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Remodeled Office Building with Parking
For Lease
$5,280/Mo

2814 Franklin Street, Michigan City, IN 46360

COMMERCIAL - Michigan City, IN

Space SizeContact for details
Lot Size0.51 Acres
Days on Market32

Property Features for 2814 Franklin Street

General Information

Property type Commercial Lease
Property subtype Office
Parking features Alley, Off Street
Security features Security System
Subdivision Oaklawn Add
Directions From Hwy 20 Head North On Franklin St. Go through the stoplight at Coolspring Ave. Building will be on the right at the corner of Franklin St and Gardena
Standard status Active
APN 460133312022000022
Size 3,960 SF
Lot size 0.51 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 42-01-33-312-022 OAKLAWN ADD LOT 1 & VAC 15 FT ALLEY BTW LTS 1 & 2 BLK 3
Tax Annual Amount 6105
Legal Description 42-01-33-312-022 OAKLAWN ADD LOT 1 & VAC 15 FT ALLEY BTW LTS 1 & 2 BLK 3

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

skylights
ADA compliant
break area
employee bathroom
irrigated landscaping
security system

Building Details

Year built 1962
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Zane Galloway · License #RB16000549
Added: Jul 28 Changed: Aug 4 Last Checked: Aug 28 at 8:06AM
MLS# 843048

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Move-in ready office building at 2814 Franklin Street in Michigan City, Indiana, built in 1962 and solidly constructed with CMU block, brick, and stucco. Professionally designed and fully remodeled in 1994, the interior centers on a bright, spacious waiting room and a large reception area that accommodates four support staff members. Skylights bring additional natural light through the hallways.

The layout includes 10 private offices, including two large offices suitable for conference use, plus two small testing rooms between the hall and reception area. Additional storage rooms support organization and secure storage of sensitive documents. The utility room provides both interior and exterior access for building maintenance. ADA compliance is built in with two ADA bathrooms and ramp access from the parking lot. An employee break area and designated employee bathroom are also included. Irrigated landscaping and an active security system through Sentinel Alarm round out the property.

A 0.5096-acre site features a large private off-street parking lot with 27 spaces and multiple points of ingress/egress, including alley access. Heating is forced air with natural gas, and utilities include public water and public sewer. The building layout also allows for the potential of multiple tenants.

Key Highlights

  • 0.5096‑acre site with 27‑space private parking lot and multiple ingress/egress points
  • 10 offices plus two conference‑capable offices within the private office count
  • Reception area accommodates 4 support staff members and includes skylights

Property Analytics

Current Use

Brennen Constance Counselor

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Garden Center Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 46360, IN

44,209
Population
21,652
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
76.6 sq mi
ZIP Area
577
Density / Sq Mi
$59,641
Median Household Income
$36,738
Median Earnings
$924
Median Rent
$155,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - ADA-compliant office building featuring skylit waiting and reception areas, multiple private offices, and secure, document-focused storage.
Where is this office building located?
The property is located at 2814 Franklin Street Michigan City, IN.
What is the lease rate?
The lease rate is $5,280/Mo.
What are key features of this property?
This property features: 0.5096‑acre site with 27‑space private parking lot and multiple ingress/egress points; 10 offices plus two conference‑capable offices within the private office count; Reception area accommodates 4 support staff members and includes skylights
More about this property
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