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    3207-3299 Franklin St Michigan City, IN 46360

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    For Lease
    $9 SF/Yr ($4,676 /Mo)

    5,756 SF retail space with high traffic and parking.

    Property size:
    5,756 SF
    Lot size:
    2.34 Acres

    Property Features for 3207-3299 Franklin St

    General Information

    Size
    5,756 SF
    Lot size
    2.34 Acres

    Source: Bradley Company | Merrillville Agent Steven (Steve) Nicksic

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Franklin Street

    This 5,756 square foot retail space features an open floor plan and is situated on Franklin Street, which experiences daily traffic counts exceeding 18,500 vehicles. The space can be leased in its entirety or divided equally. The property is part of an active retail center anchored by a neighboring CVS Pharmacy. Located approximately 2 miles from Hwy 80/94, the property offers abundant parking for both employees and clients. The space includes an overhead door at the rear to facilitate pickups and deliveries. The building features 40 feet of retail window frontage and lighted pylon signage.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.8944411
    Latitude
    41.6943635

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    FAQs

    What type of property is this?
    Retail space - 5,756 SF retail space with high traffic and parking.
    Where is this retail space located?
    The property is located at 3207-3299 Franklin St Michigan City, IN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Franklin St (over 18,500 vehicles daily).; - Anchored by CVS Pharmacy in an active retail center.; - Divisible 5,756 SF retail space offering flexible leasing options.
    (219) 508-0554
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    3207-3299 Franklin St Michigan City, IN 46360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3207-3299 Franklin St Michigan City, IN 46360
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