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    909 Franklin St Michigan City, IN 46360

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    For Sale
    $1,000,000

    Retail space with equipment and upper level residence for sale.

    Property size:
    2,350 SF
    Lot size:
    0.09 Acres

    Property Features for 909 Franklin St

    General Information

    Size
    2,350 SF
    Lot size
    0.09 Acres

    Source: Coldwell Banker Agent Ken Peach

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

    Overview

    Turn Key Retail Space ForSale

    This is a turn-key retail space with all equipment included, suitable for a baking business. The property also features an upper-level residence that can be owner-occupied or rented out. A new train station is located less than two blocks away. The space is suitable for a coffee shop and pastries business. The property can be utilized for any type of retail or professional office space. It includes an attached 4-car garage built in 2002. The property size is 2350 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Truffle Cake & Pastry ... Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.8996224
    Latitude
    41.7123927

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    FAQs

    What type of property is this?
    Retail space - Retail space with equipment and upper level residence for sale.
    Where is this retail space located?
    The property is located at 909 Franklin St Michigan City, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Turn-key commercial space with all equipment included.; - Upper-level residence offers living space or rental income potential.; - Proximity to new train station (less than 2 blocks).
    (708) 764-2890
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    909 Franklin St Michigan City, IN 46360
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    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
    909 Franklin St Michigan City, IN 46360
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