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1416 Franklin St Michigan City, IN 46360

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Multi-tenant property near South Shore train station and luxury apartments.

Lot size:
0.42 Acres

Property Features for 1416 Franklin St

General Information

Standard status
Active
Lot size
0.42 Acres

Building Details

Year built
1947

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Listing Contact
Vince Kisala
Source: Crexi

Listing Agency: Coldwell Banker Real Estate Group Listing Agent: Vince Kisala

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

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Overview

Versatile Mixed-Use Investment Opportunity

This versatile mixed-use property is designed for multi-tenant use, offering investment and income potential. It is located three blocks from the new South Shore train Station and "The Franklin" luxury apartment development. The street level along Franklin Street features a spacious three-office suite and a separate standalone retail space, suitable for various business uses. The second floor includes a residential unit with 2 bedrooms and 1.5 bathrooms, ideal for owner occupancy or rental income. At the rear of the property on Ripley Street is an industrial building, formerly used by a bolt company, which includes a loading dock and warehouse space, making it suitable for storage, light manufacturing, or distribution. The main building has a new roof installed in 2025. Located in a rapidly developing area with increasing foot traffic and investment, this property offers possibilities for entrepreneurs and investors.
Location Intelligence

Current Use by Public Records

Green spa Alternative Medicine Practice

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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  • Local Demand
City
Michigan City
County
LaPorte
State
Indiana
Longitude
-86.8973489
Latitude
41.7087631

FAQs

What type of property is this?
Mixed-use property - Multi-tenant property near South Shore train station and luxury apartments.
Where is this mixed-use property located?
The property is located at 1416 Franklin St Michigan City, IN.
What are key features of this property?
This property features: - Multi-tenant property with strong investment and income potential.; - Located 3 blocks from the new South Shore train Station and "The Franklin" luxury apartment development.; - Includes a street-level three-office suite and a separate retail space.
More about this property
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