Michigan City, IN 46360 710 Franklin Street
$21,730
Presented By: Michael Becze with McColly Real Estate - (219) 322-5508;
Home Details
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.
Presented By: Michael Becze with McColly Real Estate - (219) 322-5508;
Interior Features for 710 Franklin Street
Other Interior Features
Laundry FeaturesNone
General for 710 Franklin Street
Building FeaturesPassenger Elevator(s)
CityMichigan City
Community FeaturesCurbs, Lake, 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
Lot Size Square Feet20037.6
Ok to LeaseNegotiable
OwnerPaysSee Remarks
Property SubtypeMixed Use
Property TypeCommercial Lease
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10190
Tax Year2023
TownshipMichigan
UtilitiesCable Available, Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available
ViewDowntown
Year Built1914
Exterior for 710 Franklin Street
Exterior AmenitiesLighting
FencingNone
Frontage Length61FT
Lot Dimensions61FTx167FT
Lot FeaturesCorner Lot, Near Public Transit, Many Trees
Lot Size Acres0.46
Lot Size SourceAssessor
Parking FeaturesAdditional Parking, Off Street, Paved, Parking Lot, On Site, Attached
Water SourcePublic
Additional Details
Price History

Kallie Fuller
Real Estate Broker