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Two-Unit Medical Office Building
For Sale
$299,900

1200 Woodland Avenue, Michigan City, IN 46360

Two-unit office building currently medical/office space and fully leased with 17 parking spaces.

Property SizeContact for details
Days on Market163

Property Features for 1200 Woodland Avenue

General Information

Standard status Active
Total Parking Spaces 17
Property subtype Office
Zoning B2
Occupancy 100%

Taxes and HOA fees

Annual Taxes $3,471

Amenities

3
Parking. Corner Lot.
17 Parking Spaces. Off Street, Asphalt, Paved Driveway.
Corner.

Building Details

Year Built 1987
Listing Agency: @properties/Christie's Intl RE
Listed By: Brian Volckmann
Source: Xome
Added: Mar 19 Changed: Aug 25 Last Checked: Aug 26 at 5:25AM

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 @properties/Christie's Intl RE

Investment Insights

Based on property information with market context.

This two-unit commercial building is currently configured for medical/office use and is fully leased. The property offers a simple, income-producing setup with two distinct units within the same building.

Located on a busy corner on S Woodland Avenue in Michigan City, the site provides ample off-street parking with 17 spaces, supporting convenient tenant and visitor access. The property is zoned B2.

The offering is presented as a two-unit building with parking and an existing medical/office configuration, designed for continued occupancy under the current layout.

Key Highlights

  • Two‑unit commercial office building built in 1987, currently medical/office space
  • Fully leased with gross rent of $36,000 annually
  • Busy corner location with 17 on‑site parking spaces

Property Analytics

Current Use

Bionic Prosthetics & Orthotics Orthotics & Prosthetics Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby
Under-served
Demand for This Use

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-unit office building currently medical/office space and fully leased with 17 parking spaces.
Where is this medical office space located?
The property is located at 1200 Woodland Avenue Michigan City, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit commercial office building built in 1987, currently medical/office space; Fully leased with gross rent of $36,000 annually; Busy corner location with 17 on‑site parking spaces
More about this property
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