Michigan City, IN 46360 710 Franklin Street
$1,600,000
Presented By: Michael Becze with McColly Real Estate - (219) 322-5508;
Home Details
Highly desirable property with options. Currently, this building is also 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. Don't miss this opportunity.
Presented By: Michael Becze with McColly Real Estate - (219) 322-5508;
Interior Features for 710 Franklin Street
Other Interior Features
Interior AmenitiesStorage
General for 710 Franklin Street
Building FeaturesMixed Use, Public Restrooms
CityMichigan City
Community FeaturesCurbs, Street Lights, Sidewalks
CountyLa Porte
DirectionsFrom Rt 12, head Southeast on Washington. Make a left on 7th St, property will be on your right.
ElectricOther
HeatingForced Air
Legal Description42-01-29-412-002 E O S N 1/2 LT 3 BLK 32. TIF ASSMT #51
Listing TermsCash, Conventional
Lot Size Square Feet20037.6
OwnerPaysAll Utilities
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLytles Sub
Tax Annual Amount10190
Tax Year2023
TownshipMichigan
UtilitiesCable Available, Water Available, Electricity Available, Sewer Available, Phone Available, Natural Gas Available
ViewDowntown, Trees/Woods
Year Built1914
Exterior for 710 Franklin Street
Exterior AmenitiesLighting
FencingNone
Lot Dimensions61FTx167FT
Lot FeaturesCorner Lot, Views, Near Public Transit
Lot Size Acres0.46
Lot Size SourceAssessor
Parking FeaturesAdditional Parking, Off Street, Paved, Parking Lot
Total Parking28
Water SourcePublic
Additional Details
Price History
