Michigan City, IN Commercial Real Estate for Sale

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Restaurant With Commercial Kitchen
Updated: Aug 31
Restaurant With Commercial Kitchen

600 Wabash Street, Michigan City, IN 46360

$599,000
2,881 sqft 0.47 AC lot
2,881‑square‑foot restaurant facility on 0.4683 acres
Commercial kitchen with gas ranges, hood, refrigerator, freezer, dishwasher, and electric cooktop
Indoor and outdoor dining areas with guest facilities
Built in 1987 with dedicated managerial office and employee amenities
Directly across from Lighthouse Place Premium Outlets
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Flex Space with Office Area
Updated: Oct 20
Flex Space with Office Area

9782 W 300 N, Michigan City, IN 46360

$1,799,999
7,920 sqft 1.00 AC lot
7,920‑square‑foot building on 1 acre
Approximately 1,500 square feet of office space
18‑foot ceilings in the industrial workspace
Commercial overhead garage doors
Kitchen and three bathrooms
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Tunnel Car Wash Property
Tunnel Car Wash Property

3417 Franklin Street, Michigan City, IN 46360

$997,600
4,702 sqft 0.79 AC lot

B-2 commercial site with existing wash infrastructure, customer service areas, and flexibility for other commercial uses subject to municipal approval.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Panera Bread Drive-Through Restaurant
Panera Bread Drive-Through Restaurant

5673 Franklin St, Michigan City, IN 46360

$3,209,000
4,500 sqft 1.00 AC lot

A freestanding restaurant pairs drive-through service with a new 15-year NNN lease.

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Office Building with Private Parking
Office Building with Private Parking

2814 Franklin Street, Michigan City, IN 46360

$749,000
3,960 sqft 0.51 AC lot

Remodeled office facility with flexible rooms, accessible features, employee amenities, and a layout that can accommodate multiple tenants.

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Brick Mixed-Use Building
Brick Mixed-Use Building

731 Washington Street, Michigan City, IN 46360

$639,000
4,495 sqft 0.14 AC lot

Combines a residential unit with a restaurant, commercial kitchen, and indoor and outdoor dining areas.

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Mixed-Use Building with Office Space
Mixed-Use Building with Office Space

2710 Franklin Street, Michigan City, IN 46360

$369,900
4,454 sqft 0.19 AC lot

Early 20th-century property combines professional office areas with a separate two-bedroom residential rental unit.

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Tunnel Car Wash With Office
Tunnel Car Wash With Office

3417 Franklin St, Michigan City, IN 46360

$997,600
4,702 sqft 0.79 AC lot

B-2 zoning is identified for potential retail, office, restaurant, medical, and service reuse.

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Mid-Century Church with Parsonage
Mid-Century Church with Parsonage

4274 W Dunes Highway, Michigan City, IN 46360

$475,000
12,436 sqft 1.43 AC lot

Architectural property includes vaulted interiors, offices, meeting rooms, and a separate residence.

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Industrial Flex Facility
Industrial Flex Facility

100 Anchor Road, Michigan City, IN 46360

$3,000,000
60,500 sqft 4.42 AC lot

Flexible industrial property with substantial power, loading infrastructure, and dedicated office space.

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Mixed-Use Building with Bakery Space
Mixed-Use Building with Bakery Space

909 Franklin St, Michigan City, IN 46360

$1,700,000
8,265 sqft

Commercial space includes baking equipment, walk-in coolers, a loading dock, and a three-car garage.

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Mixed-Use Property with Retail
Mixed-Use Property with Retail

1115 Franklin Street, Michigan City, IN 46360

$499,000
5,737 sqft 0.06 AC lot

Fully leased building combines street-level retail, two apartments, and a separate carriage house near the South Shore train station.

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Multi-Entrance Office Building
Multi-Entrance Office Building

4121 Franklin Street, Michigan City, IN 46360

$699,900
3,840 sqft 0.50 AC lot

Well-maintained office property with flexible interior layout, separate access points, dedicated parking, and updated mechanical systems.

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High-Visibility Commercial Redevelopment Opportunity
High-Visibility Commercial Redevelopment Opportunity

Michigan City, IN 46360

$1,075,000
4,702 sqft 0.79 AC lot

4,702 SF property with redevelopment potential in a prime location.

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Corner Commercial Land
Corner Commercial Land

W Us Hwy 12, Michigan City, IN 46360

$149,900
2.41 AC lot

Public water is available for commercial development at the site.

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B3-Zoned Commercial Land
B3-Zoned Commercial Land

N Frontage Road, Michigan City, IN 46360

$400,000
1.01 AC lot

Highway 421 frontage, public utilities, and proximity to major commercial destinations support a range of development plans.

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Flex Space with Industrial Workspace
Flex Space with Industrial Workspace

9782 W 300 N, Michigan City, IN 46360

$1,799,999
7,920 sqft

A 2025-built facility pairs dedicated office amenities with substantial industrial work area.

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Commercial Land with Existing Improvements
Commercial Land with Existing Improvements

1200 E Michigan Boulevard, Michigan City, IN 46360

$159,900
1.14 AC lot

Vacant commercial land with public water, public sewer, and existing central forced-air improvements.

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Neighborhood Shopping Center
Neighborhood Shopping Center

1700-1724 US-20, Michigan City, IN 46360

$1,475,000
23,780 sqft

Established retail property with daily-needs tenancy, highway exposure, and available suites for occupancy growth.

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Corner Commercial Land
Corner Commercial Land

Cook Street, Michigan City, IN 46360

$244,900
0.29 AC lot

Development parcel at Highway 12 and Cook Street, near casino, brewery, shopping, beaches, and commuter rail service.

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Updated Restaurant with Separate Home
Updated Restaurant with Separate Home

615 E In-212, Michigan City, IN 46360

$675,000
1,712 sqft

Operational restaurant with a bar, patio, licensed liquor and gaming privileges, and an included two-bedroom residence.

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B-3 Highway Commercial Land
B-3 Highway Commercial Land

3886 N 950 W, Michigan City, IN 46360

$350,000
5.58 AC lot

Commercial land with public water and sewer near a signalized intersection in Michigan City.

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Versatile Mixed-Use Investment Opportunity
Versatile Mixed-Use Investment Opportunity

1416 Franklin St, Michigan City, IN 46360

$599,000
12,470 sqft

Multi-tenant property near South Shore train station and luxury apartments.

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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

1115 Franklin Street, Michigan City, IN 46360

$499,000
0.06 AC lot

Fully leased property combines street-level retail with two apartments and a separate carriage house.

View details
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Michigan City, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Michigan City, IN, showcased through 55 active listings on our real estate platform. These investment opportunities span a total of 389,584 square feet of properties for sale, with an estimated market value of $35,150,198.

Sale prices for business properties in Michigan City, IN start at $35,000, averaging $798,868, and reaching up to $3,209,000 — 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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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 $872.8K

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)

Property Size Breakdown

The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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