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Live-Work Space with Penthouse Suite
For Sale
$499,900

215 N Michigan Street, Plymouth, IN 46563

COMMERCIAL - Plymouth, IN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market103

Property Features for 215 N Michigan Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Off Street
Directions Take Michigan St just South of Washington St
Subdivision Marshall County
Standard status Active
APN 50-32-93-103-269.000-019
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 26
Tax Description ACREAGE: AUDITOR DESC: O P LOT 38 S 22.5' N 23'LEGAL DESC:
Tax Annual Amount 7717
Legal Description ACREAGE: AUDITOR DESC: O P LOT 38 S 22.5' N 23'LEGAL DESC:

Utilities

Cooling system Central Air

Building Details

Year built 1900
Flooring type Wood, Finished, Vinyl, Carpet, Tile - Ceramic
Roof type Rubber
Listing Agency: RE/MAX OAK CREST -PLYMOUTH · RE/MAX International
Listed By: Shannon Lunetta · License #RB18001734
Added: Apr 24 Changed: Aug 4 Last Checked: Aug 4 at 2:06PM
MLS# 202614793

Copyright © 2026 North Central Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This live-work property at 215 N Michigan Street in Plymouth, Indiana combines commercial space on the main level with residential living upstairs. The building offers over 5,000 square feet above grade, including a beautifully remodeled penthouse suite and a basement.

The penthouse features an updated open-concept layout connecting the kitchen, living room, and dining area. Two fireplaces are included, one in the living room and another in the primary bedroom. The penthouse full bathroom includes a walk-through shower, an oversized jetted tub, and a private sauna, along with a convenient half bath. A private balcony provides outdoor space and downtown views.

The main level offers over 2,500 square feet of commercial space with storefront visibility, suited to a wide range of business opportunities. Additional features include central air, off-street parking, a rubber roof, and a flooring mix of carpet, ceramic tile, finished surfaces, vinyl, and wood. Built in 1900, the property sits on a 0.07-acre lot.

Key Highlights

  • Over 5,000 square feet above grade with remodeled penthouse suite and basement
  • Penthouse includes private balcony and updated open‑concept kitchen, living room, and dining area
  • Two fireplaces: living room and primary bedroom

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Electrical Service Skin Care Clinic HVAC Service Parking Lot & Garage Real Estate Agency (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

264
Businesses Nearby

Demographics for 46563, IN

22,977
Population
10,031
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
88%
High-School Grad
153.1 sq mi
ZIP Area
150
Density / Sq Mi
$69,205
Median Household Income
$42,119
Median Earnings
$952
Median Rent
$179,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Main-level storefront space with a remodeled penthouse suite, including a private balcony and dual fireplaces.
Where is this live-work space located?
The property is located at 215 N Michigan Street Plymouth, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Over 5,000 square feet above grade with remodeled penthouse suite and basement; Penthouse includes private balcony and updated open‑concept kitchen, living room, and dining area; Two fireplaces: living room and primary bedroom
More about this property
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