0 Franklin St Michigan City, IN $ 1,499,000
0 Franklin St
$ 1,499,000
Recently Listed New Construction
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0 Franklin St

Michigan City, IN, 46360
$ 1,499,000
Bedrooms-- Baths-- Sq 1

Monthly Estimate*

$ 9,230

0 Franklin St, Michigan City, IN 46360 - Image 1
0 Franklin St, Michigan City, IN 46360 - Image 2
0 Franklin St, Michigan City, IN 46360 - Image 3
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Commercial Property for sale in Michigan City, IN

for $1,499,000. This 1 square foot building was built in 1800 on a lot size of 1.72.

Prime Commercial Opportunity - Highway 421 (Franklin Street). Exceptional 1.72-acre corner lot located directly on highly traveled Highway 421 (Franklin Street) in the heart of Michigan City's primary retail corridor. This property offers excellent visibility, strong traffic counts, and easy access, making it ideal for retail, hospitality, restaurant, medical, or service-oriented development. The site is surrounded by major national retailers including Walmart Supercenter, Meijer, Lowe's Home Improvement, Menards, Hobby Lobby, TJ Maxx, R.P. Home & Harvest, Kohl's, and many others--creating a powerful retail draw and steady consumer traffic. Strategically positioned with 14 hotels within a one-mile radius and just minutes from the I-94 interchange, the location captures both local and interstate traffic. 1.2 acres development-ready at the front of the parcel Strong corner presence High-growth commercial corridor Excellent accessibility With approximately 3.3 million annual visitors, Michigan City continues to establish itself as a regional destination. The area is currently experiencing nearly 2 billion in ongoing and planned development, along with new residential communities under construction--driving additional demand and long-term growth. This is one of the last remaining commercial land opportunities on Franklin Street. contact us for more information.

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Commercial Active

Price

$ 1,499,000

Property Type

Commercial

Taxes

$ 1,290

Style

Unimproved Land

Lot Size

1.72

Year Built

1800

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

834470

Features
General
Sewer Public Sewer
Heating Other
Utilities Electricity Available Water Available Sewer Available Natural Gas Available
Year Built 1800
Electric Other
Township Michigan
Property Subtype Unimproved Land
Tax Year 2025
County La Porte
Property Type Commercial Sale
Building Features Business District Location
Status Active
Directions Highway 94 to North Michigan City Exit one block to property on the right side across the street from Panera Bread on Franklin St on the corner of Franklin St and the entrance of Walmart St.
City Michigan City
Zoning Description Commercial
Lot Size Square Feet 74923.2
Listing Terms Cash
Tax Annual Amount 1290
Standard Status Active
Legal Description 13-05-09-300-012 PCE 150 X 500 FT CMG 945 FT N & 52.29 FT E OF SW COR SW 1/4 S 9 T37 R4. 1.722 A
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Exterior
Exterior Amenities Other
Lot Features Corner Lot Rectangular Lot Few Trees
Water Source Public
Total Parking 0
Lot Size Acres 1.72
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Zakaria Elhidaoui

Listing Agent

Coldwell Banker Real Estate Gr

Broker

zake@coldwellhomes.com

Email

Affordability Calculator

$9,337
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
$108
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
2/24/2026$1,499,000 Listed Price

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0 Franklin St, Michigan City, IN, 46360 is a Commercial Property for sale at $1,499,000 with 1 sqft and a lot size of 1.72. 0 Franklin St was built in 1800. The property's zip code is 46360 which is in Michigan City, IN