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Mixed-Use Building with Walk-Out Deck
For Sale
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1103 Franklin St, Michigan City, IN 46360

Recently vacated property with restaurant-ready improvements and city parking on two adjoining lots.

Property SizeContact for details
Days on Market141

Property Features for 1103 Franklin St

General Information

Standard status Active
Property subtype Retail, Mixed Use
Listing Agency: McColly Real Estate Corporate
Listed By: Chris duer · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Real Estate Corporate

Investment Insights

Based on property information with market context.

This recently vacated mixed-use property includes features suited to restaurant or bar operations, along with a second floor prepared for final build-out. The upper level is centered around a walk-out deck that adds an outdoor component to the layout. The property can also accommodate retail, office, showroom, or owner-operator use, as identified in the listing information.

Located on Franklin Street in downtown Michigan City, the building sits along the city’s main downtown retail street. City parking is available on two lots directly adjacent to the property, providing convenient parking access for customers, employees, or visitors.

Key Highlights

  • Recently vacated mixed‑use property on Franklin Street in downtown Michigan City
  • Restaurant- and bar‑oriented features already in place
  • Second floor ready for final build‑out

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Big Box & Wholesale Store Computer & Electronic Repair Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,104
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently vacated property with restaurant-ready improvements and city parking on two adjoining lots.
Where is this mixed-use property located?
The property is located at 1103 Franklin St Michigan City, IN.
What are key features of this property?
This property features: Recently vacated mixed‑use property on Franklin Street in downtown Michigan City; Restaurant- and bar‑oriented features already in place; Second floor ready for final build‑out
(312) 479-2073 Call to check price and availability
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