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Remodeled Live-Work Building
For Sale
$499,900

215 N Michigan Street, Plymouth, IN 46563

COMMERCIAL, Plymouth, IN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market148

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

Amenities

fireplace
private balcony
sauna
jetted tub
walk-through shower

Building Details

Year built 1900
Flooring type Vinyl, Carpet, Wood, Tile - Ceramic, Finished
Roof type Rubber
Listing Agency: RE/MAX OAK CREST -PLYMOUTH · RE/MAX International
Listed By: Shannon Lunetta · License #51173
Added: Apr 24 Changed: Sep 14 Last Checked: Sep 18 at 5:06PM
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.

Located at 215 N Michigan Street in Plymouth, this 1900-built property combines commercial space with an updated penthouse suite. The building contains over 5,000 square feet above grade, including more than 2,500 square feet of storefront-oriented business space on the main level. Central air, multiple flooring types, a rubber roof, and off-street parking are included.

The penthouse has an open arrangement linking the kitchen, living room, and dining area. Residential features include two fireplaces, a primary bedroom, a full bathroom with a walk-through shower and jetted tub, a private sauna, and a second half bath. A private balcony overlooks downtown Plymouth. The property occupies 0.07 acres in Marshall County and offers a combined commercial and residential configuration.

Key Highlights

  • Over 5,000 square feet above grade, including more than 2,500 square feet of commercial space
  • Updated penthouse with open kitchen, living room, and dining area
  • Full bathroom includes a walk‑through shower, oversized jetted tub, and private sauna

Property Analytics

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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

606
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two-level property pairs business space with an updated penthouse residence.
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, including more than 2,500 square feet of commercial space; Updated penthouse with open kitchen, living room, and dining area; Full bathroom includes a walk‑through shower, oversized jetted tub, and private sauna
More about this property
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