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Medical Office Building
For Sale
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1550 S Woodland Ave, Michigan City, IN 46360

Configured for medical operations with patient-facing and clinical spaces, plus storage and office areas.

Property SizeContact for details
Days on Market141

Property Features for 1550 S Woodland Ave

General Information

Standard status Active
Property subtype Office

Building Details

Owner Occupied Yes
Listing Agency: Ascend Real Estate Advisors
Listed By: Vladimir Ganz · License #INNN
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:49AM

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 Ascend Real Estate Advisors

Investment Insights

Based on property information with market context.

This medical office property is currently occupied and operated by the owner. The interior includes a reception or waiting area, private offices, exam rooms, and storage rooms, creating a layout suited to an established healthcare practice. The building is also described as adaptable for general office use with limited conversion work.

Building systems include a relatively new roof and an HVAC system that has been well maintained. The existing arrangement combines administrative, patient, clinical, and storage areas within a single medical-use facility.

Key Highlights

  • Existing medical‑use layout with waiting room, offices, exam rooms, and storage rooms
  • Current owner‑operated medical space
  • Interior reported in excellent condition

Property Analytics

Current Use

Lakeshore Bone & Joint ... Medical Clinic Marc S. Bruell, ... Physician Amanda Alberding Physician Illinois Dermatology Institute ... Physician Michael O'Donoghue, MD Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Electrical Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

327
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
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Similar Off Market Nearby

  • Woodland Veterinary Center 1943 S Woodland Ave, Michigan City, IN 46360

Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for medical operations with patient-facing and clinical spaces, plus storage and office areas.
Where is this medical office space located?
The property is located at 1550 S Woodland Ave Michigan City, IN.
What are key features of this property?
This property features: Existing medical‑use layout with waiting room, offices, exam rooms, and storage rooms; Current owner‑operated medical space; Interior reported in excellent condition
More about this property
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