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Office Unit with Private Office
For Lease
$425/Mo

117-301 E 8th St, Michigan City, IN 46360

Utilities, building access at all hours, parking, and scheduled conference-room use are included with the lease.

Space Size500 SF
Days on Market15

Property Features for 117-301 E 8th St

General Information

Standard status Active
Size 500 SF
Net Rentable 500 SF

Space & Availability

Available Space 500 SF
Contiguous Space 500 SF
Space Use Office
Private Offices 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $864

Amenities

24-hour building access
open parking
snow removal
conference room access
Listing Agency: Brokerworks Group
Listed By: Stacey Matthys · License #RB14038624
Source: Exprealty
Added: Sep 22 Changed: Sep 26 Last Checked: Oct 6 at 12:33AM

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 Brokerworks Group

Investment Insights

Based on property information with market context.

Unit 117 is an approximately 500-square-foot office suite inside the IBEW Building at 301 E 8th St in Michigan City. Its current layout includes a private office and a reception and waiting area, with additional space that can be arranged as workspace.

The lease includes utilities, access to the building 24 hours a day, open parking, and snow removal. Tenants also receive scheduled access to a conference room for meetings and presentations.

Key Highlights

  • Approximately 500 square feet in Unit 117
  • One private office and a reception and waiting area
  • Additional suite area can be configured as workspace

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Electrical Service HVAC Service Garden Center (Bike/Boat/Book/etc) Store Accounting Firm

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,088
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

Lease Benchmarks for Michigan City, IN

$10.66 /SF/Yr
Avg Asking Price
$8.5–$14.09 /SF/Yr
Price Range
20,519 SF
Avg Space Size

This space is priced 4% below the average of $10.66 /SF/Yr.

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 units - Utilities, building access at all hours, parking, and scheduled conference-room use are included with the lease.
Where is this office units located?
The property is located at 117-301 E 8th St Michigan City, IN.
What is the lease rate?
The lease rate is $425/Mo.
What are key features of this property?
This property features: Approximately 500 square feet in Unit 117; One private office and a reception and waiting area; Additional suite area can be configured as workspace
More about this property
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