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    Michigan City, IN
    Conventional Restaurant

    Michigan City, IN Conventional Restaurants 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
    View details
    Brick Mixed-Use Building
    Updated: Apr 23
    Brick Mixed-Use Building

    731 Washington Street, Michigan City, IN 46360

    $639,000
    4,495 sqft 0.14 AC lot
    4,495‑square‑foot mixed‑use building on 0.1355 acres
    Brick corner‑lot property at 731 Washington Street in downtown Michigan City
    Residential unit with modern furnishings, stainless appliances, and abundant natural light
    Restaurant space includes a commercial kitchen, indoor dining, outdoor dining, and separate office
    Large deck provides additional outdoor space
    View details
    Mixed-Use Property with Equipment
    Mixed-Use Property with Equipment

    615 In-212, Michigan City, IN 46360

    $600,000
    2,520 sqft 0.71 AC lot

    The offering combines commercial and residential space, with furniture and equipment included in the sale.

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    See hot listings in Michigan City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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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    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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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    731 Washington St, Michigan City, IN 46360

    $639,000
    4,495 sqft

    Brick corner property combines residential space with a restaurant and commercial kitchen.

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    Conventional Restaurant with Outdoor Dining
    Conventional Restaurant with Outdoor Dining

    600 Wabash Street, Michigan City, IN 46360

    Contact for pricing

    Established restaurant property with commercial kitchen infrastructure, interior seating, and additional outdoor dining space.

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    Michigan City Industrial Building Portfolio
    Michigan City Industrial Building Portfolio

    332 US-20, Michigan City, IN 46360

    Contact for pricing
    38,190 sqft 2.00 AC lot

    Two properties available: industrial building and restaurant on US-20.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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.

    Commercial Land on a Highway Corridor
    Commercial Land on a Highway Corridor

    5016 Melton Rd, Portage, IN 46368

    $1,250,000
    408 sqft

    A commercial site with a nearby traffic signal and connections to I-94 and the Indiana Toll Road.

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    Mixed-Use Property with Vacant Apartment
    Mixed-Use Property with Vacant Apartment

    810 Lincolnway, La Porte, IN 46350

    $219,900
    5,760 sqft

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

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    Former Pizza Hut For Sale
    Former Pizza Hut For Sale

    75 Pine Lake Ave, La Porte, IN 46350

    $1,200,000
    1,221 sqft

    1221 SF former Pizza Hut with pick-up window.

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    Hooters Absolute NNN Property
    Hooters Absolute NNN Property

    1665 Olmstead Dr, Portage, IN 46368

    $2,980,000

    Built in 2017 for the restaurant brand, the single-tenant property has scheduled rent increases and four five-year renewal options.

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    Michigan City, IN Conventional Restaurants Market Trends and Statistics

    Explore 8 conventional restaurants for sale in Michigan City, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 58,793 square feet of properties for sale, with an estimated market value of $6,361,000.

    Sale prices for conventional restaurants in Michigan City, IN start at $599,000, averaging $1,060,166, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 8
    Commercial kitchens 5
    Bars & Pubs 3
    Breakfast & diners 1
    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 $650.5K

    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)

    How Realmo verifies these figures

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    Popular Searches in Michigan City, IN

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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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