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Franklin St Michigan City, IN 46360

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For Sale
$1,499,000

LAND - Michigan City, IN

Property size:
2 SF
Lot size:
1.72 Acres
Added:
Feb 24, 2026
Days on Market:
47
Last Refresh:
Apr 12 at 4:06 am

Property Features for Franklin St

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
460509300012000009
Size
2 SF
Lot size
1.72 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
13-05-09-300-012 PCE 150 X 500 FT CMG 945 FT N & 52.29 FT E OF SW COR SW 1/4 S 9 T37 R4. 1.722 A
Tax Annual Amount
1290

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1800

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Listing Contact
Zakaria Elhidaoui
Zakaria Elhidaoui

Listing agent Zakaria Elhidaoui License #RB14051459

Listing office Coldwell Banker Real Estate Gr 726 Franklin Street, Michigan City, IN

Listing date Feb 24, 2026

MLS# 834470

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.


Overview

Prime Commercial Land Opportunity

This 1.72-acre corner lot is located on Highway 421 (Franklin Street) in Michigan City's primary retail corridor. The property benefits from high visibility, strong traffic counts, and accessibility, making it suitable for retail, hospitality, restaurant, medical, or service-oriented development. The site is surrounded by national retailers, including Walmart Supercenter, Meijer, Lowe's Home Improvement, Menards, Hobby Lobby, TJ Maxx, R.P. Home & Harvest, and Kohl's. The location is near 14 hotels within a one-mile radius and close to the I-94 interchange, capturing local and interstate traffic. Approximately 1.2 acres are development-ready at the front of the parcel, offering a strong corner presence in a high-growth commercial corridor with excellent accessibility. Michigan City attracts approximately 3.3 million annual visitors and is experiencing nearly 2 billion in ongoing and planned development, along with new residential communities under construction. This is one of the last remaining commercial land opportunities on Franklin Street.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Michigan City
County
LaPorte
State
Indiana
Longitude
-86.893452
Latitude
41.668616

FAQs

What type of property is this?
Commercial land - 1.72-acre corner lot in Michigan City's retail corridor.
Where is this commercial land located?
The property is located at Franklin St Michigan City, IN.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Prime 1.72‑acre corner lot on highly traveled Highway 421 (Franklin Street).; Excellent visibility and easy access ideal for various commercial developments.; Surrounded by major national retailers creating a powerful retail draw.
More about this property
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