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326 Us Highway 20 Michigan City, IN 46360

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For Sale
$1,450,000

3.5 acre commercial lot with existing vacant motel.

Lot size:
3.50 Acres

Property Features for 326 Us Highway 20

General Information

Standard status
Active
Lot size
3.50 Acres

Building Details

Year built
1952

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Listing Contact
Zakaria Elhidaoui
Zakaria Elhidaoui
Source: Exitrealty

Listing Agency: Coldwell Banker Real Estate Gr Listing Agent: Zakaria Elhidaoui

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

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Overview

Commercial Lot on Highway 20

This 3.5-acre commercial lot is located on Highway 20 and features an existing vacant motel building. An environmental study and stake survey have been completed for the property. There is a billboard on site that generates monthly income. The seller will consider leasing the motel or the ground. The property is located in Michigan City, Indiana.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
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City
Michigan City
County
LaPorte
State
Indiana
Longitude
-86.898787
Latitude
41.680322

FAQs

What type of property is this?
Commercial land - 3.5 acre commercial lot with existing vacant motel.
Where is this commercial land located?
The property is located at 326 Us Highway 20 Michigan City, IN.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Prime 3.5-acre commercial lot on Highway 20, a highly desirable location in Michigan City.; - Existing vacant motel building presents renovation opportunity for motel business or redevelopment potential for other businesses.; - Environmental study and stake survey already completed, streamlining the development process.
More about this property
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