Michigan City, IN 46360 1407 Franklin Street

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Presented By: Giorgios Karayannis with @properties/Christie's Intl RE - (219) 874-7070;
  • MLS# 810093
  • 05/02/2024
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 3
  • Full/Half Baths • 0 / 2

Home Details

Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafA(c) where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!
Presented By: Giorgios Karayannis with @properties/Christie's Intl RE - (219) 874-7070;

Interior Features for 1407 Franklin Street

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area4336
Interior AmenitiesChandelier
Laundry FeaturesIn Unit, Upper Level

General for 1407 Franklin Street

AppliancesBuilt-In Refrigerator, Washer/Dryer Stacked, Refrigerator, Microwave, Gas Range
CityMichigan City
CountyLa Porte
Electric100 Amp Service, Separate Meters, Circuit Breakers
Garage Y/NNo
HeatingForced Air, Varies by Unit, Radiant
Legal Description42-01-32-228-013 LAND CO 24 FT 3 IN S END LTS 11 & 14 BK106
LevelsOther
Listing TermsCash, Conventional
Lot Size Square Feet2178
New ConstructionNo
OwnerPaysAll Utilities
Pets AllowedYes
Property SubtypeApartment
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameN/A
Tax Annual Amount4482.45
Tax Year2023
TownshipMichigan
UtilitiesElectricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Year Built1928
Zoning DescriptionCommercial

Exterior for 1407 Franklin Street

Exterior AmenitiesNone
Lot Dimensions25x95
Lot FeaturesNear Public Transit
Lot Size Acres0.05
Lot Size SourceAssessor
Parking FeaturesOn Street
Total Parking0
Water SourcePublic

Additional Details

Price History

Brenda Clary

Price $339,000
MLS#810093
List Date 05/02/2024
Property Type Multi-Family
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