Commercial Sale For Sale

1416 Franklin Street, Michigan City, Indiana

QR Code
Property Description

This versatile space is designed for multi-tenant use, offering strong investment and income potential. 3 blocks from the new South Shore train Station and “The Franklin” luxury apartment development. On the street level along Franklin Street, you’ll find a spacious three-office suite along with a separate standalone retail space, perfect for a variety of business uses. The second floor features a residential unit with 2 bedrooms and 1.5 bathrooms–ideal for owner occupancy or rental income. The main building has a brand-new roof installed in 2025, adding peace of mind for future ownership. At the rear of the property on Ripley sits an industrial building, formerly home to a bolt company. This structure includes a loading dock and generous warehouse space, making it ideal for storage, light manufacturing, or distribution. Located in a rapidly developing area with increasing foot traffic and investment, this property offers endless possibilities for entrepreneurs and investors alike. Schedule your tour today and explore the potential firsthand.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA835851
Price : $649,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1947
Lot Area : 18,295 Sqft
Status : Active
Acres : 0.42
Property Subtype 1 : Mixed Use
Status : Active
Features
Heating System : Forced Air, Natural Gas
Basement : Yes
Parking : On Street
Exterior Features : Storage
Appliances
Appliances : Dryer, Refrigerator, Washer, Freezer, Gas Range
Address Map
Country : US
State : IN
County : La Porte
City : Michigan City
Street : Franklin
Street Number : 1416
Street Suffix : Street
Postal Code : 46360
Floor Number : 0
Longitude : W87° 6' 11''
Latitude : N41° 42' 32.1''
Directions : Franklin St to Ripley
Township : Michigan
MLS Addon
Office Name : Coldwell Banker Real Estate Gr
Listing Agent MLS ID : NRA13406
Listing Office MLS ID : NRA920
Annual Tax Amount : $5,663
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Commercial Sale For Sale
  • Listing ID : NRA835851
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 18,295 Sqft
$649,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent