Commercial Sale For Sale

508 Wabash Street, Michigan City, Indiana

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Property Description

TURNKEY INVESTMENT OPPORTUNITY just blocks from Lake Michigan! Fully furnished and ready for immediate use, this unique 1870’s property offers the flexibility today’s investors are looking for, historic charm that sets it apart and modern convenience. You have the best of both worlds. Currently configured as two separate living spaces, the main level features 2 bedrooms and 2 bath, while the bright and sunny upper level offers 1 possible 2 bedrooms and 1 bath. Enjoy the deck surrounded by arborvitae, roses and hydrangeas. Best of all, BOTH levels are being sold completely furnished–making this a truly turnkey opportunity ready for your short term or long term rental strategy from day one. Original hardwood floors, doors and windows preserve the home’s historic character, complemented by modern updates including quartz countertops and NEW appliances. Commercial zoning opens the door to additional possibilities. The location is exceptional, located directly across from the Lighthouse Place premium outlet mall and just blocks from Lake Michigan beaches, downtown dining, coffee shops, the Washington park zoo, Blue Chip casino and vibrant Arts District, with Indiana Dunes National Park nearby. Priceless location that gives visitors everything they come to Michigan city to enjoy. So many possibilities with this property: Live in one and rent the other, operate both as rentals, or explore the property’s commercial potential. Furnished, flexible and positioned in the heart of Michigan City’s tourism district–bring your strategy and start generating possibilities from day one!

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA846452
Price : $440,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1870
Lot Area : 3,612 Sqft
Status : Active
Acres : 0.0829
Property Subtype 1 : Mixed Use
Status : Active
Features
Heating System : Forced Air, Natural Gas
Basement : Yes
Parking : Detached, Off Street, Driveway, On Street, Additional Parking, Garage Faces Front
Exterior Features : Storage, Balcony, Rain Gutters, Fire Pit
Interior Features : Double Vanity, Entrance Foyer, Kitchen Island
Appliances
Appliances : Microwave, Dryer, Refrigerator, Washer, Dishwasher, Gas Range, Stainless Steel Appliance(s), Gas Water Heater, Water Heater
Address Map
Country : US
State : IN
County : La Porte
City : Michigan City
Street : Wabash
Street Number : 508
Street Suffix : Street
Postal Code : 46360
Floor Number : 0
Longitude : W87° 5' 44.4''
Latitude : N41° 42' 58.2''
Directions : Hwy 12, south on Wabash Street
Subdivision : Elstos
Township : Michigan
MLS Addon
Office Name : Blackrock Real Estate Services
Listing Agent MLS ID : NRA17787
Listing Office MLS ID : NRA1876
Annual Tax Amount : $2,254
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Commercial Sale For Sale
  • Listing ID : NRA846452
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 3,612 Sqft
$440,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent