Michigan City, IN
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    Michigan City, IN Hospitality Properties for Sale

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    Trail Creek, IN Beverly Shores, IN La Porte, IN
    Michigan City Commercial Property For Sale
    $1,125,000
    3,955 SF
    Michigan City Commercial Property For Sale

    402 W US Hwy 20, Michigan City, IN

    Commercial property with ample parking and highway frontage available for sale.
    • Excellent location near Franklin Street in Michigan City.
    • Ample parking: 45,700 square feet paved parking.
    • Zoned B‑2 General Commercial District, allowing for various commercial uses (restaurant/retail/hotel).
    • Located on Highway 20, a major US highway.
    • Municipal water and sewer.
    Updated: May 20, 2025
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    Highway 20 Commercial Land Opportunity
    $1,450,000
    3.50 Acres
    Highway 20 Commercial Land Opportunity

    326 US-20, Michigan City, IN 46360

    3.5-acre commercial lot with existing vacant motel building.
    • 3. 5‑acre commercial lot on Highway 20, a highly desirable location in Michigan City.
    • Existing vacant motel building presents renovation or redevelopment opportunities.
    • Environmental study and stake survey already completed.
    • Seller is open to leasing the motel or the ground.
    • Billboard on‑site generates monthly income.
    Updated: Jul 31, 2024
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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 2 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Office Property
    $489,000
    5,000 SF
    Historic Mixed-Use Office Property

    Turnkey office-and-residential setup with dual zoning, flexible interiors, and outdoor space for client-facing operations.

    3030 S Michigan Street, South Bend, IN 46614

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    Prime Commercial Parcel in Bridgman
    $119,000
    1.00 Acre
    Prime Commercial Parcel in Bridgman

    One-acre commercial land with high visibility and access.

    10067 Red Arrow Hwy, Bridgman, MI 49106

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    Prime Commercial Parcel in Bridgman
    $114,000
    1.11 Acres
    Prime Commercial Parcel in Bridgman

    One-acre commercial land with high visibility and access.

    10067 Red Arrow Highway, Bridgman, MI 49106

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    Prime Northwest Location Land Parcels
    $1,750,000
    10.09 Acres
    Prime Northwest Location Land Parcels

    10.09 acres with quick access to major routes.

    4403 Brick Rd, South Bend, IN 46628

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Michigan City Commercial Land Parcel
    $1,050,000
    21.81 Acres
    Michigan City Commercial Land Parcel

    21.814 acres of commercial land in Michigan City, IN.

    W 400 N, Michigan City, IN 46360

    View details
    Commercial Land Near I-94
    $350,000
    5.58 Acres
    Commercial Land Near I-94

    5.38 acres of commercial land in Michigan City, Indiana.

    3886 N 950 W, Michigan City, IN 46360

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    Michigan City Commercial Land Opportunity
    $299,000
    17.53 Acres
    Michigan City Commercial Land Opportunity

    17.53 acre commercial land parcel in Michigan City, Indiana.

    S Woodland Avenue, Michigan City, IN 46360

    View details
    64.28 Acres Ready to Develop
    $3,214,000
    64.28 Acres
    64.28 Acres Ready to Develop

    64.28 acres of land available for development in Chesterton, Indiana.

    1334 N Brummitt Road N, Chesterton, IN 46304

    View details

    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3944 Franklin St
    HOTEL/MOTEL
    10,938 SF Lot: 1.22 Acres
    Value Estimation by Request

    3944 Franklin St, Michigan City, IN 46360-7315

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    3948 Franklin St
    HOTEL/MOTEL
    4,056 SF Lot: 0.74 Acres
    Value Estimation by Request

    3948 Franklin St, Michigan City, IN 46360-7315

    View details
    326 Us Hwy 20
    HOTEL/MOTEL
    8,098 SF Lot: 3.50 Acres

    326 Us Hwy 20, Michigan City, IN 46360-7361

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    3801 Frontage Rd
    HOTEL/MOTEL
    21,088 SF Lot: 1.64 Acres
    Value Estimation by Request

    3801 Frontage Rd, Michigan City, IN 46360-0022

    View details
    5724 Franklin St
    HOTEL/MOTEL
    17,964 SF Lot: 1.08 Acres
    Value Estimation by Request

