$ 1,600,000
710 Franklin ST Michigan City, IN 46360
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$ 1,600,000
Est. payment | /mo
22,274 SqFt
$ 1,600,000
Est. payment | /mo
22,274 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
Listed by Coldwell Banker Real Estate Gr