Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    230 Commerce Sq Michigan City, IN 46360

    For Lease
    $1,224 /Mo ($6 SF/Yr)

    Office - Michigan City, IN

    Type:Office
    Property size:
    2,448 SF
    Lot size:
    0.04 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 230 Commerce Sq

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security System
    Rooms
    Basement
    APN
    460129253039000022
    Parking features
    Off Street, Paved or Surfaced
    Basement Y/N
    1
    Size
    2,448 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1985
    Architectural style
    Other

    Coldwell Banker Residential (847) 404-8900 [email protected]

    Listing agent Nick Landers (847) 404-8900 License #RB14019672

    Listing date Aug 29, 2025

    MLS# 826922 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Office Space Near Lakefront

    This commercial rental opportunity in Commerce Square, Michigan City, Indiana, offers a versatile space suitable for various business aspirations. Currently utilized as a physician's office, the property lends itself to medical or dental offices, as well as a myriad of creative uses such as an artist studio and gallery, professional offices, organizational headquarters, real estate office, marketing and sales, or a photography studio. The location is near the lakefront, shops, restaurants, the Lebeznik Center for the Arts, and the new So La development. The layout includes a welcoming foyer leading to the main reception area and central access hallway. A large, bright multipurpose room features a large storage closet. Two separate office spaces provide privacy. Convenience is ensured with an ADA-compliant half bath and a dual-sided kitchen space. The full basement provides tons of storage room and features high ceilings, a utility closet, and another half bath. The property size is 2448 square feet and the lot size is 0.0356 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Juhaz Annabella MD Orthopedic Surgeon Dr. Annabella Juhasz Orthopedic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.900861
    Latitude
    41.720534

    Nearby Similar for Lease

    • $2,000 /Mo
      3,932 SF

      Franklin Street Retail Space Available

      High-visibility storefront in the Uptown Arts District.
      523 Franklin St, Michigan City, IN 46360
      View Details
    • $2,600 /Mo
      1,150 SF

      Versatile Commercial Space For Lease

      Prime commercial space in high-visibility location, surrounded by major businesses.
      5180 Franklin St, Michigan City, IN 46360
      View Details
    • $11 SF/Yr
      60,500 SF

      Industrial/Flex Facility in Michigan City

      Multi-tenant industrial/flex facility with heavy infrastructure and highway access.
      100 Anchor Rd, Michigan City, IN 46360
      View Details
    • $21,730
      21,730 SF

      Mixed-Use Property in Michigan City

      Desirable mixed-use property suitable for offices, retail, or apartments.
      710 Franklin St, Michigan City, IN 46360
      View Details
    • $9 SF/Yr
      28,750 SF

      Prime Retail Space, La Porte County

      5,756 SF Available, High Traffic Area
      3207 Franklin St, Michigan City, IN 46360
      View Details
    • $8 SF/Yr
      62,045 SF

      100 Anchor Road: Industrial Space Available

      Michigan City, IN: Versatile Industrial Property
      100 Anchor Rd, Michigan City, IN 46360
      View Details

    FAQs

    What type of property is this?
    Medical office - Adaptable commercial space suitable for various creative and professional uses.
    Where is this medical office located?
    The property is located at 230 Commerce Sq Michigan City, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near lakefront, shops, restaurants, and arts center.; - Versatile space suitable for medical, creative, or professional uses.; - Ample storage with a full basement featuring high ceilings.
    (847) 404-8900
    Request Owner's contact information
    230 Commerce Sq Michigan City, IN 46360
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    230 Commerce Sq
    Michigan City, IN 46360
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 Commerce Sq Michigan City, IN 46360
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.