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    230 Commerce Sq, Unit D2 Michigan City, IN 46360

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

    COMMERCIAL - Michigan City, IN

    Type:Office
    Property size:
    2,448 SF
    Lot size:
    0.04 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 13 at 8:06 am

    Property Features for 230 Commerce Sq

    General Information

    Special listing conditions
    Third Party Approval
    Property type
    Commercial Lease
    Property subtype
    Office
    TransactionType
    Third Party Approval
    Standard status
    Active
    Security features
    Security System
    Rooms
    Basement
    APN
    460129253039000022
    Parking features
    Off Street
    Basement
    Storage Space, Unfinished
    Size
    2,448 SF
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1985

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

    Listing agent Nick Landers (219) 871-2872

    Listing date Aug 29, 2025

    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 Commercial Space Near Lakefront

    This commercial rental opportunity in Commerce Square is located near the lakefront, shops, restaurants, the Lebeznik Center for the Arts, and the new So La development. Currently used as a physician's office, the 2448-square-foot space is suitable for medical or dental offices, as well as creative uses such as an artist studio and gallery, professional offices, organizational headquarters, real estate office, marketing and sales, or a photography studio. The space features a foyer leading to a main reception area and central access hallway. A large, bright multipurpose room includes a large storage closet. Two separate office spaces provide privacy. An ADA-compliant half bath and dual-sided kitchen space offer convenience. The full basement provides ample storage room and features high ceilings, a utility closet, and another half bath. 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

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    FAQs

    What type of property is this?
    Medical office - Commercial space suitable for medical, creative, or professional uses.
    Where is this medical office located?
    The property is located at 230 Commerce Sq, Unit D2 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.
    (219) 871-2872
    Request Owner's contact information
    230 Commerce Sq, Unit D2 Michigan City, IN 46360
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    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, Unit D2 Michigan City, IN 46360
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