    5724 Franklin St, Michigan City, IN 46360-7844

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    201 Kieffer Rd
    HOTEL/MOTEL
    6,912 SF Lot: 3.42 Acres
    Value Estimation by Request

    201 Kieffer Rd, Michigan City, IN 46360-9277

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    3934 Frontage Rd
    HOTEL/MOTEL
    15,114 SF Lot: 0.90 Acres
    Estimated value
    $760,000

    3934 Frontage Rd, Michigan City, IN 46360-9264

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    110 Kieffer Rd
    HOTEL/MOTEL
    24,384 SF Lot: 2.26 Acres
    Estimated value
    $2,100,000

    110 Kieffer Rd, Michigan City, IN 46360-9276

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    401 Kieffer Rd
    HOTEL/MOTEL
    58,932 SF Lot: 3.25 Acres
    Estimated value
    $2,900,000

    401 Kieffer Rd, Michigan City, IN 46360-9579

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    5727 600th W
    HOTEL/MOTEL
    16,575 SF Lot: 28.97 Acres
    Value Estimation by Request

    5727 600th W, Michigan City, IN 46360-9113

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    4411 Us Hwy 12
    HOTEL/MOTEL
    12,391 SF Lot: 3.60 Acres
    Value Estimation by Request

    4411 Us Hwy 12, Michigan City, IN 46360-1944

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    3651 Dunes Hwy
    HOTEL/MOTEL
    8,324 SF Lot: 0.36 Acres
    Value Estimation by Request

    3651 Dunes Hwy, Michigan City, IN 46360-6719

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    4128 Franklin St
    HOTEL/MOTEL
    45,600 SF Lot: 3.63 Acres
    Estimated value
    $815,000

    4128 Franklin St, Michigan City, IN 46360-7804

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    5820 Franklin St
    HOTEL/MOTEL
    110,074 SF Lot: 2.88 Acres
    Estimated value
    $1,350,000

    5820 Franklin St, Michigan City, IN 46360-7843

    View details
    9834 400th N
    HOTEL/MOTEL
    31,130 SF Lot: 1.56 Acres
    Estimated value
    $1,560,000

    9834 400th N, Michigan City, IN 46360-2910

    View details
    3674 Frontage Rd
    HOTEL/MOTEL
    57,102 SF Lot: 2.78 Acres
    Estimated value
    $2,725,000

    3674 Frontage Rd, Michigan City, IN 46360-0024

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    3221 Dunes Hwy
    HOTEL/MOTEL
    1,820 SF Lot: 0.17 Acres
    Value Estimation by Request

    3221 Dunes Hwy, Michigan City, IN 46360-6711

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    3221 Dunes Hwy
    HOTEL/MOTEL
    7,432 SF Lot: 0.62 Acres
    Value Estimation by Request

    3221 Dunes Hwy, Michigan City, IN 46360-6711

    View details
    3805 Frontage Rd
    HOTEL/MOTEL
    31,512 SF Lot: 1.12 Acres
    Estimated value
    $810,000

    3805 Frontage Rd, Michigan City, IN 46360-0022

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    2613 Us-12
    Restaurants
    1,224 SF
    Value Estimation by Request

    2613 Us-12, Michigan City, IN 46360

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    1630 Maple St
    HOTEL/MOTEL
    7,546 SF Lot: 1.19 Acres
    Value Estimation by Request

    1630 Maple St, Michigan City, IN 46360-6622

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    1200 Mallard Dr
    HOTEL/MOTEL
    4,280 SF Lot: 9.92 Acres
    Value Estimation by Request

    1200 Mallard Dr, Michigan City, IN 46360-7781

    View details

    Michigan City, IN Hospitality Properties Investment Opportunities Market Analysis

    Explore 26 hospitality properties for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 3,955 square feet of properties for sale, with an estimated market value of $1,125,000.

    Sale prices for hospitality properties in Michigan City, IN start at $1,125,000, averaging $1,125,000, and reaching up to $1,125,000 — 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

    Motels 2
    Hotels 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46360 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.64%
    Property Tax per SF $45.66 per sq ft
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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