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2701-03 Franklin Street

Michigan City, IN 46360
  • $675,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 801112
UPDATED: 64 min ago
$675,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,157
    SQFT
  • $162
    $/SQFT
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Listing provided by @properties/Christie's Intl RE: .

Description

BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's midtown area. This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner of the bustling Franklin Street, poised to capture maximum visibility and foot traffic, ensuring sustained profitability for years to come. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3 phase electric, all LED lighting, closed-cell insulation, Nova basement system, and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Where long-term tenants have already established a solid foundation, providing a steady stream of income from day one. Feel secure with an optometry practice established in1924 and an innovative salon as successful, long-term tenants providing reliability, securing this property's status as an exceptional high return. Join the ranks of visionary investors who recognize this prime location and claim your stake in the future of Michigan City!

Monthly Payment Calculator

Northwest Indiana REALTORS® Association Multiple Listing Service logo The content relating to real estate for sale and/or lease on this Web site comes in part from the Internet Data eXchange (“IDX”) program of the Northwest Indiana REALTORS® Association Multiple Listing Service (“NIRA MLS”). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers’ personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.

The accuracy of all information, regardless of source, is deemed reliable but is not warranted, guaranteed, should be independently verified and may be subject to change without notice. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. Featured properties may not be listed by the office/agent presenting this information.

NIRA MLS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO LISTINGS PROVIDED THROUGH THE IDX PROGRAM INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NIRA MLS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THESE LISTINGS.

Listings provided through the NIRA MLS IDX program are subject to the Federal Fair Housing Act and which Act makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. NIRA MLS does not knowingly accept any listings that are in violation of the law. All persons are hereby informed that all dwellings included in the NIRA MLS IDX program are available on an equal opportunity basis. Copyright 2024 NIRA MLS - All rights reserved. 800 E 86th Avenue, Merrillville, IN 46410 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of any listing provided through the NIRA MLS IDX program may be reproduced, adapted, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or any information storage and retrieval system, or otherwise, without the prior written permission of NIRA MLS. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. If you believe any NIRA MLS listing contains material that infringes your copyrighted work, please Click Here to review our DMCA policy and learn how to submit a takedown request. Data last updated 2024-04-24T11:53:41.73.

MLS Grid logo Based on information submitted to the MLS GRID as of 2024-04-24T11:53:41.73 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data relating to real estate on this Web site derive in part from the Greater Northwest Indiana Association of Realtors IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither McCormick Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Greater Northwest Indiana Association of Realtors.

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2701-03 Franklin Street Michigan City, IN 46360

  • Price: $675,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 64 min ago
  • MLS #: 801112
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,157
SQFT
$162
$/SQFT
1925
Built
County:
La Porte
Area:
Michigan City
Property Description
BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's midtown area. This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner of the bustling Franklin Street, poised to capture maximum visibility and foot traffic, ensuring sustained profitability for years to come. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3 phase electric, all LED lighting, closed-cell insulation, Nova basement system, and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Where long-term tenants have already established a solid foundation, providing a steady stream of income from day one. Feel secure with an optometry practice established in1924 and an innovative salon as successful, long-term tenants providing reliability, securing this property's status as an exceptional high return. Join the ranks of visionary investors who recognize this prime location and claim your stake in the future of Michigan City!
Exterior Features

Exterior Features StorageUncovered Courtyard Fencing None Lot Features Corner Lot

Interior Features

Appliances Water Heater Interior Features High CeilingsRecessed LightingStorage Laundry Features None

Property Features

Auction YN No Community Features Sidewalks Current Financing CashConventional Heating Natural Gas Listing Terms CashConventional Lot Size Dimensions 52x132 Parking Features Additional ParkingConcreteOn StreetOpenParking PadUnpaved Property Attached YN No Property Sub Type Retail Security Features Fire AlarmSecurity SystemSmoke Detector(s)Varies By Unit Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3628.2 Tax Year 2023 Township Michigan Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning Description Commercial

Listing information © 2024 NIRA MLS.
Listing courtesy of Giorgios Karayannis of @properties/Christie's Intl RE: .

Northwest Indiana REALTORS® Association Multiple Listing Service logo The content relating to real estate for sale and/or lease on this Web site comes in part from the Internet Data eXchange (“IDX”) program of the Northwest Indiana REALTORS® Association Multiple Listing Service (“NIRA MLS”). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers’ personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.

The accuracy of all information, regardless of source, is deemed reliable but is not warranted, guaranteed, should be independently verified and may be subject to change without notice. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. Featured properties may not be listed by the office/agent presenting this information.

NIRA MLS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO LISTINGS PROVIDED THROUGH THE IDX PROGRAM INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NIRA MLS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THESE LISTINGS.

Listings provided through the NIRA MLS IDX program are subject to the Federal Fair Housing Act and which Act makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. NIRA MLS does not knowingly accept any listings that are in violation of the law. All persons are hereby informed that all dwellings included in the NIRA MLS IDX program are available on an equal opportunity basis. Copyright 2024 NIRA MLS - All rights reserved. 800 E 86th Avenue, Merrillville, IN 46410 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of any listing provided through the NIRA MLS IDX program may be reproduced, adapted, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or any information storage and retrieval system, or otherwise, without the prior written permission of NIRA MLS. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. If you believe any NIRA MLS listing contains material that infringes your copyrighted work, please Click Here to review our DMCA policy and learn how to submit a takedown request. Data last updated 2024-04-24T11:53:41.73.

MLS Grid logo Based on information submitted to the MLS GRID as of 2024-04-24T11:53:41.73 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data relating to real estate on this Web site derive in part from the Greater Northwest Indiana Association of Realtors IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither McCormick Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Greater Northwest Indiana Association of Realtors.

Digital Millennium Copyright Act
 
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813 N. Superior Dr.
Crown Point IN, 46307
Listing provided by @properties/Christie's Intl RE: .