Prime Downtown Mixed-Use Building in the Arts District! Outstanding opportunity to own a 10-unit building right in the heart of the vibrant Arts District. The property features three street-level commercial spaces — two versatile office/retail storefronts and one restaurant space with established infrastructure. Upstairs, you’ll find seven unique apartments, each with its own character and layout, offering a mix of options for tenants seeking something distinctive. With a mix of 0pen loft-style stuidos and one-bedroom units, these apartments attract long-term renters who value individuality and prime downtown living. The building sits on a highly visible block surrounded by galleries, shops, and restaurants, making it a sought-after location for both commercial and residential tenants. Strong income from a diverse range of tenants make this a great investment opportunity.
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA828505
Price : $1,590,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1880
Lot Area : 12,371 Sqft
Status : Active
Acres : 0.284
Property Subtype 1 : Mixed Use
Status : Active
Features
Heating System : Central
Basement : Yes
Exterior Features : No
Address Map
Country : US
State : IN
County : La Porte
City : Michigan City
Street : Franklin
Street Number : 521
Street Suffix : Street
Postal Code : 46360
Floor Number : 0
Longitude : W87° 5' 53.2''
Latitude : N41° 42' 59.1''
Directions : US Hwy 12 to south on Washington, west on 4th St, South on Franklin.