Drive-through

Michigan City, IN Drive Through Restaurants for Sale

Notify Me
List
Map
Trail Creek, IN Long Beach, IN Beverly Shores, IN New Buffalo, MI La Porte, IN Michiana, MI Westville, IN Porter, IN
Panera Bread Drive-Through Restaurant
Updated: Oct 9
Panera Bread Drive-Through Restaurant

5673 Franklin St, Michigan City, IN 46360

$3,209,000
4,500 sqft 1.00 AC lot
4,500‑square‑foot freestanding restaurant on approximately one acre
Built in 2013 with drive‑through service
New 15‑year NNN lease, with 10% increases every five years during the initial term
Four additional five‑year renewal options
Lease guarantee by Hanna Graham Investments
View details
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
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

530 W McKinley Ave, Mishawaka, IN 46545

$2,376,733
4,115 sqft 1.00 AC lot

Remodeled freestanding restaurant supported by a long-term NNN lease and established Burger King franchise operations.

View details
Burger King NNN Property with Drive-Through
Burger King NNN Property with Drive-Through

4626 Red Arrow Hwy, Stevensville, MI 49127

$2,341,283
3,942 sqft 1.30 AC lot

Freestanding restaurant remodeled in 2022 with a drive-through and a newly established long-term net lease.

View details
Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

2801 Lincolnway E, Mishawaka, IN 46544

$2,096,633
3,780 sqft 1.50 AC lot

Remodeled in 2019, the freestanding building combines restaurant improvements with a new NNN lease.

View details
Drive-Through Restaurant Property
Drive-Through Restaurant Property

4661 Red Arrow Highway, Stevensville, MI 49127

Contact for pricing
3,857 sqft 1.55 AC lot

Former McDonald’s site with an existing drive-through configuration and commercial restaurant improvements.

View details

Michigan City, IN Drive Through Restaurants Market Trends and Statistics

Explore 1 drive through restaurants for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $3,209,000.

Sale prices for drive-thru businesses in Michigan City, IN average $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.

List
Map

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%

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)

Need Help?

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

Why this one?
Saved
Reason not saved — we won't ask again