261 Medical Plaza Michigan City, IN ^$ 250,000

261 Medical Plaza

^$ 250,000

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261 Medical Plaza

Michigan City, IN, 46360

^$ 250,000

Bedrooms-- Baths-- Sq 3,240

Monthly Estimate*

^$ 1,539

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Commercial Property for sale in Michigan City, IN

for $250,000. This 3,240 square foot building was built in 1986 on a lot size of 0.05.

This Commercial Condo Unit has great visibility in a well maintained medical plaza. It features 9 private office rooms and open office spaces. Front and rear entrances. Staff parking in the rear and customer parking in the front. Located in established Business Park in downtown Michigan City area. Existing layout has 9 offices and 2 large open areas. Property is located in Enterprise Zone.

Commercial Active

Price

^$ 250,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.05

Year Built

1986

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

813518

Features

Interior

Interior Amenities Entrance Foyer Laminate Counters

General

Sewer Public Sewer

Heating Forced Air

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected Natural Gas Available

Appliances None

Year Built 1986

Electric 100 Amp Service 200+ Amp Service

View City

Township Michigan

Property Subtype Business

Tax Year 2024

Gross Income 0

County La Porte

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale

MaintenanceExpense 0

Subdivision Name None

Building Features Meeting Room Mixed Use Office Park Location Acoustical Ceiling(s) Exterior Lighting Public Restrooms

Status Active

Directions Property located between Michigan Blvd. and Pine St. and 4th and 5th streets.

City Michigan City

Lot Size Square Feet 2178

Listing Terms Cash Lease Purchase Conventional Contract

Tax Annual Amount 0

Electric Expense 0

Trash Expense 0

Standard Status Active

Total Actual Rent 0

Taxes 0

Legal Description 42-01-29-261-024 MEDICAL PLAZA BUILDING 1 - UNIT F - 261 & 16.67% UND INTEREST IN COMMON AREA TIF ASSMT #51

Exterior

Exterior Amenities Lighting Rain Gutters

Fencing None

Parking Features Asphalt

Lot Features Landscaped Sprinklers In Front Near Public Transit Paved

Water Source Public

Total Parking 20

Lot Dimensions 32x40

Lot Size Acres 0.05

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Kathleen Carr

Listing Agent

Coldwell Banker Real Estate Gr

Broker

kcarr@coldwellhomes.com

Affordability Calculator

$1,539

Per Month

Monthly Principal & Interest: $1,539
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in Michigan City, IN

Average List Price ^$850,563

Percent of Sale Price 240%

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
12/1/2024	$250,000		Listed Price

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261 Medical Plaza, Michigan City, IN, 46360 is a Commercial Property for sale at $250,000 with 3,240 sqft and a lot size of 0.05. 261 Medical Plaza was built in 1986. 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 6.25% 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.

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 2/2/2026.

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261 Medical Plaza

Commercial Property for sale in Michigan City, IN

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