710 Franklin Street Michigan City, IN $ 21,730
710 Franklin Street
$ 21,730
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710 Franklin Street

Michigan City, IN, 46360
$ 21,730
Bedrooms-- Baths-- Sq 21,730
710 Franklin Street, Michigan City, IN 46360 - Image 1
710 Franklin Street, Michigan City, IN 46360 - Image 2

Property for Rent in Michigan City, IN

for $21,730. This 21,730 square foot property was built in 1914 on a lot size of 0.46.

Highly desirable property with options being offered for Lease. The highest and best use would be offices for mid to large offices/ businesses. Average price $12.00 per sq ft annually. This property would be ripe for conversion into apartments/lofts on the second floor, commercial retail on the first floor, and developing of the parking lot. This area is best suited for Mixed-use. See attached survey. This building is 4 blocks to the train with the new double track, express train to Chicago and all the new residential and commercial development that is currently on the way. Michigan City is set to be the next "it spot" and is only 1 hr. from Chicago and 20 mins to Michigan. 1.2 miles from Lake Michigan. This Lakefront community is poised to be the place to be. The building has 600AMP service and is located in a TIF and opportunity zone. Facade grants are available. Future restaurant owners or tenants can also obtain a 3-way liquor license. Utilities subject to negotiation. Don't miss this opportunity.

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Rental Active

Price

$ 21,730

Taxes

$ 10,190

Style

Mixed Use

Lot Size

0.46

Year Built

1914

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

814373

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Cable Available Water Available Sewer Available Phone Available Natural Gas Available Electricity Available
Year Built 1914
Electric Other
View Downtown
Township Michigan
Property Subtype Mixed Use
Tax Year 2023
Community Features Curbs Street Lights Sidewalks Lake
County La Porte
Property Type Commercial Lease
Building Features Passenger Elevator(s)
Status Active
Directions From Rt 12 head Southeast on Washington. Make a left on 7th St property will be on your right.
City Michigan City
Lot Size Square Feet 20037.6
Tax Annual Amount 10190
Ok to Lease Negotiable
Standard Status Active
Legal Description 42-01-29-412-002 E O S N 1/2 LT 3 BLK 32. TIF ASSMT #51
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Exterior
Exterior Amenities Lighting
Fencing None
Parking Features Attached Parking Lot Additional Parking Paved On Site Off Street
Lot Features Corner Lot Near Public Transit Many Trees
Water Source Public
Lot Dimensions 61FTx167FT
Lot Size Acres 0.46
Frontage Length 61FT
Lot Size Source Assessor
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Interior
Laundry Features None
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* Excluded Features
List By
Michael Becze

Listing Agent

Mccolly Real Estate

Broker

mikebecze@mccolly.com

Email

Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2024$21,730 Listed Price

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710 Franklin Street, Michigan City, IN, 46360 is a Property for Rent at $21,730 with 21,730 sqft and a lot size of 0.46. 710 Franklin Street was built in 1914. The property's zip code is 46360 which is in Michigan City, IN