326 Us-20
Michigan City, IN, 46360 $ 1,450,000
Bedrooms-- Baths-- Sq 8,098 Monthly Estimate*
$ 9,155
for $1,450,000. This 8,098 square foot building was built in 1952 on a lot size of 3.5.
Prime 3.5+/- Acre Commercial Development Opportunity on Highly Traveled Highway 20 in Michigan City, Indiana. Positioned along one of Michigan City's busiest commercial corridors, this 3.5-acre property offers exceptional visibility, strong traffic counts, and outstanding accessibility. Located directly on Highway 20 and surrounded by established national and regional retailers, service businesses, and commercial developments, the site provides an ideal setting for a wide variety of commercial uses. The property is strategically located just minutes from the Interstate 94 interchange, providing convenient access for local and regional customers alike. The surrounding area features major retail destinations including Meijer, Lowe's, Von Tobel, automotive dealerships, restaurants, and other thriving commercial businesses, creating a strong commercial presence and customer base. Previously operated as a motel, the property presents multiple redevelopment possibilities. Investors and entrepreneurs may choose to renovate and revive the existing motel operation or pursue a completely new commercial vision. Potential uses include hospitality, retail, office, medical, mixed-use development, self-storage, automotive services, restaurant concepts, or other commercial ventures, subject to local approvals. With its prime location, high visibility, excellent traffic exposure, and flexible development potential, this property offers a rare opportunity to establish or expand a business in one of Michigan City's most active commercial corridors. Endless possibilities await--bring your vision and capitalize on this exceptional Highway 20 location.
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FeaturesGeneralSewer Public Sewer
Heating Hot Water
Utilities Electricity Connected Water Connected Natural Gas Connected
Year Built 1952
Electric Other
Township Coolspring
Property Subtype Hotel/Motel
Tax Year 2025
County La Porte
Property Type Commercial Sale
Building Features Other Courtyard
Status Active
Directions from I-94 take Exit 34B to Highway 20 right to property on left.
City Michigan City
Lot Size Square Feet 152460
Listing Terms Cash Other Conventional
Tax Annual Amount 3844
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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ExteriorWater Source Public
Total Parking 30
Lot Size Acres 3.5
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByZakaria ElhidaouiListing Agent
@Properties/Christie's Intl ReBroker
zake@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,155
- Monthly Property Taxes
- $320
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Michigan City, IN
Average List Price $836,340
Percent of Sale Price 42%
About Michigan City, IN 42,412 Population
-7% Since 2002
$ 42,478 Median Income
40.4 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/22/2026 | $1,450,000 | | Listed Price |