$ 325,000
218-228 W 8th ST Michigan City, IN 46360
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$ 325,000
Est. payment | /mo
1,705 SqFt
$ 325,000
Est. payment | /mo
1,705 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,705 sqft
Price per Sqft $190
Subdivision Elstons
MLS Listing ID 505820
Year Built 1935
Lot Size 0.423 Acres
Acres 0.423
Lot Dimensions 55x165; 115x85
Property Description
Rare contiguous three lots on ideally situated corner with excellent visibility directly across from Lighthouse Place Premium Outlet mall, and within the historic Uptown Arts District and CBD of Michigan City. Current business (seasonal retail garden center, available separately) shows strong traffic and repeat customers. Existing building has approx 1705sf, with walk-in cooler, kitchen prep area, concrete floors and two roll-up garage doors to open plan, high-ceiling interior, that would make a dramatic dining area. New owner can purchase existing business and expand, or maximize the character of the site for outstanding restaurant location with excellent indoor/outdoor patio potential, or develop the lot to its full potential. Now that South Shore rail double-track project has been fully approved, this is an ideal investment site. Business and real estate available - #507190.
Location
State IN
County La Porte
Zoning Commercial
Interior
Interior Features Elevator
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
View true
Building
Lot Description Corner Lot
Others
Tax ID 460129453033000022
Acceptable Financing NRA20240111130306245979000000
Listing Terms NRA20240111130306245979000000
Listed by @properties/Christie's Intl RE