Versatile Mixed-Use Investment
1416 Franklin Street Michigan City, IN 46360
For Sale
Contact for pricing
Multi-tenant property near South Shore train station and luxury apartments.
Days on Market125
Property Features for 1416 Franklin Street
General Information
- Standard status
- Active
- Property subtype
- Mixed Use, Industrial, Retail, Office
Building Details
- Year Built
- 1947
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Vince Kisala · License #RB14046307
Source:
Crexi
Added: Mar 22
Changed: Jul 6
Last Checked: Jul 24 at 6:14AM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Green spa
Alternative Medicine Practice
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 Street Michigan City, IN.
What is the asking price?
The asking price for this property is $599,000.
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.
