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    Trail Creek, IN Long Beach, IN Beverly Shores, IN Chesterton, IN La Porte, IN New Buffalo, MI Michiana, MI Westville, IN
    Modern Commercial Space on 4.5 Acres
    Updated: Sep 25, 2024
    Modern Commercial Space on 4.5 Acres

    9856 W 400 N, Michigan City, IN 46360

    $899,900
    3,069 sqft 4.35 AC lot
    Prime location with high visibility near Highway 421 and I‑94, providing easy access to Chicago and Northwest Indiana.
    Flexible space suitable for various professional uses, including medical, dental, veterinary, or banking.
    Functional layout featuring multiple patient rooms, a large lobby, lab, and break room.
    Ample room for future expansion on just under 4.5 acres.
    20+ parking spaces available.
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    This listing looks promising.

    Here's a quick look at some key insights for

    9856 W 400 N, Michigan City, IN 46360

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $60K
      Annual

    • Mortgage

      $520K
      Dec 2011

    • Property Type

      Medical Building
      Built 1998
    View Property Analytics
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 1 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Bank Facility in Cassopolis
    Former Bank Facility in Cassopolis

    116 S Broadway St, Cassopolis, MI 49031

    $350,000
    8,048 sqft 0.85 AC lot

    Two-building former bank facility with drive-thru on 0.85 acres.

    View details
    Former Bank Facility in Cassopolis
    Former Bank Facility in Cassopolis

    116 S Broadway Street, Cassopolis, MI 49031

    $350,000
    8,048 sqft 0.85 AC lot

    8,048 SF former bank facility on 0.85 acres.

    View details
    High-Traffic Retail Corridor Opportunity
    High-Traffic Retail Corridor Opportunity

    5231 S Pulaski Rd, Chicago, IL

    $3,169,800
    6,600 sqft 1.14 AC lot

    Retail property in high-traffic Chicago location near transportation.

    View details
    Wicker Park Commercial Condo Investment
    Wicker Park Commercial Condo Investment

    1747 W NORTH Avenue #C, Chicago, IL 60622

    $380,000
    1,200 sqft

    Leased commercial condo in Wicker Park with reliable income.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details
    Hard-Lighted Corner Development Site
    Hard-Lighted Corner Development Site

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

    View details
    Commercial Land in Terrytown
    Commercial Land in Terrytown

    121 Holmes Boulevard, Terrytown, LA 70056

    $65,000

    Vacant commercial land ready for development in Terrytown, Louisiana.

    View details
    Cape Coral Commercial Land Opportunity
    Cape Coral Commercial Land Opportunity

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner property near US 41, approved for development.

    View details

    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3905 Franklin St
    FINANCIAL BUILDING

    3905 Franklin St, Michigan City, IN 46360-7314

    Value Estimation by Request
    2,636 sqft
    View details
    3710 Franklin St
    FINANCIAL BUILDING

    3710 Franklin St, Michigan City, IN 46360-7311

    Value Estimation by Request
    2,583 sqft 0.91 AC lot
    View details
    5501 Franklin St
    FINANCIAL BUILDING

    5501 Franklin St, Michigan City, IN 46360-7854

    Value Estimation by Request
    1,752 sqft 0.77 AC lot
    View details
    1015 Woodland Ave
    FINANCIAL BUILDING

    1015 Woodland Ave, Michigan City, IN 46360

    Value Estimation by Request
    2,298 sqft 0.42 AC lot
    View details
    947 Woodland Ave
    FINANCIAL BUILDING

    947 Woodland Ave, Michigan City, IN 46360-5672

    Value Estimation by Request
    655 sqft 0.55 AC lot
    View details
    950 Us Hwy 20
    FINANCIAL BUILDING

    950 Us Hwy 20, Michigan City, IN 46360-7470

    $765,000
    Estimated value
    11,276 sqft 3.99 AC lot
    View details
    1315 Southwind Dr
    FINANCIAL BUILDING

    1315 Southwind Dr, Michigan City, IN 46360-7845

    Value Estimation by Request
    1,851 sqft 0.90 AC lot
    View details
    3064 Ohio St
    FINANCIAL BUILDING

    3064 Ohio St, Michigan City, IN 46360-6866

    Value Estimation by Request
    6,416 sqft 1.00 AC lot
    View details
    2801 Michigan Blvd
    FINANCIAL BUILDING

    2801 Michigan Blvd, Michigan City, IN 46360

    Value Estimation by Request
    0.36 AC lot
    View details
    4366 Franklin St
    FINANCIAL BUILDING

    4366 Franklin St, Michigan City, IN 46360

    Value Estimation by Request
    3,215 sqft 0.86 AC lot
    View details
    3631 Franklin St
    FINANCIAL BUILDING

    3631 Franklin St, Michigan City, IN 46360-7308

    $790,000
    Estimated value
    13,337 sqft 3.54 AC lot
    View details
    2604 Franklin St
    FINANCIAL BUILDING

    2604 Franklin St, Michigan City, IN 46360-4545

    Value Estimation by Request
    4,112 sqft 0.67 AC lot
    View details
    4136 Dunes Hwy
    FINANCIAL BUILDING

    4136 Dunes Hwy, Michigan City, IN 46360-6676

    Value Estimation by Request
    776 sqft 0.14 AC lot
    View details
    4136 Dunes Hwy
    FINANCIAL BUILDING

    4136 Dunes Hwy, Michigan City, IN 46360-6676

    Value Estimation by Request
    1,676 sqft 0.14 AC lot
    View details
    4136 Dunes Hwy
    FINANCIAL BUILDING

    4136 Dunes Hwy, Michigan City, IN 46360-6676

    Value Estimation by Request
    1,368 sqft 0.14 AC lot
    View details
    4136 Dunes Hwy
    FINANCIAL BUILDING

    4136 Dunes Hwy, Michigan City, IN 46360-6676

    Value Estimation by Request
    960 sqft 0.22 AC lot
    View details
    4136 Dunes Hwy
    FINANCIAL BUILDING

    4136 Dunes Hwy, Michigan City, IN 46360-6676

    Value Estimation by Request
    0.20 AC lot
    View details
    1025 Carroll Ave
    FINANCIAL BUILDING

    1025 Carroll Ave, Michigan City, IN 46360-5660

    Value Estimation by Request
    3,425 sqft 1.31 AC lot
    View details

    Michigan City, IN Banks Market Trends and Statistics

    Explore 19 banks for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 3,069 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for bank buildings in Michigan City, IN start at $899,900, averaging $899,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 3
    Storefront properties 3
    Car washes 2
    Shopping centers 2
    Auto shops 1

    Demographics Overview

    Population 44K
    Population Growth (5Y) +0.7%
    Median Household Income $59,641
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Michigan City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46360 $899.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.64%
    Property Tax per SF $45.66 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in LaPorte County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in LaPorte County

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