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Restaurant Space with Open Kitchen

521 Franklin Street Michigan City, IN 46360

Claim this Listing
For Lease
$4,000/Mo $8 SF/Yr (calc)

COMMERCIAL - Michigan City, IN

Type:Retail
Property size:
5,775 SF
Lot size:
0.14 Acres
Added:
Apr 7, 2026
Days on Market:
97
Last Refresh:
Jul 12 at 8:06 pm

Property Features for 521 Franklin Street

General Information

Property type
Commercial Lease
Property subtype
Retail
Rooms
Basement
Basement
Storage Space, Unfinished
Standard status
Active
APN
460129404021000022
Size
5,775 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
42-01-29-404-021 E O S 33 1/2 FT S SD LT 6 BLK 23. TIF ASSMT #51
Tax Annual Amount
5320

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas
Water source
Public

Building Details

Year built
1880

Listing agent Daren Huber License #RB15000509

Listing office Coldwell Banker Realty 10 N Whittaker St., New Buffalo, IN

Listing date Apr 7, 2026

MLS# 836655

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.

This restaurant space offers a turnkey setup with original tin ceilings, an open, high-volume kitchen, and an expansive dining area sized for both everyday service and busier operations. The layout also includes an intimate bar area and a private meeting room, providing flexibility for events, private dining, or other in-restaurant functions. The property size is approximately 5,775 square feet, and occupancy is available beginning June 1.

Located at 521 Franklin Street in Michigan City, this space sits in the heart of the Uptown Arts District and is described as having strong visibility and character. It is within the city-designated district for a 3-way liquor license.

Key Highlights

  • Restaurant space available for occupancy starting June 1
  • Located in Michigan City’s Uptown Arts District
  • Features original tin ceilings and an expansive dining area

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Maxine's Restaurant Restaurant Vita del Lago Restaurant

Suggested Use

Auto Parts Store Auto Repair Shop Electrical Service HVAC Service Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store Garden Center Accounting Firm Locksmith

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant space with an open, high-volume kitchen and expansive dining area, available June 1.
Where is this conventional restaurant located?
The property is located at 521 Franklin Street Michigan City, IN.
What is the lease rate?
The lease rate is $4,000 /Mo.
What are key features of this property?
This property features: Restaurant space available for occupancy starting June 1; Located in Michigan City’s Uptown Arts District; Features original tin ceilings and an expansive dining area
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