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    Michigan City, IN
    Bar & Pub

    Michigan City, IN Bars & Pubs for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN Chesterton, IN La Porte, IN New Buffalo, MI Westville, IN Grand Beach, MI
    6 properties
    Updated Restaurant With Patio
    Updated: Mar 19
    Updated Restaurant With Patio

    615 E In-212, Michigan City, IN 46360

    $675,000
    1,712 sqft 0.71 AC lot
    1,712‑square‑foot restaurant building on 0.713 acres
    Interior renovations and major system upgrades completed in 2025
    2 way liquor and gaming licenses included
    Separate 2 bedroom home included with the property
    Bar, patio, two bathrooms, ample seating, and stainless steel appliances
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    This listing looks promising.

    Here's a quick look at some key insights for

    615 E In-212, Michigan City, IN 46360

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $33K
      Annual

    • Price @ 7% Cap

      $476K
      Suggested
    View Property Analytics
    Restaurant Property on Franklin Street
    Updated: Jan 2
    Restaurant Property on Franklin Street

    3940 Franklin St, Michigan City, IN 46360

    $675,000
    1.52 AC lot
    130' of frontage on highly trafficked Franklin Street.
    Currently set up as a large restaurant with multiple dining rooms.
    Features a 3‑season room with ceiling heaters.
    Stone gas fireplaces in all dining rooms.
    Substantial kitchen space with 2 walk‑ins and basement.
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    Full Service Sports Bar with Licenses
    Full Service Sports Bar with Licenses

    204 W Barker Ave, Michigan City, IN 46360

    Contact for pricing
    6,400 sqft

    Full service sports bar with 3-way liquor and gaming licenses, full kitchen, and an outdoor fenced patio.

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    Turn-Key Restaurant and Bar
    Turn-Key Restaurant and Bar

    Michigan City, IN 46360

    Contact for pricing

    Turn-key restaurant and bar with updated dining areas, large commercial kitchen, walk-in coolers, and ADA-compliant entry.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Restaurant and Bar
    Mixed-Use Restaurant and Bar

    2323-2325 Wabash Street, Michigan City, IN 46360

    $649,000

    The property combines a food-and-beverage operation, upstairs apartments, and an outdoor patio.

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    Mixed-Use Building with Walk-Out Deck
    Mixed-Use Building with Walk-Out Deck

    1103 Franklin St, Michigan City, IN 46360

    Contact for pricing

    Recently vacated property with restaurant-ready improvements and city parking on two adjoining lots.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Bar and Restaurant with Outdoor Patio
    Bar and Restaurant with Outdoor Patio

    2385 Willowcreek Road, Portage, IN 46368

    $2,100,000
    7,566 sqft 1.38 AC lot

    Turn-key bar and restaurant building with roll-up door access to an outdoor patio and central forced-air HVAC.

    View details
    Turn-Key Bar and Restaurant
    Turn-Key Bar and Restaurant

    2385 Willowcreek Road, Portage, IN 46368

    $2,100,000
    7,566 sqft

    Turn-key bar and restaurant with an indoor-outdoor patio opening concept, liquor license, and paved parking.

    View details
    Bar with Owner Apartment
    Bar with Owner Apartment

    2808 Dekalb St, Lake Station, IN 46405

    $200,000
    3,894 sqft

    Includes liquor, gaming, and tobacco licenses with kitchen equipment, furnishings, and a separate one-bedroom apartment.

    View details
    Restaurant and Bar with Paved Parking
    Restaurant and Bar with Paved Parking

    1233 Central Ave, Lake Station, IN 46405

    Contact for pricing

    Turnkey bar and grill with remodeled interior, rubber roof, two A/C units, and rear paved parking area.

    View details

    Michigan City, IN Bars & Pubs Market Trends and Statistics

    Explore 6 bars & pubs for sale in Michigan City, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 8,112 square feet of properties for sale, with an estimated market value of $1,999,000.

    Sale prices for pubs in Michigan City, IN start at $649,000, averaging $666,333, and reaching up to $675,000 — 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

    Conventional restaurants 7
    Bars & Pubs 5
    Commercial kitchens 3
    Coffee 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 $775K

    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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    • 46360

    Featured Michigan City Real Estate Agencies

    Realmo connects you with licensed Michigan City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Middleton Co.
    4121 S. Franklin St Michigan City, IN 46360
    Phone: 12198742121
    www.C21Middleton.com
    d'aprile properties llc
    827 1/2 Franklin Street Michigan City, IN 46360
    Phone: 12198774014
    www.daprileproperties.com

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