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Mixed-Use Building with Apartment
For Sale
$325,000

1601 Michigan Boulevard, Michigan City, IN 46360

Two ground-floor suites pair with upstairs residential and flex space.

Property SizeContact for details
Days on Market8

Property Features for 1601 Michigan Boulevard

General Information

Standard status Active
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $3,328

Amenities

hardwood floors
new deck and stairs
fenced backyard
Parking. Corner Lot.
4 Parking Spaces. Off Street.
City
Corner.

Building Details

Year Built 1929
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: @properties/Christie's Intl RE
Listed By: Kaileyne Krask
Source: Xome
Added: Aug 14 Changed: Aug 20 Last Checked: Aug 20 at 5:20AM

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 @properties/Christie's Intl RE

Investment Insights

Based on property information with market context.

Built in 1929, this mixed-use building combines two separate commercial suites on the main level with residential and supplemental space above. Each commercial suite includes a half bathroom; the spaces were most recently used for restaurant and event operations. The second floor contains a three-bedroom, one-bath apartment with hardwood floors, plus a separate flex area across the hall. A recently added deck and stairway provide access to the flex space.

The property occupies a corner lot at 1601 Michigan Boulevard in Michigan City, Indiana, with four off-street parking spaces and a fenced backyard. Roof improvements include a largely new roof and recent repairs over the restaurant-side suite. The location is minutes from Lake Michigan and less than 90 minutes from Chicago, with convenient access to Michigan City amenities and attractions.

Key Highlights

  • Two separate main‑level commercial suites, each with a half bathroom
  • Three‑bedroom, one‑bath second‑floor apartment with hardwood floors
  • Separate upstairs flex space with new deck and stairs

Property Analytics

Current Use

Cuané Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Accounting Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor suites pair with upstairs residential and flex space.
Where is this mixed-use property located?
The property is located at 1601 Michigan Boulevard Michigan City, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two separate main‑level commercial suites, each with a half bathroom; Three‑bedroom, one‑bath second‑floor apartment with hardwood floors; Separate upstairs flex space with new deck and stairs
More about this property
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