Mixed-Use Commercial
For Sale
$695,000
7628 Michigan Road, Plymouth, IN 46563
Mixed-use commercial building currently generating $4,850 per month in leases.
Property Size145,490 SF
Price / SF$4.78
Days on Market528
Property Features for 7628 Michigan Road
General Information
Standard status
Active
Size
145,490 SF
Property subtype
Commercial / Mixed Use
Taxes and HOA fees
Annual Taxes
$5,821
Amenities
Central Air
1
No
Concrete
Gas, Ceiling, Forced Air
Slab
Yes
Block, Brick
Other
Building Details
Year Built
1959
Buildings
1
Listing Agency:
COLLINS and CO REALTORS - PLYMOUTH
Listed By:
Chris Collins · License #RB14008087
(574) 936-4444
Source:
Compass
Added: Apr 5, 2025
Changed: Sep 13
Last Checked: Sep 13 at 10:34AM
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 COLLINS and CO REALTORS - PLYMOUTH
Investment Insights
Based on property information with market context.
This mixed-use commercial building offers a total of 10,000 square feet and is currently leased for $4,850 per month. The property is being marketed as an ideal option for a 1031 tax exchange.
The asset is located at 7628 Michigan Rd in Plymouth, IN, and it is positioned on a busy North Michigan St.
For buyers seeking a straightforward income-producing mixed-use structure, this offering provides an established leased configuration within a single building.
The asset is located at 7628 Michigan Rd in Plymouth, IN, and it is positioned on a busy North Michigan St.
For buyers seeking a straightforward income-producing mixed-use structure, this offering provides an established leased configuration within a single building.
Key Highlights
- 10,000 SF mixed‑use commercial building on busy North Michigan St.
- Currently leased for $4,850 per month.
- Mixed‑use commercial property noted as an ideal 1031 tax exchange option.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 46563, IN
22,977
Population
10,031
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
88%
High-School Grad
153.1 sq mi
ZIP Area
150
Density / Sq Mi
$69,205
Median Household Income
$42,119
Median Earnings
$952
Median Rent
$179,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use commercial building currently generating $4,850 per month in leases.
Where is this mixed-use property located?
The property is located at 7628 Michigan Road Plymouth, IN.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 10,000 SF mixed‑use commercial building on busy North Michigan St.; Currently leased for $4,850 per month.; Mixed‑use commercial property noted as an ideal 1031 tax exchange option.
