Michigan City, IN
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    Michigan City, IN Conventional Restaurants for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN
    Restaurant with Income-Generating Home
    $750,000
    1,712 SF
    Restaurant with Income-Generating Home

    615 E In-212, Michigan City, IN 46360

    Turn-key restaurant with updated systems and a separate 2-bedroom home.
    • Turn‑key, fully operational restaurant with 2‑way liquor & gaming license.
    • Includes a separate 2‑bedroom home for owner occupancy or rental income.
    • Completely updated interior (renovated in 2025) with major system upgrades (plumbing, electrical, insulation, A/C & HVAC).
    • Fully equipped restaurant with bar, TVs, neon lights, ample seating, and two bathrooms.
    • Newly paved parking area, circular driveway, and inviting patio.
    Updated: Mar 19
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    Restaurant Property on Franklin Street
    $799,900
    1.52 Acres
    Restaurant Property on Franklin Street

    3940 Franklin St, Michigan City, IN 46360

    Restaurant property with frontage on Franklin Street, near Highway 20.
    • 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.
    Updated: Jan 4
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    Downtown Mixed-Use Building with Retail
    $1,590,000
    21,057 SF
    Downtown Mixed-Use Building with Retail

    Ten-unit property combines street-level commercial space with apartments near arts district retail and dining.

    521 Franklin St, Michigan City, IN 46360

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    Iconic Pizza Business Opportunity
    $50,000
    1,588 SF
    Iconic Pizza Business Opportunity

    Turnkey Roma's Pizza business for sale in Michigan City.

    2400 Franklin Street, Michigan City, IN 46360

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    New Buffalo Restaurant and Retail
    $450,000
    New Buffalo Restaurant and Retail

    Restaurant and retail space in New Buffalo, Michigan for sale.

    801 W Buffalo St, New Buffalo, MI 49117

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    Former Pizza Hut For Sale
    $1,200,000
    1,221 SF
    Former Pizza Hut For Sale

    1221 SF former Pizza Hut with pick-up window.

    75 Pine Lake Ave, La Porte, IN 46350

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    Mixed-Use Property with Vacant Apartment
    $299,900
    5,760 SF
    Mixed-Use Property with Vacant Apartment

    Downtown mixed-use building offers updated commercial space plus an upstairs unit ready for a new residence or rental concept.

    810 Lincolnway, La Porte, IN 46350

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    New Buffalo Restaurant and Office
    $890,000
    4,206 SF
    New Buffalo Restaurant and Office

    Restaurant and office space near Lake Michigan for sale.

    310 E Buffalo St, New Buffalo, MI 49112

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    Michigan City, IN Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Michigan City, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,357 square feet of properties for sale, with an estimated market value of $2,390,000.

    Sale prices for conventional restaurants in Michigan City, IN start at $50,000, averaging $796,666, and reaching up to $1,590,000 — 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 5
    Bars & Pubs 2
    Coffee shops 2

    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 $797.5K

    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%

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