Michigan City, IN Commercial Real Estate for Sale

List

Map

Trail Creek, IN Long Beach, IN Beverly Shores, IN Chesterton, IN La Porte, IN New Buffalo, MI Michiana, MI Westville, IN

65 properties

Sort:

Updated: Mar 17

Multifamily Property with New Roof

1115 Franklin Street, Michigan City, IN 46360

$529,000

5,737 sqft 0.06 AC lot

New roof installed in 2024
200 amp service plus furnace update
Two residential apartments above the retail space
One apartment is completely renovated with modern finishes
Separate carriage house adds to the mixed‑use configuration

View details

This listing looks promising.

Here's a quick look at some key insights for

1115 Franklin Street, Michigan City, IN 46360

View Property Analytics

Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$46K
Annual
Price @ 7% Cap

$659K
Above asking
Property Type

Single Family Residence
Built 1900

View Property Analytics

Updated: Apr 1

Versatile Commercial Property in Michigan City

3417 Franklin Street, Michigan City, IN 46360

$1,075,000

4,702 sqft 0.79 AC lot

High‑visibility location in a busy commercial corridor with 19,340+ VPD (2025).
Zoned B‑2 (General Commercial) offering exceptional versatility for adaptive reuse (retail, office, restaurant, medical, etc.).
Large .79‑acre lot adjacent to McDonalds and Biggby Coffee.
Currently configured as a tunnel car wash with newer equipment and established customer base.
Includes waiting area, reception/office space, and equipment for vacuum and detailing services.

View details

ADA-Compliant Office Building

2814 Franklin Street, Michigan City, IN 46360

$749,000

3,960 sqft 0.51 AC lot

Move-in ready office building with remodeled interiors, skylit reception, and ADA access with two ADA bathrooms.

View details

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.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Turnkey Restaurant With Rental Home

615 E In-212, Michigan City, IN 46360

$675,000

1,712 sqft 0.71 AC lot

Fully equipped restaurant with bar and patio plus a separate two-bedroom home for owner use or extra rental income.

View details

B3 Zoned Commercial Land Parcel

N Frontage Road, Michigan City, IN 46360

$400,000

1.01 AC lot

B3-zoned commercial parcel with Highway 421/Franklin Street frontage near the I-94 interchange and major employers.

View details

Office Building with Multiple Entrances

4121 Franklin Street, Michigan City, IN 46360

$699,900

3,840 sqft 0.50 AC lot

Office building with 11 offices and three separate entrances, plus 24 designated parking spaces.

View details

Prime Location Commercial Building

2 W Dunes Hwy, Michigan City, IN 46360

$1,250,000

3,677 sqft

Established commercial building in Beverly Shores, near Chicago and Lake Michigan.

View details

Corner Lot Commercial Land

Cook Street, Michigan City, IN 46360

$244,900

0.29 AC lot

Corner commercial lot in Michigan City adjacent to a hotel, spa & casino and across from a local brewery.

View details

Commercial Land Near I-94

3886 N 950 W, Michigan City, IN 46360

$350,000

5.58 AC lot

5.38 acres of commercial land in Michigan City, Indiana.

View details

Commercial Land Assemblage With Highway Frontage

2621 E Us Highway 12, Michigan City, IN 46360

$2,190,000

3,550 sqft

Multi-parcel assemblage at two addresses along US Highway 12 with extensive highway frontage for a range of commercial redevelopment uses.

View details

Ranch Land with Pole Barn

11011 W 100 N, Michigan City, IN 46360

$675,000

50.00 AC lot

50 acres of woods with a large pole barn and a house needing TLC, subject to a waiver to enter.

View details

Quadplex with Ground-Floor Retail

1115 Franklin Street, Michigan City, IN 46360

$529,000

0.06 AC lot

Mixed-use quadplex with street-level retail, two apartments above, and a separate carriage house with active leases.

View details

Move-In Ready Office Building

2814 Franklin St, Michigan City, IN 46360

$749,000

3,960 sqft

Bright, fully remodeled office building with ADA access and a 27-space private parking lot.

View details

Michigan City Commercial Land Parcel

W 400 N, Michigan City, IN 46360

$1,050,000

21.81 AC lot

21.814 acres of commercial land in Michigan City, IN.

View details

Commercial Land in Michigan City

W Us Hwy 12, Michigan City, IN 46360

$159,900

2.41 AC lot

2.4 acre commercial lot in high traffic location.

View details

Office Building with Multiple Entrances

4121 Franklin St, Michigan City, IN 46360

$699,900

3,840 sqft 0.50 AC lot

Versatile building with three separate entrances, 11 offices, and 24 designated parking spaces.

View details

Zoned B2 Commercial Development Land

4211 Franklin Street, Michigan City, IN 46360

$649,900

14.11 AC lot

14+ acres zoned B2 with cleaned-up site work and options to assemble additional frontage.

View details

Mid-Century Modern Church with Mezzanine

4274 W Dunes Hwy, Michigan City, IN 46360

$500,000

12,436 sqft

Mid-century modern church built in 1950 with mezzanine loft, offices, and basement, served by public water and private septic.

View details

Specialty Commercial Property

615 E Indiana 212, Michigan City, IN 46360

$750,000

1,712 sqft 0.66 AC lot

For-sale specialty commercial property featuring a 0.66-acre lot and 1,712 square feet of building space.

View details

Marine Business and Storage Property

2766 W Dunes Highway, Michigan City, IN 46360

$750,000

320 sqft 1.10 AC lot

For sale including an office building, work vehicle, and two hydraulic boat trailers supporting repair, maintenance, and storage operations.

View details

Mixed-Use Land with Two Parcels

Hwy 12, Michigan City, IN 46360

$35,000

1.67 AC lot

1.67 acres offered as two parcels, one commercially zoned and one residential, with utilities available and easement access required.

View details

Highway Commercial Development Land

3886 North 950 West, Michigan City, IN 46360

$350,000

242,977 sqft 5.38 AC lot

5.38-acre B-3 Highway Commercial site near a signalized intersection off 950 W and 400 N.

View details

Michigan City Land For Sale

N Frontage Road, Michigan City, IN 46360

$237,000

20.00 AC lot

20+ acres of commercial land in Michigan City, Indiana.

View details

Michigan City, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Michigan City, IN, showcased through 65 active listings on our real estate platform. These investment opportunities span a total of 1,509,056 square feet of properties for sale, with an estimated market value of $23,833,800.

Sale prices for business properties in Michigan City, IN start at $35,000, averaging $680,965, and reaching up to $2,190,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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	$731.5K

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

Office

Property Size Breakdown

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings