US 20 & US 35 Michigan City, IN 46360
Three parcels available for development along a major transportation corridor.
Type:Land
Lot size:
124.36 Acres- Added:
- Aug 6, 2024
- Days on Market:
- 621
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for US 20 & US 35
General Information
- Standard status
- Active
- Lot size
- 124.36 Acres
- Property subtype
- Land
Listing agent Roy Roelke License #IN RB14051091
Listing office NAI Cressy - Mishawaka
Listing date Aug 6, 2024
Source Crexi
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 NAI Cressy - Mishawaka
Overview
Michigan City Development Opportunity
Located along the U.S. 20/U.S. 35 corridor, with access to Indiana Highway 212, this property includes three separate parcels available for sale and ready for development. Zoning for these properties includes industrial and manufacturing, retail/office, residential, and agricultural. The area is serviced by the Michigan City Airport and South Shore Freight Line Railroad and is located less than one mile west from the U.S. 20/I-94 interchange. The property is in a Tax Increment Financing (TIF) District and within a 15 minute, 4-lane state highway drive of two large new manufacturing and technology projects currently being developed in New Carlisle, IN. The South Shore Freight Railroad serves as the southern border for the 124.36 acre parcel and could provide rail service to large scale users including manufacturing and distribution. Located in northwest Indiana, the property has excellent proximity to the I-94, SR 212 interchanges and the Toll Road. I-94 is a major transportation artery critical in the delivery of goods throughout the Midwest. US 20/US 35 is the main transportation corridor serving the northern portion of Michigan City and Northern Indiana. These highways are also the direct routes to local establishments such as Blue Chip Casino, Lighthouse Place and primary hospital. Traffic counts from the I-94 interchange west along US 20/US 35 average 24,000 to 25,000 daily. Additionally, over 365,000 trucks pass through the I-65, I-94, I-80/90 corridor area each day to the various regions each one of these interstates services. The site has the potential to be a big box warehouse or another type of transportation facility for the heavily trafficked I-94 corridor.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Michigan City
- County
- LaPorte
- State
- Indiana
- Longitude
- -86.8677
- Latitude
- 41.687
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Three parcels available for development along a major transportation corridor.
Where is this land located?
The property is located at US 20 & US 35 Michigan City, IN.
What is the asking price?
The asking price for this property is $3,594,004.
What are key features of this property?
This property features: Strategic location along the U.S. 20/U.S. 35 corridor with easy access to I‑94 and Indiana Highway 212.; Proximity to the South Shore Freight Railroad, potentially providing rail service.; Inclusion in a Tax Increment Financing (TIF) District, offering potential financial incentives.
