710 Franklin ST Active

Michigan City,IN 46360

$ 1600000

- Bed

- Bath

22274 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 22,274 sqft

Price per Sqft $71

MLS Listing ID 808038

Year Built 1914

Annual Tax Amount $10,118

Tax Year 2023

Lot Size 6,764 Sqft

Acres 0.1553

Lot Dimensions 123 X 165

Property Description

Well presented and maintained masonry constructed buildingprominently located in the Michigan City 'Uptown Arts District. The property includes fully built out multiple commercial units, currently medical/dental offices. Total square footage 21,000 (+/_-) Includes ADA accessibility with elevator and on site parking. The building offers potential for many uses and would also be a good candidate for change of usage to lofts, apartments or condominiums on the upper floor.Michigan City has incentives- up to $12,000(+) per unit for qualifying development or conversation to residential usage. The parking lot sits on the corner of 7th and Franklin- prime location for future development. The retail unit - in clean sound condition ready for tenant buildout - has high ceilings, large west facing windows and entrance area, along withmodern mechanical services. C1 Zoning allows for many alternative uses including restaurant.

Location

State IN

County La Porte

Zoning Commercial

Interior

Heating Forced Air,Natural Gas

Fireplace N

Exterior

Exterior Feature Other

View Y/N true

View true

Others

Tax ID 46-01-29-412-002.000-022

Acceptable Financing NRA20240803224931397069000000

Listing Terms NRA20240803224931397069000000

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