthly Principal & Interest: $4,049
Monthly Property Taxes: $387
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Commerical listings in Michigan City, IN

Average List Price ^$842,826

Percent of Sale Price 30%

About Michigan City, IN

42,412 Population

-7% Since 2002

^$42,478 Median Income

40.4 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/24/2025	$649,000		Listed Price

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2323-2325 Wabash Street, Michigan City, IN, 46360 is a Commercial Property for sale at $649,000 with 9,381 sqft and a lot size of 0.11. 2323-2325 Wabash Street was built in 1925. The property's zip code is 46360 which is in Michigan City, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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2323-2325 Wabash Street

Commercial Property for sale in Michigan City, IN

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