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    4301-4361 Franklin St Michigan City, IN 46360

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    For Lease
    Contact for pricing

    Retail space available in a busy Michigan City plaza.

    Property size:
    4,200 SF
    Lot size:
    25.76 Acres

    Property Features for 4301-4361 Franklin St

    General Information

    Size
    4,200 SF
    Lot size
    25.76 Acres

    Source: Coastal Equities - Corporate Agent Ben Ross

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

    Overview

    Retail Space in Lake Park

    Located in a highly active retail corridor of Michigan City, Lake Park Plaza includes a mix of national and local businesses. The property benefits from excellent visibility and easy access from I-94, resulting in consistent foot traffic. The center is anchored by Hobby Lobby, Jo-Ann Fabrics, and shadow-anchored by a 115,000-SF Big R Stores. The available retail space measures 4,200 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Michigan City Plaza, Michigan City Center, Rent Bissel BigGreen Kiosk, Kohl's Order Online Kiosk, Rugdoctor Rental Kiosk

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.8974242
    Latitude
    41.6747534

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy Michigan City plaza.
    Where is this shopping center located?
    The property is located at 4301-4361 Franklin St Michigan City, IN.
    What are key features of this property?
    This property features: - Located in a highly active retail corridor.; - Excellent visibility and easy access from I-94.; - Anchored by Hobby Lobby and Jo-Ann Fabrics.
    (954) 385-0001
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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
    4301-4361 Franklin St Michigan City, IN 46360
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