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    1115 Franklin Street Michigan City, IN 46360

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    Claim this Listing
    For Sale
    $549,000

    MULTI_FAMILY - Michigan City, IN

    Lot size:
    0.06 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    45
    Last Refresh:
    Apr 30 at 9:06 am

    Property Features for 1115 Franklin Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1, Basement
    Parking features
    On Street
    Pets allowed
    Call
    Basement
    Full
    Appliances
    Gas Range, Refrigerator
    Standard status
    Active
    APN
    460129466015000022
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    42-01-29-466-015 LAND CO 23-1/2 FT S SD LTS 12 & 13 BLK 95 & 23-1/2 FT S SD LT 9 EX 15 FT W SD LT 9 BLK 95
    Tax Annual Amount
    4618

    Utilities

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

    Building Details

    Year built
    1900
    Floors in Building
    2

    We can help!

    Listing Contact
    Kimberly Fowler

    Listing agent Kimberly Fowler

    Listing office Blackrock Real Estate Services 179 South Calumet, portage, IN

    Listing date Mar 17, 2026

    MLS# 837999 Listing URL

    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

    Mixed-Use Investment Opportunity

    This mixed-use property in downtown Michigan City presents an investment opportunity. The fully leased property includes a retail space and residential units, offering immediate cash flow. The commercial building features a new roof installed in 2024, a new furnace, and 200 amp service, along with other updates. The street-level retail space benefits from high visibility and foot traffic. Two residential apartments are located above the retail space, providing rental income; one apartment has been renovated with modern finishes. A separate carriage house adds to the property's versatility. All units are currently rented with active leases in place. The property is located in a vibrant area of Michigan City, one block from the south shore train station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.898957
    Latitude
    41.710713

    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use property with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 1115 Franklin Street Michigan City, IN.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: Prime downtown Michigan City location, one block from the South Shore train station.; Fully leased, mixed‑use property with immediate cash flow and long‑term upside.; Street‑level retail space with excellent visibility and steady foot traffic.
    More about this property
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